Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
June 11, 2021
 
 
 

SCOR and Covéa Lay Down Legal Swords in Return to 'Mutually Beneficial Relationship'

Jun 11, 2021 -- French mutual insurer Covéa and reinsurer SCOR finally laid down their legal swords this week – opting instead for "peaceful...
 

Crest Acquires SJS Insurance in Arizona

Jun 11, 2021 -- Crest Insurance has acquired SJS Insurance LLC in Arizona. Owner and CEO Jason Sheahan, and Chad Suter, owner and president, as well as...
 

Nationwide Invests in Certificate of Insurance Startup Certificial

Jun 10, 2021 -- Insurer Nationwide has invested in an early-stage funding round for Certificial, an insurtech with a platform that issues real-time...
 

Accelerant Acquires North Carolina's Agribusiness Risk Underwriters

Jun 10, 2021 -- Accelerant, a technology-based insurance platform, has acquired Agribusiness Risk Underwriters (ARU), a provider of poultry farm...
 

Towerstone in Dallas Acquires Austin's PLUS Inc.

Jun 10, 2021 -- Towerstone, the Dallas-based wholesale insurance division of IMA Financial Group, has acquired Professional Lines Underwriting...
 

Amwins Acquires Maryland's CBIZ M.T. Donahoe & Associates

Jun 9, 2021 -- Amwins, a global distributor of specialty insurance products and services, has acquired CBIZ M.T. Donahoe & Associates LLC (MTDA), a...
 

Embroker, with Plan to Become Full-Stack Insurance Carrier, Raises $100M

Jun 9, 2021 -- Embroker, a digital broker focused on business insurance, aims to become a full-stack insurance carrier – an expansion of its strategy...
 

Generali Drops Out of Race to Buy NN's Asset Manager Arm: Sources

Jun 9, 2021 -- Italy's top insurer Assicurazioni Generali has dropped out of the race to buy the asset management arm of Dutch rival NN Group NV, two...
 

PEAK6 Acquires Florida's Team Focus, Parent to MacNeil Group, Capacity Insurance

Jun 8, 2021 -- Investment firm PEAK6 announced that its insurance operations subsidiary, PEAK6 InsurTech, will acquire Team Focus Insurance Group, a...
 

Scottish American Acquires Ohio Work Comp Specialist, Fastcomp

Jun 8, 2021 -- Wholesale insurance broker and managing general agent, Scottish American, has acquired Fastcomp of Boston Heights, Ohio. Terms of the...
 

Hub Acquires Assets of California-Based EnterMedicare Inc.

Jun 8, 2021 -- Hub International Ltd. has acquired the assets of EnterMedicare Inc. in Los Angeles, Calif. Terms of the deal were not disclosed. Dennis...
 

Italian Insurer Cattolica Delays €200M Cash Call due to Generali's Recent Takeover Offer

Jun 8, 2021 -- MILAN – Italian insurer Cattolica said on Monday it had decided to delay a planned 200 million euro ($244 million) cash call to give...
 

Odie Pet Insurance Agency Raises $3 Million

Jun 7, 2021 -- Odie Pet Insurance has closed on more than $3 million in new funding to accelerate its growth and invest in technology. Odie Pet...
 

German Insurtech ELEMENT Raises $19.5M to Continue Growth

Jun 7, 2021 -- ELEMENT, the Berlin-based white-label provider of digital insurance solutions, has raised €16 million (US$19.5 million), in additional...
 

Propel Insurance Acquires South Carolina's South Risk Management

Jun 4, 2021 -- Propel Insurance, a privately-owned insurance agency and portfolio company of Flexpoint Ford, has acquired South Carolina-based South...
 

Canadian Fintech Company Ratehub Launches Insurance Brokerage

Jun 4, 2021 -- Canadian fintech company Ratehub Inc. has launched a property/casualty (P/C) brokerage called RH Insurance. Toronto-based Ratehub, which...
 
 
 
 
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