M&A
Cyber MGA At-Bay Acquires Tech-Solutions Provider Relay
At-Bay, the San Francisco-based managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance placements. ...
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 ...
Reinsurance M&A Slows Amid Macroeconomic Risks, Higher Natural Disaster Claims
Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and heightened catastrophe losses linked to climate change, ...
Coalition to Now Offer Cyber Policies With Acquisition of Admitted Carrier
Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation. Digital Affect Insurance ...
M&A Deals: Lemonade Sells Metromile’s EBS Platform to EIS; Liberty Mutual Acquires AmGeneral
Lemonade has sold Metromile's Enterprise Business Solutions (EBS) to digital insurance platform EIS. EBS was Metromile's SaaS claims automation and fraud detection platform that it licensed to large ...
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 ...
JAB to Acquire Fairfax’s Pet Insurance Stake in Crum & Forster, Pethealth
JAB Holding Company and Fairfax Financial Holdings Limited have announced that JAB's pet insurance business agreed to acquire all of Fairfax's interests in the Crum & Forster Pet Insurance Group ...