M&A
Willis Re Sale May Still Happen, Willis Towers Watson CEO Confirms
Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re, days after a planned sale to rival Arthur J. Gallagher fell ...
For Insurance Software Company Earnix, More Acquisition Targets Will Follow Its Driveway Deal
Earnix CEO Udi Ziv predicts his company will pursue more acquisitions in the coming months. News that the Israel-based software company focused on insurers and banks would seek more M&A targets ...
Aon and Willis Towers Watson Abandon $30B Merger Deal; DOJ Suit Halted Momentum
Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their business combination agreement and end litigation with the U.S. Department of Justice. The proposed ...
InsurTech bolttech, Flush With Cash, Snatches Up Berlin-Based Digital Platform
The InsurTech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The ...
Insurance Advisory Firms Aite and Novarica Merge; Pamlico Backs the Effort
Two Boston, Mass.-based advisory and research firms for the insurance industry are now one. Aite Group and Novarica Inc. said they have merged to create Aite-Novarica Group. The move comes with an ...
After State Auto, Liberty Mutual Turns to Malaysia for Next Acquisition
Liberty Mutual Insurance is disclosing acquisition plans for the second time in two weeks. This time, the Boston-based mutual insurance holding company said it will apply for regulatory approval to ...
Applied Underwriters Snatches Up Generali Group’s U.S. Specialty Lines Arm
Applied Underwriters has acquired the U.S. Specialty Lines division of Generali Group including Generali Warranty Services, which offers extended warranty programs and contractual liability insurance ...
Liberty Mutual Acquiring State Auto
Liberty Mutual Holding Company, whose insurance company famously invites customers to only pay for what they need, is paying roughly $1 billion to acquire State Auto Group, a super-regional insurance ...