Western and Southern acquires Fabric

January 12
The lowdown: Western & Southern is a life insurance carrier whose brands include Gerber Life. Fabric is a technology platform and digital agency that targets new parents with a digital experience.

What they said: “This highly innovative company and its entrepreneurial spirit are an excellent fit for Western & Southern, which has always been dedicated to offering tailored and straightforward financial solutions for our clients. Together, we continue our common mission of providing financial security to the middle market using a unique, fully-digital experience.” – John F. Barrett, president, CEO and chairman of the board for Western & Southern.


Ethos acquires Tomorrow

January 13
The lowdown: Ethos is an all-digital provider of term life insurance. Tomorrow provides a platform for producing wills and other documents.

What they said: “Tomorrow's goal of creating a fast, easy, and transparent way for people to secure their financial future and protect their families is directly in line with Ethos' goal of protecting the next million families. We were impressed by the team's customer focus and product platform - having digitized a traditionally slow, paper process - and we're excited to have the Tomorrow team join us.” – Peter Colis, co-founder and CEO, Ethos


Super acquires Platinum

February 10
The lowdown: Super provides subscription home-care programs using digital to link third-party service providers to homeowners that need repairs. Platinum provides a similar service, but has its own in-house technicions

What they said: “The addition of Platinum boosts our value to customers, strengthens our competitive differentiation, and better positions us to meet our long-term financial goals.” – Nilanshu Raja, CFO, Super


Travelers acquires Trov

February 23
The lowdown: Travelers is a top-10 multiline insurer. Trov, one of the earliest self-identified insurtechs, provides a platform for insuring smaller items of value on an individual basis.

What they said: “We're excited about the important innovation we have underway, and Trov's sophisticated technology and talented team will help accelerate our ongoing efforts to provide customers with personalized solutions in their channel of choice.” – Michael Klein, president of personal insurance, Travelers


Otonomo acquires The Floow

February 28
The lowdown: Otonomo is a platform for automotive data from fleets, service providers, automakers and more. The Floow provides insurance telematics technology.

What they said: “Otonomo adds considerable data science heft to the Floow’s robust insurtech telematics technology. Their combined offering will strengthen our position for the tidal wave of innovation coming in the auto insurance space.” – Joachim Mathe, Head of Global Consulting, Munich Re (a The Floow partner)


Hub International and Bold Penguin acquire Insureon

March 1
The lowdown: Hub, a full-service insurance broker; and Bold Penguin, a tech platform for brokers and agents, pick up Insureon and its customer base of small to midsize businesses.

What they said: “The addition of Insureon and our partnership with Bold Penguin – leaders in insurtech innovation – not only strengthens our unique market position but accelerates our digital capabilities. The one constant in our ever-changing climate is that customers want choice. We are positioned to deliver omnichannel solutions that will continue to evolve and keep pace with our client’s needs.” – Marc Cohen, president and CEO, Hub

FRISS acquires Polonious Insurance Investigations

March 7
The lowdown: FRISS makes fraud, risk and compliance software for insurance companies. Polonius adds capabilities around special investigations and case management.

What they said: ““It is a key element of our mission to fight fraud by closing the loop between departments. With Polonious we add a vast amount of features and data to our already sophisticated AI-powered fraud analytics platform.” – Jeroen Morrenhof, co-founder and CEO, FRISS.


SE2 acquires Breathe Life

March 28
The lowdown: SE2 is a life and annuities technology platform for product management and service. In buying Breathe Life, it gains distribution and customer engagement components.

What they said: “Breathe Life’s dynamic cloud-based offerings and entrepreneurial culture complement what we have been building.” Mark Schultis, CEO, SE2.