AXA and Athora scrap €660m German closed life portfolio deal
AXA and Athora have mutually agreed to terminate their agreement regarding the sale of a closed life and pensions portfolio,…
03 May 2024
Marsh McLennan Agency acquires ACRM to enhance commercial lines offerings
The Marsh McLennan Agency, a subsidiary of the global insurance broking and risk advisory services provider Marsh, has announced the acquisition of AC Risk Management (ACRM). The financial terms of…
02 May 2024
Neptune Flood acquires data science company Charles River Data
Neptune Flood, a US-based insurtech company, has announced the acquisition of Charles River Data, a data science consulting group, for an undisclosed sum. The acquisition is expected to enhance Neptune's…
01 May 2024
Arbol raises $60m in Series B round to enhance climate risk insurance
Arbol, a US-based parametric insurtech company, has secured $60m in its Series B funding round co-led by Giant Ventures and Opera Tech Ventures, with additional funds from Mubadala Capital. Arbol…
30 Apr 2024
UK insurtech company Urban Jungle garners £11.2m funding
Urban Jungle, a UK-based insurance technology start-up, has secured £11.2m ($14.05m) in funding to bolster its home insurance business. The latest funding round was led by existing Urban Jungle investors…
30 Apr 2024
MIB Group to acquire underwriting service provider RiskRighter
MIB Group, a provider of data-driven risk management and digital services for the life insurance industry, has announced the acquisition of underwriting services company RiskRighter. Massachusetts, US-based MIB is acquiring…
26 Apr 2024
ALKEME enhances Midwest operations with Ralph Weiner & Associates acquisition
ALKEME, a US insurance broker, has announced the acquisition of Ralph Weiner & Associates to broaden its service offerings and strengthen presence in the US Midwest. The financial terms of…