Europe
Marsh & McLennan buys UK insurance firm JLT in $5.6bn deal
FTSE 250 insurance firm JLT has accepted a $5.6bn (£4.3bn) takeover offer from US financial services giant Marsh & McLennan.
Shares in JLT, which employs more than 4,000 people in the UK, soared 32 per cent in early trading on...
Insurance
Applied Systems and Indio Technologies lift lid on acquisition
Applied Systems, the world’s largest provider of insurance agency and brokerage management systems (AMS/BMS), has entered into a definitive agreement to acquire Indio Technologies, a US-based technology solution for the insurance application and renewal process.
The acquisition will help Applied...
Insurance
Insurtech firm Wefox gets extra $110 million to drive growth
German insurance technology firm Wefox said on it had attracted an additional $110 million of investment in its second funding round, bringing the total amount of money raised this year to invest in its expansion to $235 million.
The follow-on...
Insurance
Hollard Partners Vivo Energy To Offer Insurance Services At Shell Fuel Stations
Ghanaians can now access insurance services at Shell fuel stations as a result of a new partnership between Hollard Insurance and oil marketing company, Vivo Energy.
According to the Group CEO of Hollard Ghana, Patience Akyianu, the new partnership, dubbed...
Insurance
Zurich Insurance introduces new cyber insurance for manufacturers
Zurich Insurance has extended its cyber insurance coverage to the manufacturing industry, in response to the growing threats posed to the US industrial firms in terms of breaches, ransomware and other cyber events.
Zurich Insurance stated that it had been...
Americas
Relation Insurance acquires brokerage firm S.T. Good Insurance
S.T. Good Insurance offers commercial insurance, home and auto insurance, marine insurance, life insurance, aviation insurance and group health insurance products to middle-market clients
Relation Insurance Services, a California-based insurance brokerage firm, has acquired S.T. Good Insurance, for an undisclosed...
Company Statements
iPipeline and Atidot Partner to Mine In-Force Data for Life and Annuity Sales
iPipeline – a leading provider of cloud-based software solutions for the life insurance and financial services industry announced an exclusive partnership with Atidot, a Gartner “Cool Vendor” insurtech company empowering the life insurance industry with big data and predictive...
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