Athora acquires the UK’s Pension Insurance Corp. Group for £5.7 bn
Athora Holding, a European savings and retirement business, agreed to acquire the United Kingdom’s Pension Insurance Corp. Group (PICG) for about £5.7 bn
M&A Insurance News
Chesnara acquired the U.K. life insurance business of HSBC Bank for £260 mn
Chesnara and its subsidiaries announced they have entered an agreement to acquire the U.K. life insurance business of HSBC Bank for £260 mn in cash
Nationwide completed $1.25 bn acquisition of Allstate’s group health segment
Nationwide completed its $1.25 bn acquisition of Allstate’s group health segment, positioning itself as a leading provider of employer stop-loss business
Atrium Underwriting acquired by CRC Insurance Group
Atrium Underwriting Group announced it has entered into an agreement to be acquired by independent brokerage and underwriting specialty insurance distributor CRC Insurance Group
Howden acquired a 68.3% majority stake in Holos insurance broker
Howden, the global insurance and reinsurance broking group, acquired a 68.3% majority stake in Holos Holdings, a Kyoto-based retail insurance broker founded in 2001 by Kei Horii
Zurich acquired cyber insurtech BOXX Insurance
Zurich Insurance Group announced its acquisition of BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech
Ergo completed $2.6 bn acquisition of the NEXT Insurance remaining share
Munich Re’s Ergo primary insurance group completed its $2.6 bn acquisition of the remaining share capital of insurtech NEXT Insurance
Enstar closed $5.1 bn acquisition by affiliates of Sixth Street
Enstar Group announced the closing of its $5.1 bn acquisition by investment vehicles managed by affiliates of Sixth Street
Ryan Specialty acquired J.M. Wilson , a Michigan-based MGA offering personal lines
Ryan Specialty Holdings has completed its acquisition of J.M. Wilson Corp., a Michigan-based specialist managing general agent offering personal lines
Mergers and acquisitions insurance claims reached record levels in 2024-2025
Mergers and acquisitions (M&A) insurance claims reached record levels in 2024, with the highest total payouts ever recorded
LHL Strategies acquired software company ClearLife
LHL Strategies, operating as Lighthouse Life, has acquired ClearLife, a UK-based firm with software and consulting operations in both the UK and the US
Regulators approve Aviva’s £3.7 bn acquisition of Direct Line
Aviva plc has received regulatory approval from the Financial Conduct Authority and the Prudential Regulation Authority for its £3.7bn acquisition of Direct Line Insurance Group
Ohio Farmers to sell Westfield Bancorp to First Financial for $325 mn
Ohio Farmers Insurance Co., parent of Westfield Insurance, has agreed to sell Westfield Bancorp to First Financial Bancorp in a cash and stock deal valued at $325mn
Marco Capital acquires R&Q Gamma in continued expansion of run-off portfolio
Marco Capital Holdings, a European property and casualty run-off group, has acquired R&Q Gamma, a subsidiary of R&Q Insurance Holdings
United Risk Global finalized its acquisition of Pinnacle Underwriting
United Risk Global has finalized its acquisition of Pinnacle Underwriting, an Australian managing general agent specializing in facultative reinsurance
ACCC clears Allianz’s acquisition of RAAI personal insurance business in South Australia
Australia’s competition regulator, the Australian Competition and Consumer Commission (ACCC), announced it will not oppose the proposed acquisition
Dai-ichi Life acquires 15% stake in M&G to expand in the U.K. and Europe
Dai-ichi Life Holdings Inc. plans to acquire a 15% stake in M&G plc to expand its operations in the U.K. and European life insurance
Ryan Specialty acquired Irish MGU 360 Degree Underwriting
Ryan Specialty Holdings Inc. said it has acquired 360 Degree Underwriting, an Irish managing general underwriter
Helvetia board approves Caser merger to strengthen position in Spain
Helvetia Group announced that its board of directors has approved a merger involving Caser, Helvetia Seguros, and Helvetia Holding Suizo
Insurance Australia Group acquires RAC’s insurance business valued at A$1.35 bn
Insurance Australia Group reached an agreement with the Royal Automobile Club of Western Australia to acquire RAC’s insurance business in a deal valued at A$1.35 bn
CMA launches inquiry into Aviva’s £3.7 bn acquisition of Direct Line
The U.K. Competition and Markets Authority (CMA) has opened a merger inquiry into Aviva plc’s planned acquisition of Direct Line Insurance Group
Insurtech KatRisk acquired Gamma to strengthen location intelligence and risk capabilities
KatRisk, a provider of catastrophe risk modeling software for the insurance and financial sectors, has acquired Gamma
MGA Revau entered a strategic partnership with MGAs Brazos and Twenty Mile
Canadian P&C managing general agent Revau has entered a strategic partnership with Texas-based MGAs Brazos Specialty Risk Insurance and Twenty Mile Insurance Services
Optio Group acquired Custodian Management, a UK-based MGA
Optio Group, an independent specialty managing general agent (MGA) platform, has acquired Custodian Management, a UK-based MGA
Aspen Insurance adds 2.6 mn shares to IPO, targeting $77.6 mn
Aspen Insurance Holdings plans to add 2.6 mn ordinary shares to its initial public offering at a price of $30 per share, totaling $77.6 mn
MIB is acquiring Clareto from Munich Re Life US
MIB, a provider of data-focused services for the life insurance sector, is acquiring Clareto from Munich Re Life US, a subsidiary of Munich Re
Markel acquires Marine MGA Meco Group, expanding global marine capabilities
Markel, the insurance division of Markel Group, has agreed to acquire Meco Group, a specialist marine managing general agent
Likewize acquired Speedperform, a company specializing in AI customer support
Likewize, a global provider of device protection, repair services, and technical support, has acquired Speedperform, a company specializing in AI-based customer support
Sapiens acquires AdvantageGo for £43 mn to expand global P&C platform in the UK
Sapiens International Corporation, a global software provider for the insurance industry, has signed a definitive agreement to acquire AdvantageGo
AI-insurtech Earnix acquired Zelros, a GenAI startup for insurers
Dynamic AI platform for insurance Earnix has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks
Insurance brokers push debt-financed acquisitions amid slowing growth, Fitch warns credit risks rise but strong cash flow keeps leverage tolerable
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y
Insurance intersects with nearly every sector: infrastructure, logistics, health, environmental risk, and beyond