Skyward Specialty Insurance Group buys Aegis Surety from K2 Insurance
US-based property and casualty insurer Skyward Specialty Insurance Group has acquired Aegis Surety from K2 Insurance Services. Simultaneously, the company…
Sixth Street signs deal to acquire life insurance firm Talcott Resolution for $2bn
US-based investment firm Sixth Street Partners has signed a definitive agreement to acquire Talcott Resolution Life Insurance Company for $2bn. Sixth Street will acquire the company from a consortium of…
21 Jan 2021
Parametric insurtech platform Arbol raises funds to expand footprint
Parametric insurtech platform Arbol has raised around $7m in its Series A fundraising round, increasing its valuation from the initial seed round. The round was participated by the company’s all…
20 Jan 2021
TowerBrook, Further Global to buy ProSight Global in $586m deal
New Jersey-based specialty Insurer ProSight Global is set to be acquired by investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management in a deal valued…
18 Jan 2021
15 Jan 2021
AmeriLife continues buying spree with Senior Market Advisors deal
AmeriLife Group has taken over Senior Market Advisors (SMA), a field marketing organisation (FMO) in the insurance space, for an undisclosed sum. The deal will enable the firms to better serve their…
15 Jan 2021
American Family scoops up commercial insurtech Bold Penguin
Wisconsin-based American Family Insurance Mutual Holding Company has acquired commercial insurtech company Bold Penguin for an undisclosed sum. Ohio-based, Bold Penguin specialises in small business insurance. The company’s digital exchange…
15 Jan 2021
Insurance start-up Convex secures $500m funding from Sixth Street
Specialty insurance and reinsurance company Convex has secured $500m in committed preferred equity capital from affiliates of investment firm Sixth Street. The investment comes on the heels of Convex’s recent…
15 Jan 2021