M&A
Hippo Completes Acquisition of Spinnaker Insurance
Hippo, an InsurTech and managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Company, with an expansion into additional states next on its plate. The ...
Aon, Willis Towers Watson Shareholders Sign Off on Planned Merger
Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to ...
Executives On The Move at Hamilton, BHSI and CopperPoint
Hamilton Insurance Group hired an executive to lead development of its mergers and acquisitions division in North America and Latin America. Berkshire Hathaway Specialty Insurance named a new Head of ...
Insurance Software Maker Vertafore Sold to Roper in $5.4B Deal
Florida-based Roper Technologies has agreed to acquire insurance software maker Vertafore in an all-cash transaction valued at approximately $5.35 billion. Roper said the Vertafore management team ...
Third Point Re, Sirius to Merge in $788M Deal
Third Point Reinsurance and Sirius International Insurance Group, a global multi-line insurer and reinsurer, have agreed to merge in a cash and stock transaction worth $788 million. The new company ...
American Family Launches CONNECT, Formerly Ameriprise Auto & Home
American Family Insurance has renamed the Ameriprise Auto & Home business it paid $1 billion for a little over a year ago. The new name is "CONNECT: Powered by American Family Insurance." State ...
Covea Investment Helps Normalize Exor Relationship After It Abandoned PartnerRe Acquisition
Italy's Exor said on Monday that French insurer Covea had agreed to invest a total of 1.5 billion euros ($1.8 billion), partly in entities managed by PartnerRE, after walking away from a deal to buy ...
CoreLogic Bidders Seek Shareholder Backing to Replace 9 Directors
The investors seeking to take over CoreLogic Inc. plan to solicit support from fellow shareholders to replace nine directors, after the company rejected their $7 billion proposal to take it private. ...