M&A

Neptune Flood, the nation’s largest private flood insurance company, has acquired Charles River Data in a bid to enhance AI-driven flood insurance solutions.

Neptune Flood announces acquisition to drive AI-driven flood insurance solutions

Neptune Flood, the nation’s largest private flood insurance company, has acquired Charles River Data in a bid to enhance AI-driven flood insurance solutions.
Trustmark National Bank has agreed to sell its wholly owned subsidiary, Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE), to Marsh & McLennan for $345m in cash.

Trustmark National Bank sells Fisher Brown Bottrell Insurance to Marsh & McLennan Agency for...

Trustmark National Bank has agreed to sell its wholly owned subsidiary, Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE), to Marsh & McLennan for $345m in cash.
Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.

Arthur J. Gallagher & Co. bolsters Australian trade credit offerings with Prasidium acquisition

Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.
Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.

Chubb strengthens pet insurance market with Healthy Paws acquisition

Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.
Aurionpro Solutions Limited has announced the acquisition Arya.ai in a bid to enhance its portfolio of enterprise FinTech offerings with cutting-edge AI technologies.

Aurionpro Solutions to bolster AI capabilities with acquisition of Arya.ai

Aurionpro Solutions Limited has announced the acquisition Arya.ai in a bid to enhance its portfolio of enterprise FinTech offerings with cutting-edge AI technologies.
AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.

AKKO announces acquisition of Upsie to cement market position

AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.
Descartes Labs acquires Geosite: A strategic move to revolutionise geospatial analytics

Descartes Labs acquires Geosite: A strategic move to revolutionise geospatial analytics

Descartes Labs, a trailblazer in geospatial analytics and artificial intelligence (AI), has announced its acquisition of Geosite, a renowned SaaS provider known for delivering cutting-edge geospatial intelligence solutions to property and casualty insurance companies.
+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

+Simple acquires OM Suscripción to boost Spanish insurance market presence

+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.
Aon, a prominent global professional services firm, has announced it has acquired Humn.ai’s technology assets and intellectual property in a bid to fortify its commercial fleet proposition.

Aon acquires AI-powered platform to fortify its commercial fleet proposition

Aon, a prominent global professional services firm, has announced it has acquired Humn.ai’s technology assets and intellectual property in a bid to fortify its commercial fleet proposition.
Allianz S.p.A. has revealed that it has finalised the acquisition of Tua Assicurazioni S.p.A. in a €280m deal.

Allianz boosts Italian market presence with €280m Tua Assicurazioni acquisition

Allianz S.p.A. has revealed that it has finalised the acquisition of Tua Assicurazioni S.p.A. in a €280m deal.

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...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week