M&A

Zhibao Technology, an InsurTech firm offering digital insurance brokerage services in China, has acquired a majority stake in Zhonglian Jinan Insurance Brokers, a licensed insurance brokerage with an expansive national footprint.

Zhibao acquires Zhonglian Jinan to double branch network

Zhibao Technology, an InsurTech firm offering digital insurance brokerage services in China, has acquired a majority stake in Zhonglian Jinan Insurance Brokers, a licensed insurance brokerage with an expansive national footprint.
Zurich Insurance Group, a global multi-line insurer headquartered in Switzerland, has announced it will acquire BOXX Insurance Inc., a Toronto-based global cyber InsurTech known for its integrated cyber insurance and protection solutions.

Zurich acquires BOXX Insurance to expand cyber protection

Zurich Insurance Group, a global multi-line insurer headquartered in Switzerland, has announced it will acquire BOXX Insurance Inc., a Toronto-based global cyber InsurTech known for its integrated cyber insurance and protection solutions.
Atec has acquired Moorhouse Group in a strategic push to expand its presence in the SME insurance market.

Atec acquires Moorhouse Group to expand SME insurance reach

Atec has acquired Moorhouse Group in a strategic push to expand its presence in the SME insurance market.
Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.

Broadstone snaps up ExactVAL to enhance life insurer analytics

Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.
King Risk Partners, a national insurance firm focused on strategic expansion, has acquired Fidens Insurance Brokers, an independent insurance agency based in Red Bank, New Jersey.

King Risk Partners acquires Fidens Insurance Brokers to bolster Northeastern US presence

King Risk Partners, a national insurance firm focused on strategic expansion, has acquired Fidens Insurance Brokers, an independent insurance agency based in Red Bank, New Jersey.
KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.

KatRisk acquires Gamma to enhance property-level risk analytics and catastrophe modelling

KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.
MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re Life US.

MIB Group acquires Clareto from Munich Re to enhance electronic health record integration in...

MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re...
Earnix, a leading dynamic AI platform for insurance, has entered into a definitive agreement to acquire Zelros in a bid to enable pricing and underwriting professionals to deliver more accurate offers and improve customer engagement.

Earnix expands AI capabilities with Zelros acquisition to transform insurance pricing and underwriting

Earnix, a leading dynamic AI platform for insurance, has entered into a definitive agreement to acquire Zelros in a bid to enable pricing and...
Sapiens International Corporation, a global provider of intelligent insurance software solutions, has announced the acquisition of Candela, an intelligent automation company servicing blue-chip insurance clients across the Asia-Pacific (APAC) region.

Sapiens expands in Asia with $22m Candela acquisition

Sapiens International Corporation, a global provider of intelligent insurance software solutions, has announced the acquisition of Candela, an intelligent automation company servicing blue-chip insurance clients across the Asia-Pacific (APAC) region.
Pliant, a Berlin-based FinTech focused on modernising corporate card infrastructure, has acquired Vienna-based InsurTech hi.health to streamline and digitise outdated reimbursement workflows within the insurance sector.

Pliant acquires hi.health to simplify insurance payments across Europe

Pliant, a Berlin-based FinTech focused on modernising corporate card infrastructure, has acquired Vienna-based InsurTech hi.health to streamline and digitise outdated reimbursement workflows within the insurance sector.

News Stories

Akur8 joins Verisk's strategic alliance partner network

Akur8 joins Verisk’s strategic alliance partner network

Akur8, a global actuarial AI platform serving more than 350 insurers across 40+ countries, has joined the Verisk Strategic Alliance (VSA) partner network and...
AI budget Percentage in Insurance

AI investment is accelerating with two-thirds of insurance CEOs allocating 10 – 20% of...

Key views of percentage of budget spent on AI in insurance companies: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...
bolttech

ING picks bolttech for European InsurTech push

ING, one of Europe's largest banks, has selected bolttech, a technology-enabled insurance platform, as its strategic partner to expand embedded insurance and protection solutions...

Producerflow launches partner portal for carriers

Producerflow, an insurance distribution management software company, has launched Partner Portal, a new self-service workspace aimed at transforming how insurance carriers work with their...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...
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