Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
October 29, 2021
 
 
 

Amazon-Backed Indian Online Insurer Acko Valued at $1.1B in New Funding Round

Oct 29, 2021 -- General Atlantic and local private equity firm Multiples Private Equity led a $225 million funding in Acko General Insurance, valuing the...
 

SiriusPoint Forms Partnership with ESG-Focused Startup Parameter Climate

Oct 29, 2021 -- SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has announced a strategic partnership with Parameter Climate, a...
 

EXOR Agrees to Sell PartnerRe to Covéa for $9B, Reviving Last Year's Collapsed Deal

Oct 29, 2021 -- The Agnelli family's EXOR NV agreed to sell its PartnerRe reinsurance unit to France's Covéa for $9 billion, reviving a transaction that...
 

Ohio Insurtech Coterie Insurance Raises $50M

Oct 29, 2021 -- Cincinnati, Ohio-based insurtech company Coterie Insurance, which specializes in commercial insurance, has completed a $50 million series...
 

La Banque Postale Plans to Buy French Insurer CNP

Oct 28, 2021 -- PARIS — The banking arm of French mail operator La Poste is planning to buy banking group BPCE's stake in French insurer CNP, the...
 

JKJ Merges with Witherspoon on Scuba and Marine Insurance

Oct 28, 2021 -- Johnson, Kendall & Johnson, an insurance brokerage firm, has merged with Tennessee-based Witherspoon & Associates to offer...
 

Arthur J. Gallagher Acquires Illinois' The VanDyke Group

Oct 27, 2021 -- Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not...
 

Peak6 to Acquire Rapidly Expanding We Insure

Oct 27, 2021 -- Peak6 InsurTech has signed an agreement to acquire Jacksonville-based We Insure Inc., an independent insurance franchise company that has...
 

Risk Strategies Acquires New Jersey's Corrigan Johnston Risk Advisors

Oct 27, 2021 -- Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an...
 

UK-Based Broker KGJ Insurance Is Latest Acquisition for NFP

Oct 27, 2021 -- NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd. KGJ is a commercial...
 

Aston Lark Acquires Birmingham Broker Bainbridge Collins

Oct 27, 2021 -- London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid...
 

Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises

Oct 27, 2021 -- While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a...
 

UK Financial Regulator Raises No Objection to Bain's Acquisition of Insurer LV=

Oct 26, 2021 -- Britain's financial watchdog said on Tuesday it won't stop insurer LV= from proceeding with the disputed sale of its pensions and life...
 

IMA Acquires Parker, Smith & Feek in Washington

Oct 26, 2021 -- IMA Financial Group is acquiring Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest,...
 

Ensurise Acquires Virginia's Gerczak Insurance Agency

Oct 25, 2021 -- Effective October 15, 2021, independent insurance agency Ensurise LLC announced its acquisition of the property/casualty insurance...
 

DNA Testing Firm 23andMe to Expand Into Telehealth With Lemonaid Acquisition

Oct 25, 2021 -- Direct-to-consumer DNA testing firm 23andMe Holding Co. said on Friday it would buy privately held company Lemonaid Health Inc. for $400...
 

Swiss Re-Backed Getsafe Gets German Insurance License, Permitting Europe Expansion

Oct 25, 2021 -- Digital insurer Getsafe has received its insurance license from Germany's financial regulator, BaFin. The license will allow Getsafe to...
 

EXOR Restarts Talks With Insurer Covéa Over Scrapped $9B Sale of PartnerRe: Report

Oct 25, 2021 -- EXOR, the holding company of Italy's Agnelli family, has restarted talks with French insurer Covéa over a possible sale of reinsurer...
 

Berkshire Hathaway to Tender Stake in Italy's Cattolica Under Generali Takeover Offer

Oct 22, 2021 -- MILAN – Warren Buffett's Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a...
 

Fintech Paytm Gets Regulatory Nod for India's Biggest Ever IPO: Source

Oct 22, 2021 -- NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock market...
 

The Hilb Group Acquires Massachusetts' Forrest Insurance Agency

Oct 22, 2021 -- The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout...
 
 
 
 
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