M&A Archives - Carrier Management

Insurance M&A Drops Sharply Globally in 2023

Regulatory changes and a reduced appetite for insurtechs are driving down insurance carrier mergers and acquisitions (M&A), a newly released report has found. M&A were down by 17 percent ...

American Financial Group to Acquire Crop Risk Services From AIG for $240M

American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) ...

Policygenius to Be Acquired by Zinnia

Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company.

INSHUR Acquires American Business Insurance Services, Secures $26M in Funding

INSHUR, a global on-demand insurance provider, has made a strategic acquisition of American Business Insurance Services in order to expand and scale its operations across the U.S. The company also ...

Arch Insurance Acquires InsurTech Thimble

Arch Insurance said it has acquired Thimble, an InsurTech platform that enables small businesses to get insurance coverage by the job, month or year using app, website or ...

Demand for Transactional Risk Coverage Remained Strong in 2022: Marsh

Transactional risk insurance continued its rise in popularity in 2022 to become a global, mainstream feature on mergers and acquisitions (M&A).

Harford Mutual Insurance Group Plans Merger With ClearPath Mutual

Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a monoline workers compensation ...

Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022

The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year — the highest for a decade, according to ...

Brookfield Reinsurance to Acquire Insurer Argo Group in $1.1B Deal

Financial services firm Brookfield Reinsurance announced it has entered a definitive agreement to acquire Argo Group International Holdings in an all-cash transaction ...

Vista Equity Partners to Buy Duck Creek for $2.6B Cash

Insurance software provider Duck Creek Technologies said it has entered into an agreement to be bought by Vista Equity Partners in an all-cash deal of about $2.6 ...