Industry News
Industry News
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Markel sells reinsurance renewal rights to Nationwide and more insurance news.
August 4 -
Nationwide purchases Allstate Stop Loss for $1.25 billion and Munich Re acquires Next Insurance for $2.6 billion, plus more news.
July 9 -
Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.
July 8 -
Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm.
July 3 -
Shikha Khetrapal, formerly COO of Vantage Insurance Partners, an insurance industry investor, spoke with Digital Insurance about hurdles that large insurance companies, investors and private equity firms encounter when integrating their acquisitions in the industry.
June 30 -
Cincinnati-based First Financial scooped up Westfield Bank near Cleveland after Westfield's parent company decided to exit the bank space and focus on its core insurance business.
June 24 -
Peter McMurtrie, partner in West Monroe's insurance practice, discusses broker M&A.
June 22 -
There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.
June 12 -
Brown & Brown to acquire Accession for $9.8B and bolttech's $147 million Series C funding plus more insurance news.
June 10 -
Travelers Canada acquired by Definity for $2.4 billion and Nearmap to acquire itel, plus more insurtech news.
May 28 -
Sarah Kim, a partner at Centana Growth Partners speaks about the current M&A landscape and the future of technology in the insurance industry.
May 12 -
Clearwater Analytics acquires Beacon; Earnix buys Gen AI provider, plus more insurtech news.
May 5 -
Insurance needs to move from value chains to ecosystems capable of maximizing value for a customer.
April 30 -
There were about 57 funding events in the insurtech sector in March, according to a review by Digital Insurance.
April 7 -
The Standard completes the acquisition of Allstate's employer voluntary benefits business for $2 billion, plus more insurtech news.
April 6 -
The Fitzgerald-based Colony Bankcorp agreed to pay $3.5 million to purchase an agency in Monroe, Georgia. The deal signals the potential return of more banks buying insurers than selling them.
April 4 -
Publicly traded lenders, including UWM, Rocket Mortgage and Guild Mortgage, saw personnel expenses increase significantly throughout last year.
April 2 -
Economic conditions, hiring and the quality of startup insurtechs may also affect M&A activity in the insurance industry, according to a partner at Clyde & Co., a law firm that reports on insurance industry growth.
March 31 -
The Nationwide Agency Forward survey suggests mid-market business owners are concerned about economic and financial risks, regulatory changes, technological disruption and workforce shortages.
March 26 -
Ergo, the primary insurance business of Munich Re has announced the acquisition of Next Insurance for $2.6 billion.
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