Tag: acquisition

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.

BNP Paribas is in exclusive negotiations to acquire 100% of AXA Investment Managers, AXA‘s asset management arm, for €5.1bn.

Novidea, the creator of the cloud-based, data-driven enterprise insurance management platform, has announced the strategic acquisition of Docomotion, an automated document generation technology provider.

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.

Aviva has announced the acquisition of Probitas 1492 in a £242m deal, as it looks to expand its presence in the Lloyd’s market.

Hadron, a revolutionary insurer focused on aiding Managing General Underwriters (MGUs) in accelerating their growth, has announced its expansion into the UK market with the acquisition of Folgate Insurance Company.

Allianz Direct, a subsidiary of the German insurance giant Allianz, is reportedly on the brink of acquiring the beleaguered French InsurTech Luko for approximately €5m.

NFP, an international insurance broking and consulting firm, has successfully acquired Advanced Insurance Consultants Limited (AIC) to expand its commercial insurance offering.

Travelers, a leading insurance provider has entered into a definitive agreement to acquire cyber InsurTech firm Corvus for $435m.

iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.