PCF Insurance buys Montalvo Insurance Agency in Texas
PCF Insurance Services, a US-based insurance brokerage, has expanded its portfolio with the acquisition of Montalvo Insurance Agency, a Texas-based…
26 Jul 2024
Gjensidige Forsikring to offload Baltic subsidiary to Ergo
Norwegian insurer Gjensidige Forsikring (Gjensidige) has agreed to divest its Baltic subsidiary, ADB Gjensidige, to ERGO International. The transaction awaits regulatory approvals. Under the agreement, Gjensidige will sell 100% of…
26 Jul 2024
Twelve Capital, Securis agree on merger to create $7.8bn ILS manager
Twelve Capital and Securis Investment Partners, two independent asset managers in the ILS market, have announced plans to merge. While financial details of the transaction were not shared, Twelve Capital…
25 Jul 2024
Indian insurtech company Acko buys OneCare to bolster healthcare offerings
Acko, an Indian insurtech unicorn backed by General Atlantic, has acquired care management company OneCare in an all-cash transaction, reported Moneycontrol. This move is aimed at broadening Acko's healthcare services,…
25 Jul 2024
NFP bolster Irish reach with Barrett Private Insurances purchase
NFP, an international insurance brokerage and consulting services provider, has expanded its footprint in Ireland with the acquisition of Sean Barrett Bloodstock Insurances, trading as Barrett Private Insurances. Dublin-based Barrett…
25 Jul 2024
Optio to buy B2B insurance specialist Den Hartigh Beheer & Exploitatie
Optio Group, a specialist MGA from the UK, has expanded its European footprint with the acquisition of Den Hartigh Beheer & Exploitatie. Financial terms of the transaction were not divulged. …
24 Jul 2024
Applied Systems acquires AI insurtech provider Planck
Applied Systems, a provider of cloud-based insurance technology, has acquired Planck, which offers an AI-driven platform to serve the commercial insurance industry. Financial details of the transaction remain undisclosed. This…