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

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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