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InsurTech Vertafore in MGA Systems take-over
North American insurance technology provider Vertafore has acquired MGA Systems, a provider of purpose-built software for MGAs.
ReSource Pro acquires Boston InsurTech towerIQ
ReSource Pro, which providers business process solutions for the insurance industry, has acquired Boston-based towerIQ, a property and casualty (P&C) insurance focused technology platform.
Omio rides the global travel wave with $80m fresh funding
Omio, a ground transportation platform and travel insurer, has raised $80m amid surging travel.
Acrisure acquires QuickInsured to fuel digital sales growth
FinTech and global insurance broker Acrisure has acquired QuickInsured, a tech-enabled insurance agency.
Insured Nomads acquires Peanut to boost travel confidence
Insured Nomads, a global health and travel insurance provider, has acquired Peanut, a Google Chrome extension that helps travellers see important information about their destination.
Polly acquires Driven Data to boost customer experiences
Polly (formerly DealerPolicy), an insurance marketplace for automotive retail, has acquired automotive marketing and analytics company Driven Data.
HUB launches dedicated digital platform
Hub International Limited (HUB), a global insurance brokerage and financial services firm, has launched VIU, a digital platform for transactional personal insurance needs.
What were the biggest deals in InsurTech in 2021?
2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?
Acrisure receives eye-watering $725m, now valued at $23bn
Global insurer and FinTech Acrisure has raised $725m in Series B-2 preferred equity to fuel its ongoing expansion.
Lumera to acquire Ai-London for European expansion
Lumera, an InsurTech dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement to acquire Ai-London.
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