Insurance Times rounds up the top five stories making headlines across the market from 26 to 30 October 2026
Starting off the week, AmTrust International acquired Wakam as it looks to expand its specialty insurance operations across Europe and the UK.
The transaction includes Wakam SA and Wakam UK, with the wider business employing more than 230 people.
Then, Guidewire agreed to acquire London-based insurance technology firm hyperexponential in a deal worth up to $2.1bn (£1.6bn).
Under the definitive agreement, Guidewire will pay a base price of $1.7bn (£1.28bn) in cash, subject to adjustments, with up to a further $400m (£300m) payable depending on hyperexponential achieving specified recurring revenue targets.
After that, Ardonagh announced it is adopting the Orvia Underwriting brand across its suite of MGA businesses and has appointed ex-Acrisure leader Mark McIlquham to help lead the operation.
Following this, Minority Broker Partnerships (MBP) acquired a minority stake in independent agricultural and rural insurance broker Caleb Roberts Insurance Services.
MBP, chaired by insurance entrepreneur Peter Cullum and led by chief executive James McCaffrey, will support Caleb Roberts as it looks to grow its £32m gross written premium (GWP) business over the next three years.
Finally, the insurance industry responded to John Healey delivering his first Budget as chancellor.
The new Budget aims to ease costs for households and businesses, as well as encourage investment in the UK.
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