Davies acquires managing agent Asta
Specialist professional services and technology business Davies has bought Asta, the third party managing agent at Lloyd's. Asta provided a number of solutions to Lloyd's and non-Lloyd's business across the…
Deals
Goldman Sachs-backed auto insurance marketplace DealerPolicy raises $110m
US-based insurance marketplace for automotive retail industry DealerPolicy has raised $110m in Series C funding…
European Commission gives nod to Aon-WTW merger
The European Commission has approved Aon’s proposed acquisition of Willis Towers Watson (WTW) in a deal valued at approximately $35bn.…
Intact, Tryg to sell Codan Forsikring to Alm. Brand for $2.52bn
Intact Financial and Tryg have finalised an agreement to divest their jointly-owned ventured Codan Forsikring to Alm. Brand. The deal…
Accelerant purchases farm insurer Agribusiness Risk Underwriters
American insurtech Accelerant has acquired Agribusiness Risk Underwriters (ARU) for an undisclosed sum. ARU focuses on poultry farm insurance product…
Aston Lark purchases Brady Burns & Associates in Ireland
Aston Lark Ireland has continued its acquisition spree with the acquisition of Veritan Consultants, which trades as Brady Burns &…
Davies snaps up Grovelands
Professional services and technology business Davies has announced its acquisition of resourcing and consultancy firm Grovelands. Grovelands will be incorporated into Davies Resourcing and form part of Davies; existing Consulting…
Car insurance start-up Clearcover rakes in $200m to bolster offerings
Clearcover, a US-based insurtech company focused on providing car insurance solutions, has raised $200m in a Series D funding round to strengthen its digital insurance offerings. Existing investors American Family…
Aston Lark acquires motor trade specialist DNA Insurance
Aston Lark, a chartered insurance broker backed by Goldman Sachs, has acquired motor trade specialist DNA Insurance Services to further fortify its motor trade expertise. Financial terms of the deal…
Utmost Group to acquire Quilter International
Utmost Group is set to acquire Quilter International from Quilter plc for £483m ($665m). Quilter International will become part of Utmost International, the international life assurance business of Utmost Group.…
Allstate retreats from life and annuity segments by divesting ALNY to Wilton Re
Allstate has agreed to sell Allstate Life Insurance Company of New York (ALNY) to Wilton Re for $220m, marking its complete exit from life and annuity segments. This follows the…
© Copyright Verdict Media Limited 2021
Powered by 