Browsing: Mergers & Acquisitions

Swiss insurer expands into insurtech with acquisition of Canadian cyber risk management firm

WalkerHughes Insurance expands presence in Vincennes, Indiana with second acquisition in the area

Moroccan insurer Wafa Assurance has agreed to acquire a majority stake in Egypt’s Delta Insurance, expanding its presence in the Egyptian market.

COVU Inc. has acquired Ford Insurance Agency, a family-owned business based in Maine, marking its fourth acquisition as part of its strategy to develop a national insurance platform.

Recent mergers and acquisitions in the insurance industry highlight significant moves by major players. Howden acquires Chilean retail insurance broker Ureta & Fernandez Corredores de Seguros Limitada while United Risk purchases Australian facultative reinsurance MGA Pinnacle Underwriting.

B.P. Marsh invests £1.7 million in London-based Cameron Specialty to expand property insurance offerings

Earnix, a software-as-a-service (SaaS) specialist, has acquired Zelros, a Paris-based insurtech firm, to combine their AI technologies and improve insurance providers’ customer engagement and satisfaction.

The Ardonagh Group has acquired SRB Assekuranz Broker AG, a Zurich-based insurance broker specializing in corporate customers, particularly in the industrial sector.

Starkweather & Shepley Insurance Brokerage acquires AiK2 Insurance Services from ex-Envestnet execs Jay Hummel and John Phoenix

London-based Optio Group continues its European expansion with the acquisition of S Insurance AS, a Norwegian marine insurance MGA.