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Lemonade acquisition of Metromile comes under scrutiny
Global investor rights law firm Halper Sadeh LLP has launched an investigation into whether the sale of Metromile to Lemonade is fair to Metromile shareholders.
Neptune Flood acquires disaster insurance firm Jumpstart
InsurTech Neptune Flood has purchased Jumpstart Insurance Solutions, a parametric insurance company, for an undisclosed fee.
Zendrive teams up with bolt to improve auto insurance
Zendrive, which claims to use data and analytics to improve auto insurance and claims, has teamed up with bolt to help insurers acquire safer drivers.
Arch Capital closes deal to acquire Westpac’s mortgage insurance business
Insurance firm Arch Capital has closed the acquisition of Westpac Lenders Mortgage Insurance (WLMI) for an undisclosed fee.
Pie Insurance secures regulatory approval to acquire Western Select
InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.
HSBC Insurance enters agreement to buy AXA Singapore for $575m
HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.
Brookfield reinsurance arm enters $5.1bn agreement to buy American National
Brookfield Asset Management’s reinsurance branch has agreed to acquire multi-product insurance company American National Group for $5.1bn in cash.
InsurTech Hippo goes public via SPAC merger to fuel growth of its home insurance...
US InsurTech focused on the home insurance market Hippo has become a publicly-traded company following its merger with special purpose acquisition company (SPAC) Reinvent Technology Partners Z.
Earnix’s acquisition to help the InsurTech bolster its UBI/BBI solution
Insurance software company Earnix acquired AI telematics provider Driveway Software's assets to scale up its Usage-Based Insurance (UBI) and Behavior-Based Insurance (BBI) solutions.
Bolttech bolsters market reach with I-surance acquisition
Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.