Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
July 23, 2021
 
 
 

Ryan Specialty Rose 9% in NYSE Initial Offering, Valued at $6.5 Billion

Jul 23, 2021 -- Shares of Ryan Specialty Group Holdings Inc rose 9% in their New York Stock Exchange Debut on Thursday, fetching a market capitalization...
 

Insurtech bolttech Acquires i-surance to Help Accelerate Expansion Across Europe

Jul 23, 2021 -- Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin....
 

Trading to Begin on Ryan Specialty IPO at $23.50 per Share for $1.3 Billion

Jul 22, 2021 -- Chicago-based wholesale insurance broker Ryan Specialty Group Holdings, Inc. announced the pricing of its initial public offering of 57...
 

W.R. Berkley-Backed Vehicle Inspection Firm UVeye Raises $60M in New Round

Jul 22, 2021 -- UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used...
 

Ohio's Westfield Launches Specialty Insurance Business

Jul 21, 2021 -- Westfield, a Westfield Center, Ohio-based super-regional property/casualty insurance company with a 173-year history, is entering the...
 

Advisory Firms Aite Group and Novarica Merge with Backing From Pamlico

Jul 21, 2021 -- Two Boston, Mass.-based advisory and research firms for the insurance industry are now one. Aite Group and Novarica Inc. said they have...
 

Medical & Commercial International Gets 'In-Principle' Nod to Form Lloyd's Syndicate

Jul 21, 2021 -- Medical & Commercial International (MCI), the specialist managing general agency, has received "in-principle" approval from Lloyd's...
 

UK Broker Price Forbes Acquires 100% Stake of Chile Business

Jul 21, 2021 -- Price Forbes, a London-based insurance broker, announced it has increased its shareholding in Price Forbes Chile to 100% as part of its...
 

Africa Specialty Risks Secures $10M of PVT Capacity from Atrium at Lloyd's

Jul 20, 2021 -- Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10...
 

Liberty Mutual Looks to Acquire Malaysian P/C Insurer AmGeneral

Jul 19, 2021 -- Boston-based Liberty Mutual Insurance said it will be applying for regulatory approval to acquire Malaysian property/casualty insurer...
 

Two Firms Merging to Capitalize on Embedded Insurance Demand

Jul 19, 2021 -- Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and other e-commerce...
 

The Hilb Group Builds Virginia Presence with Six July Acquisitions

Jul 19, 2021 -- The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far this month. The...
 

China Plans to Sell Controlling Stake of Revamped Anbang (Now Called Dajia) for $5.2B

Jul 19, 2021 -- Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity of embattled...
 

Kin Insurance Sees Shark Tank SPAC Deal as Way to 'Pour Gas on' Expansion

Jul 19, 2021 -- Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through...
 

Enstar to Repurchase Hillhouse's Equity Stake, Buys Controlling Interest in Enhanzed Re

Jul 16, 2021 -- Bermuda-based Enstar Group Ltd. announced it has entered into an agreement to repurchase Hillhouse Capital Management's entire remaining...
 
 
 
 
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