Global M&A Hits 10-Year High, Says Clyde & Co.

The volume of global insurance industry mergers and acquisitions reached a 10-year high in the first half of 2022, up 9.5 percent from the same six months a year ago. According to Clyde & Co.'s ...

Lemonade Closes Deal for Metromile

Digital insurer Lemonade said it has closed the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction. Metromile shareholders received 7.3 million Lemonade shares, ...

Vertafore Acquires MGA Systems

Insurance technology vendor Vertafore has acquired MGA Systems, a provider of software for managing general agencies based in Melville, N.Y. Vertafore said the acquisition gives its customers access ...