INSURASALES

Tag: Mergers and Acquisitions

Verisk to Acquire AccuLynx for $2.35B, Enhancing Insurance Claims Tech Ecosystem

Verisk's $2.35B acquisition of AccuLynx strengthens its property insurance claims ecosystem by integrating contractor SaaS workflows and enhancing data-driven restoration services.

Verisk to Acquire AccuLynx for $2.35B, Enhancing Residential Insurance Analytics

Verisk is acquiring AccuLynx for $2.35 billion to strengthen its role in residential insurance analytics, aiming to streamline claims and reduce costs amid rising roofing repair expenses. The deal supports Verisk's growth strategy in the property and casualty market.

AM Best Affirms Direct General Life Insurance Ratings After Nationwide Acquisition

AM Best affirms Direct General Life Insurance Company's credit ratings post-acquisition by Nationwide Mutual, highlighting strong balance sheet and stable outlook.

King Risk Partners Expands with Acquisition of Cummings Insurance Agency in SC

King Risk Partners acquires Cummings Insurance Agency in South Carolina, expanding its presence in agricultural and equestrian insurance sectors as part of its regional growth strategy.

Trucordia Expands US Footprint with Vegas Valley Benefit Plans Acquisition

Trucordia broadens its U.S. market reach by acquiring Vegas Valley Benefit Plans, enhancing its employee benefits offerings in the southwestern region.

Winged Keel Expands National Presence with MBW Group Acquisition and Minneapolis Office

Winged Keel Group expands nationally by acquiring MBW Group and opening a new Minneapolis office, enhancing life insurance solutions for high-net-worth clients.

BNP Paribas Finalizes €5.1 Billion Acquisition of AXA Investment Managers

BNP Paribas completed the €5.1 billion acquisition of AXA Investment Managers, enhancing its asset management and ETF platform with over €1.5 trillion AUM leveraging the Danish Compromise for capital efficiency.

Sixth Street Completes $5.1B Acquisition of Enstar Group

Sixth Street finalizes $5.1 billion acquisition of Enstar Group, marking a transition to private ownership and Nasdaq delisting, impacting the reinsurance market dynamics.

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Global Indemnity Appoints Jason Murgio to Board to Drive Growth

Global Indemnity Group appoints Jason C. Murgio to its Board, emphasizing growth and innovation in insurance mergers and acquisitions. Murgio's experience will support GBLI's strategic direction.