M&A
Travelers Grabs UK Small Biz Online Insurance Broker for $490M
The Travelers Companies will snatch up Simply Business from Aquiline Capital Partners LLC for $490 million, a deal that gives it an online insurance broker with a focus on the small business market. ...
Liberty Mutual’s Q4 Hammered by U.S. Personal, Commercial Auto Losses
Liberty Mutual Holding Company's 2016 fourth quarter net income declined substantially, due mostly to higher U.S. personal and commercial auto liability losses. But the number was up for the full ...
More Insurer CFOs See Big Data as Helping Them With Growth Goals
Nearly 70 percent of insurer CFOs see pursuit of new growth, market expansion or an M&A deal as a significant priority, making it their top business driver, according to a 2016 EY survey of ...
AmTrust Finalizes $93M Acquisition of Workers Comp Insurer AmeriHealth Casualty
AmTrust Financial services said it has closed a nearly $93 million acquisition of regional U.S. workers compensation insurer AmeriHealth Casualty Insurance Company from Independence Health Group Inc. ...
Pinpoint Synergies to Make a Good M&A Deal Great
Making sure large M&A deals create value is as much about knowing who to involve—and when—as it is about knowing how to capture synergies. While keeping your deal team small ensures ...
Verisk Analytics Acquires UK-Based Emergent Network Intelligence
Verisk Analytics has expanded its claims products in the United Kingdom with the acquisition of Emergent Network Intelligence (ENI), which provides insurers in the UK with technological innovations ...
NORCAL Mutual: Stronger Through Consolidation
Consolidation is a major consideration for NORCAL Mutual Insurance Co., "whether it's physicians joining larger groups, agents being acquired, or companies like ours taking advantage of M&A ...
Willis Towers Watson Aims to Buy French Aviation Brokerage
Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d'Assurances Aériennes G. ...