Private equity firm Thomas H Lee Partners (THL) has agreed to buy insurance software house Sword Insurance for an undisclosed sum.
The transaction is expected to close next month.
“THL will support us in realising our vision to support a greater portion of our customers’ complex technology needs as we strive to become a top-five global technology vendor," said Steve Hauck, co-chief executive of Sword Insurance, in a statement.
THL managing director Charles Brizius added: “We believe that there is an enormous market opportunity available through continued investment in customer service and expanded product solutions to meet insurance carriers’ evolving technology needs.”
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
No comments yet