Tag archive for ‘Insurance industry news’
By businessnewstoday On Wednesday, August 5th, 2020

Worldwide Facilities acquires surplus lines MGA Clearwater Underwriters

(adsbygoogle = window.adsbygoogle || []).push({}); Worldwide Facilities, a US insurance broker, has acquired Clearwater Underwriters, a surplus lines managing general agent (MGA) based in Clearwater, More...

By businessnewstoday On Saturday, August 1st, 2020

Ardian acquires majority stake in French insurance broker Finaxy

Private equity firm Ardian said that through its affiliate Ardian Expansion has acquired a majority stake in Finaxy, a French insurance broker, from Equistone Partners Europe, for an undisclosed price. Established More...

By businessnewstoday On Wednesday, July 29th, 2020

Israel-based Sapiens acquires US insurtech company Delphi Technology

Sapiens acquisition of Delphi Technology : Israel-based Sapiens International has acquired US insurtech company Delphi Technology for $19.5 million in an all-cash deal in a move to expand its presence in the medical More...

By businessnewstoday On Friday, July 24th, 2020

Indian Express acquires insurance web aggregator MyInsuranceClub

MyInsuranceClub, an Indian insurance web aggregator, has been acquired by the Indian Express Group, the owner of various newspapers in India, for an undisclosed sum. The deal was inked earlier this year and was More...

By businessnewstoday On Thursday, July 23rd, 2020

World Insurance Associates acquires Professional Insurance Consulting

World Insurance Associates (WIA), a New Jersey based insurance brokerage has acquired Professional Insurance Consulting (PICI) for an undisclosed price. Professional Insurance Consulting is an independent property-casualty More...

By businessnewstoday On Thursday, July 23rd, 2020

Thoma Bravo to acquire insurtech company Majesco for $594m

Thoma Bravo acquisition of Majesco : Private equity firm Thoma Bravo has signed a $594 million deal to acquire US insurtech company Majesco, which claims to help insurers achieve digital business transformation More...

By businessnewstoday On Tuesday, July 21st, 2020

Hilb Group acquires Eldredge & Lumpkin Insurance Agency in Massachusetts

The Hilb Group (THG), a US middle market insurance agency, has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency (E&L) for an undisclosed price, as per the latest insurance acquisition news. The More...

By businessnewstoday On Monday, July 20th, 2020

Direct Line Group to acquire UK digital insurance start-up Brolly

Direct Line Group, a UK motor and home insurer, has agreed to acquire Brolly, a London-based digital insurance start-up that offers flexible, customized insurance products, for an undisclosed price. The deal, which More...

By businessnewstoday On Friday, July 17th, 2020

Amynta Group acquires surety business of Aspen Insurance

Amynta Group, a New York-based warranty company, has acquired the surety business of Bermuda-based insurance company Aspen Insurance for an undisclosed price. The acquired business will be renamed as Amynta Surety More...

By businessnewstoday On Thursday, July 16th, 2020

AssuredPartners acquires New York-based ENV Insurance Agency

US insurance brokerage firm AssuredPartners has acquired ENV Insurance Agency based in Liverpool, New York, for an undisclosed price. ENV Insurance Agency, which was founded in 1988, offers insurance and employee More...