M&A

Aviva, a leading British multinational insurance provider offering a range of life, general, and health insurance products, has entered into a preliminary agreement to acquire Direct Line for £3.6bn.

Aviva announces £3.6bn acquisition of Direct Line to dominate UK insurance market

Aviva, a leading British multinational insurance provider offering a range of life, general, and health insurance products, has entered into a preliminary agreement to acquire Direct Line for £3.6bn.
Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase. 

Sony Financial Group acquires Japanese InsurTech startup JustInCase

Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase. 
Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.

Centana Growth Partners acquires $60m stake in First Connect Insurance to expand U.S. independent...

Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.
Hub International Limited (Hub) has acquired Western Growers Insurance Services (WGIS) to strengthen its service offerings in the agribusiness sector.

Hub International acquires Western Growers Insurance Services to expand agribusiness insurance offerings

Hub International Limited (Hub) has acquired Western Growers Insurance Services (WGIS) to strengthen its service offerings in the agribusiness sector.
Swiss Re, a global reinsurance leader based in Switzerland, has announced the sale of its iptiQ European P&C business to Allianz Direct, the pan-European digital insurer of Allianz Group.

Swiss Re sells iptiQ’s European P&C arm to Allianz Direct as part of strategic...

Swiss Re, a global reinsurance leader based in Switzerland, has announced the sale of its iptiQ European P&C business to Allianz Direct, the pan-European digital insurer of Allianz Group.
Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.

Duck Creek Technologies expands capabilities with acquisition of Risk Control Technologies

Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.
RT Specialty, a leading wholesale distributor of specialty insurance products and services, has announced several leadership team appointments effective October 1, 2024.

Xceedance strengthens personal lines underwriting with acquisition of Millennium Information Services

Xceedance, a global provider of consulting, technology, operations support, and data solutions, has acquired Millennium Information Services to accelerate its expansion in the personal lines sector. 
Xceedance bolsters inspection capabilities with Millennium Information Services acquisition

Xceedance bolsters inspection capabilities with Millennium Information Services acquisition

Xceedance, a global leader in insurance-focused consulting, technology, operations support, and data solutions, has acquired Millennium Information Services, a major player in property inspection and data analytics in the US.
GoHealth, Inc., a leading health insurance marketplace, has entered into an agreement to acquire e-TeleQuote Insurance, a prominent Medicare insurance provider.

GoHealth to acquire e-TeleQuote Insurance to enhance consumer-centric solutions

GoHealth, Inc., a leading health insurance marketplace, has entered into an agreement to acquire e-TeleQuote Insurance, a prominent Medicare insurance provider.
Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance‘s Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

Ryan Specialty to expand portfolio with acquisition of Ethos Specialty Insurance’s P&C MGUs

Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance‘s Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

News Stories

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

The next phase of InsurTech: From disruption to durability

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago,...
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AI and the future of consumer lending: what lenders need to know

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no...
WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.

Thimble selects WTW Radar Live to scale pricing

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its...
MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire.

MyChoice enters Guidewire’s Insurtech Vanguards community

MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire. The initiative connects insurers with...
Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss health insurance marketplace.

Health In Tech taps Ciklum to enhance AI insurance marketplace

Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss...
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