Latin American insurtech Pier raises funds to bolster auto insurance offerings
Latin American insurtech Pier has secured $14.5m in a Series A investment led by Brazilian venture capital firm Monashees. The…
Argo Group wraps up sale of Ariel Re to Pelican Ventures and JC Flowers
Bermuda-based specialty underwriter Argo Group International Holdings has wrapped the sale of its reassurance business Ariel Re to private equity investors Pelican Ventures and JC Flowers. The deal, which was…
World Insurance Associates purchases Flanagan Associates
American full-service insurance brokerage World Insurance Associates (WIA) has snapped up Flanagan Associates for an undisclosed sum. The deal, which took place earlier this month, further bolsters WIA’s evolving footprint…
Aston Lark-backed MGA platform launches and makes first takeover
Goldman Sachs-backed insurance broker Aston Lark has introduced a managing general agent (MGA) platform dubbed Spring Partners. Spring Partners, led by CEO Jeremy Miles and chairman Russell Kilpatrick, aims to…
US insurance industry sees a rise of 29.4% in deal activity in October 2020
The US insurance industry saw a rise of 29.4% in overall deal activity during October 2020, when compared with the last 12-month average, according to GlobalData's deals database. Embed this…
Insurance industry deals in October 2020 total $6.65bn globally
Total insurance industry deals for October 2020 worth $6.65bn were announced globally, according to GlobalData's deals database. Embed this chart Embed this chart into your website Copy and paste the…
Patriot expands to Iowa with PDCM Insurance partnership
US-based Patriot Growth Insurance Services has added full-service insurance agency PDCM Insurance to Patriot platform, expanding its geographic presence into the Iowa marketplace. The partnership with PDCM will also enable…