Tag: M&A

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...

AGI targets insurance broker growth gap with $70m AI platform

American Growth Insurance (AGI), an insurance brokerage focused on specialty commercial and personal lines, has launched with nearly $70m in committed equity to build...

Bain Capital backs $2.1bn raise for FinTech leader Acrisure

Acrisure, the global FinTech firm offering AI-driven financial services, has secured $2.1bn through a new capital raise backed by several major investors, bolstering its plans to grow internationally and enhance its platform.

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

MarshBerry acquires IMAS Corporate Finance

MarshBerry, a global M&A advisory firm for insurance brokers, has revealed that it has acquired IMAS Corporate Finance LLP (IMAS).

InsurTechs favour alliances over M&A, KMPG reveals

KPMG latest Pulse of FinTech report has suggested that a lack of M&A activity globally could reflect greater concerns about InsurTechs with high valuations that have not yet generated positive returns.
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