M&A – Page 22
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NewsGlobal insurtech funding for Q1 2022 hits $2.2bn – Gallagher Re
Q1 2022 saw the highest ever-recorded participation of early-stage investment
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NewsAviva inks deal with Tractable to ‘overhaul’ UK motor claims accuracy
The deal also supports Aviva’s net zero 2040 target
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NewsCytora partners with insurer to streamline global risk intake
The partnership is intended to lead to a better and faster service for brokers and clients
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NewsHandl Group buys IPRS Group
Chief executive describes the acquisition as ’a significant growth opportunity’
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NewsBlink Parametric teams up with travel insurtech
The pair share a similar ethos around ’intuitive, simple insurance product design’
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NewsGRP’s County Group expands Welsh portfolio
County’s chief executive says the firm is looking to expand its market presence in Wales and the Northwest
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NewsSBS Insurance Services snaps up claims services provider
The firm hopes combining businesses will integrate flooring and furniture into ‘one seamless claims journey’
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NewsJMG Group takes joint ownership of Scottish broker
Chief executive Nick Houghton sought the move after being ‘impressed’ by the firm’s brokerage and growth
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NewsNeedham Insurance Services scoops Sheffield based broker
The firm’s new 2025 target turnover is over £20m GWP
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NewsHowden bags specialist mortgage broker
The deal aims to enhance the firm’s regional offering, building on its long-standing trading relationship
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NewsIrish-owned ReSure bought by US-headquartered broker
ReSure’s managing director says it has found a ’likeminded partner with shared values’
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NewsInsurerCore joins forces with US-based platform to create all-in-one marketplace
InsurerCore’s founder and chief executive says he is ’thrilled by the competitive advantage’ it will bring to customers
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NewsJM Glendinning Group bags former Gauntlet Group network member
Joining the group will see the insurance broker and risk management firm obtain a ‘greater market strength’, says chief executive
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NewsPrevisico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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NewsPartners& expands national footprint with new broker buy
Partnering with the business sets the ‘foundation stone’ of the broker’s strategic plans in Scotland, says chief executive
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NewsPIB Group snaps up specialist independent Lloyd’s broker
The broker’s ‘deep understanding’ of the Israeli and London market made it a ‘key differentiator’, says chief executive
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NewsPIB Group signs acquisition deal with health and safety consultancy
The newly acquired team will work closely with the group to invigorate its risk management business
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IT InterviewPIB targets M&A in Europe because it is ‘just running out of opportunities in the UK’
Although not aiming for world domination, PIB Group does want to ‘build a volume business right across Europe’, says chief executive
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NewsGallagher Bassett buys Essex-based third-party claims administrator
The acquisition allows the third-party administrator to ‘strengthen the business’ and create opportunities
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NewsDavies buys regulatory technology supplier
The ’growing complexity in the UK regulatory market’ is a burden for businesses, says Davies chief exec
