Tag: Insurance acquisition news

Aviva to boost presence with £460m acquisition of AIG Life UK

businessnewstoday- September 25, 2023

Aviva plc, a leading insurance provider, has announced its strategic acquisition of AIG Life Limited, commonly known as AIG Life UK, from Corebridge Financial, Inc., ... Read More

Arthur J. Gallagher expands with Hartley Cylke Pacific Insurance acquisition

businessnewstoday- September 25, 2023

Arthur J. Gallagher & Co. has made a strategic move by announcing the acquisition of Hartley Cylke Pacific Insurance Services, Inc., a prominent retail insurance ... Read More

Thinktum acquires Illustrate Inc. to emerge as no-code leader in insuretech

businessnewstoday- September 19, 2023

Waterloo, Ontario-based Thinktum Inc. has announced the acquisition of Illustrate Inc., a company with offices in Overland Park, Kansas, and Toronto, Ontario. This pivotal move ... Read More

Sumitomo Life to acquire Aviva’s stake in Singlife for £800m

businessnewstoday- September 16, 2023

Aviva plc has agreed to sell its 25.9% stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company for a total cash ... Read More

Direct Line Group to sell commercial insurance business to RSA for £520m

businessnewstoday- September 12, 2023

Direct Line Insurance Group has entered into an agreement to sell its brokered commercial insurance business lines to RSA Insurance Limited, a subsidiary of Intact ... Read More

Westland Insurance makes strategic move with Insurance Matters acquisition

businessnewstoday- September 9, 2023

Westland Insurance, a leading independently-owned insurance brokerage in Canada, has acquired Insurance Matters Inc. in a strategic move to solidify its foothold in Saskatchewan. This ... Read More

Intact Financial, RSA to acquire Direct Line’s commercial lines for £520m

businessnewstoday- September 9, 2023

Intact Financial Corporation (TSX: IFC) and its subsidiary RSA have struck a deal to acquire Direct Line Insurance Group's brokered Commercial Lines operations for an ... Read More

One80 Intermediaries acquires GMI Insurance to expand in transportation sector

businessnewstoday- August 29, 2023

One80 Intermediaries, a Boston-based specialty insurance broker, has announced the acquisition of GMI Insurance, a leading Pennsylvania-based Managing General Agent specializing in commercial transportation insurance. ... Read More

Marsh McLennan to acquire Melbourne-based Honan Insurance Group

businessnewstoday- August 21, 2023

Marsh McLennan, the global insurance and risk management powerhouse, has made a landmark announcement regarding its intention to acquire Honan Insurance Group Pty Ltd. A ... Read More

Inszone Insurance amplifies Texas operations with Speck Insurance buyout

businessnewstoday- August 8, 2023

Inszone Insurance Services, a renowned American insurance provider specializing in benefits, personal, and commercial lines, has concluded its acquisition of Speck Insurance and Financial Services ... Read More