Sector Updates

SiriusPoint partners with Eaton Gate to progress international strategy 

Bermuda-based Insurer and reinsurer SiriusPoint, has announced a new partnership with EatonGate. 

Acturis snaps up Broker Buddha in bid to enter US market

InsurTech giant Acturis Group has acquired Broker Buddha as it looks to enter the US market. 
Modives has announced a strategic partnership with Bindable aimed at providing a myriad of features designed to enhance property management and support owner-landlords via the Modives business solution.

NEXT Insurance unveils umbrella/excess liability coverage for SMEs

NEXT Insurance, a digital small business insurer, has launched its commercial umbrella/excess liability coverage.

Ardonagh hires ex-Aviva leader as sales director

Ardonagh UK has appointed former director of regional brokers, strategy and propositions at Aviva, Karen Jackman as commercial MGA sales director. 

Aon bolsters broking team with new UK hire

Aon has announced further investment into its brokering team, appointing Graeme MacMillan as its Chief Broking Officer (CBO) for Commercial Risk Solutions in the UK. 

AXA to purchase Laya Healthcare from AIG for €650m 

AXA has revealed that it has entered into an agreement to purchase Laya Healthcare from Corebridge Financial Inc., a subsidiary of InsurTech giants AIG.
PCF

PCF Insurance raises $400m in incremental financing 

PCF Insurance Services has secured $400m in incremental debt financing as it looks to accelerate its M&A strategy for expansion. 
Jerry

Jerry’s AI-powered revolution in car insurance accelerates with $110m raise

Jerry, a service known for its PriceProtect technology that helps car owners find optimal insurance rates, has doubled its offerings.
Mosaic

InsurTech firm Mosaic secures strategic growth investment

Specialty insurer, Mosaic Insurance, has secured strategic investment from two prominent US growth-capital providers. Although the exact amount of investment hasn't been disclosed, the agreement...

Tiger Brokers launches industry’s first AI chatbox 

Tiger Brokers has announced the launch an AI chatbox which has been deemed the first of its kind across the brokerage industry.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...
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