M&A
Neptune Flood Acquires Parametric Quake Insurance Broker Jumpstart
Digital flood insurance provider Neptune Flood has acquired Jumpstart Insurance Solutions, a parametric InsurTech broker that offers parametric earthquake policies. Terms were not disclosed. ...
The Global Construction Industry’s Climate Change Responses Could Drive New Opportunities: Marsh
Climate change and the race to net zero greenhouse gas emissions are arguably the greatest challenges that face the construction industry — but they will drive new opportunities, according to a ...
State Auto Shareholders Back Liberty Mutual’s $1B Acquisition Plan
Shareholders at State Auto Group voted overwhelmingly to approve Liberty Mutual Holding Company's $1 billion plan to buy the company. The Ohio-based super-regional insurance holding company said the ...
Insurer M&A Activity Up — But Not for P/C Sector
Most insurance sectors saw an increase in merger and acquisition activity in the first half of 2021, according to Deloitte's latest Midyear Insurance M&A Outlook. The number of M&A deals is ...
Moody’s Closes $2B Acquisition of Cat Modeler RMS
Moody's Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm. In the transaction, originally announced on August 5, 2021. ...
InsurTech Five Sigma Raises $12M for Cloud-Based Claims Platform Expansion
Israel's Five Sigma raised $12 million to accelerate growth and expansion of its cloud-based claims platform. The investment firm 83North led the Series A round, which also included existing ...
Willis Towers Watson’s Incoming CEO Reports $5 Billion Available for Possible M&A
Willis Towers Watson has around $5 billion of capital which could used for acquisitions, its president and incoming chief executive said on Thursday, as the insurance broker prepares for a future as ...
Why M&A Is Booming in the P/C Insurance Space
Now that the dust is settling after an unpredictable and historically challenging period, insurers are going on the offensive by pursuing innovation, building out core capabilities and aggressively ...