M&A

WTW, the global advisory, broking and solutions firm, has signed a definitive agreement to acquire Newfront, a San Francisco-based broker, in a deal valued at $1.3bn.

WTW to acquire San Fransisco broker Newfront in $1.3bn deal

WTW, the global advisory, broking and solutions firm, has signed a definitive agreement to acquire Newfront, a San Francisco-based broker, in a deal valued...
bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa and deepen its embedded insurance capabilities worldwide.

Kenyan digital insurance platform mTek acquired by bolttech

bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa...
Manchester-based digital managing general agent (MGA) Ripe has entered the holiday homes insurance market with its acquisition of specialist insurer Schofields Limited.

Ripe expands into holiday homes insurance with Schofields acquisition

Manchester-based digital managing general agent (MGA) Ripe has entered the holiday homes insurance market with its acquisition of specialist insurer Schofields Limited. The move, Ripe’s...
Global insurance and investment group Starr has agreed to acquire IQUW Group, in a deal that will make Starr’s managing agency the ninth-largest operating at Lloyd’s of London.

Starr to acquire IQUW Group in landmark Lloyd’s Deal

Global insurance and investment group Starr has agreed to acquire IQUW Group, in a deal that will make Starr’s managing agency the ninth-largest operating...
Guidewire, a leading platform provider for the property and casualty (P&C) insurance industry, has signed a definitive agreement to acquire ProNavigator, an AI-powered knowledge management platform designed for the insurance sector.

Guidewire expands with ProNavigator acquisition

Guidewire, a leading platform provider for the property and casualty (P&C) insurance industry, has signed a definitive agreement to acquire ProNavigator, an AI-powered knowledge...
Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance brokerage company.

Abacus buys AccuQuote to enhance digital insurance offering

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance...
Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at $250m.

Ambac to acquire ArmadaCare from SiriusPoint in $250m deal

Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at...
Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

Radian enters Lloyd’s market with $1.7bn Inigo acquisition

Radian Group Inc., the US-listed mortgage insurance provider, has agreed to acquire London-based Inigo Limited, a specialty insurer operating within the Lloyd’s market, in...
Applied Systems acquires Cytora to expand AI in insurance

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.
Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited, a London-based specialist underwriting platform at Lloyd’s of London, in a deal valued at $555m.

Skyward Specialty acquires Apollo for $555m to boost Lloyd’s reach

Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited,...

News Stories

Experian Health buys eInsights to boost insurance discovery

Experian Health, the healthcare arm of global data and technology business Experian, has acquired eInsights, a healthcare technology firm that helps providers locate patient...
Donegal expands ZestyAI deal to sharpen property risk

Donegal expands ZestyAI deal to sharpen property risk

Donegal Insurance Group, a US property and casualty insurer, has broadened its existing relationship with InsurTech firm ZestyAI by adopting the Z-PROPERTY solution to...
Slingshot Insurance emerges from stealth with $27m seed to power AI-native embedded insurance. Read the full story.

Slingshot Insurance lands $27m to power embedded cover

Slingshot Insurance, an AI-native insurer focused on the embedded economy, has launched publicly after operating in stealth, backed by a $27m seed round. Rally Ventures...
Earnix warns against delaying insurance pricing modernisation

The hidden costs of replacing insurance core systems

Insurers could delay the benefits of better pricing and underwriting by making them dependent on lengthy core system replacements, with Earnix advocating a more...
Earnix tackles fragmented AI adoption across insurance

Earnix tackles fragmented AI adoption across insurance

Insurers are investing heavily in artificial intelligence, but fragmented systems and disconnected teams risk preventing the technology from delivering its full value, according to...
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