SelectQuote shares plunge after dismal earnings report and gloomy forecast
SelectQuote, Inc., a publicly traded insurance distribution company, has seen a dramatic collapse in its share price following a grim financial forecast. The stock plunged ... Read More
Infosys becomes consulting alliance member of Guidewire PartnerConnect
Guidewire Software, an American insurtech company, has selected Infosys as a consulting alliance member of its Guidewire PartnerConnect program at the select level for the ... Read More
Thoma Bravo to acquire US insurtech Majesco for higher price of $729m
Majesco, which provides cloud insurance software solutions, has been offered a sweetened price of $729 million for its takeover by private equity firm Thoma Bravo. ... Read More
Third Point Re to acquire rival reinsurer Sirius Group for $788m
Third Point Re, Sirius merger : Bermuda-based specialty property and casualty reinsurer Third Point Reinsurance (Third Point Re) has signed a cash cum stock deal ... Read More
Indian Express acquires insurance web aggregator MyInsuranceClub
MyInsuranceClub, an Indian insurance web aggregator, has been acquired by the Indian Express Group, the owner of various newspapers in India, for an undisclosed sum. ... Read More
Thoma Bravo to acquire insurtech company Majesco for $594m
Thoma Bravo acquisition of Majesco : Private equity firm Thoma Bravo has signed a $594 million deal to acquire US insurtech company Majesco, which claims ... Read More
Amynta Group acquires Indiana-based Pivotal Solutions
Amynta Group, a New York-based warranty company, has acquired Indiana-based Pivotal Solutions for an undisclosed price as per the latest insurance acquisition news. Headquartered in ... Read More
Hilb Group acquires Eldredge & Lumpkin Insurance Agency in Massachusetts
The Hilb Group (THG), a US middle market insurance agency, has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency (E&L) for an undisclosed price, as per ... Read More
Direct Line Group to acquire UK digital insurance start-up Brolly
Direct Line Group, a UK motor and home insurer, has agreed to acquire Brolly, a London-based digital insurance start-up that offers flexible, customized insurance products, ... Read More
AssuredPartners acquires New York-based ENV Insurance Agency
US insurance brokerage firm AssuredPartners has acquired ENV Insurance Agency based in Liverpool, New York, for an undisclosed price. ENV Insurance Agency, which was founded ... Read More