M&A

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,...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...
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