Acquiree Archives

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USAA partnered with Trust & Will Wrisk partnered with Mazda Motor Europe K2 Insurance Services partnered with QBE North America Simply Business partnered with Allianz UK SkyWatch partnered with Bees360 Sedgwick picks Octo Telematics in Claims Verisk picks Truepic in Claims Marsh picks Kirontech in Claims Lockton picks VIPR in Admin EigenRisk picks Property Guardian in Underwriting Fairfax Financial Holdings raised $750M Chubb raised $574.2M Brown & Brown raised $500M Honeycomb Insurance raised $40M Digit Insurance raised $10.45M

Sedgwick launches AI-powered claims ecosystem

By Shefi Ben-Hutta

Sedgwick provides claims, loss adjusting, benefits administration, and product recall services to more than 10,000 clients in 80 countries through a workforce of over 33,000 employees.

Financials

Progressive reports 90.9% CR for March

By Avi Ben-Hutta ·

The company reported net income of $522 million.

Business

Markel to acquire The MECO Group

By Coverager ·

MECO is a specialist marine managing general agent based out of London, Dubai and Shanghai.

Member News

Lessons Learned from The Innovation Foundation at OSU’s Failed Governance

By Robin Roberson ·

At the heart of The Innovation Foundation at Oklahoma State University case was a failure to establish and enforce a comprehensive governance and accountability program, including a clear Delegation of Authority (DOA) framework.

Strategy

HONK names Buck Teal EVP

By Coverager ·

Buck holds an MBA from the University of San Francisco and a B.S. in Finance from the University of Colorado, Boulder.

Technology

Insubuy marks 25 years as a travel insurance marketplace

By Shefi Ben-Hutta ·

Key milestones include launching one of the first online travel medical insurance platforms in 2002.

Investments

VIG acquires stake in Polish broker Phinance

By Shefi Ben-Hutta ·

The acquisition was approved by Poland’s Office for Competition and Consumer Protection (UOKiK).

Business

SiriusPoint announces new collaboration with Irwin Siegel Agency

By Coverager ·

SiriusPoint will collaborate with ISA on the launch of a new Casualty and Excess program.

Business

Ardonagh Advisory acquires Liverpool based ALP Holdings

By Shefi Ben-Hutta ·

The Ardonagh Group is a top 20 global broker.

Strategy

Tune Protect launches ticket refund insurance with Ticket2U

By Shefi Ben-Hutta ·

An optional Sports Personal Accident add-on is also available for those participating in sporting events.

Investments

Octane closes $700 million forward-flow deal

By Coverager ·

The proceeds of this deal will support Octane’s continued momentum.

Business

Munich Re Digital Partners names new head

By Coverager ·

Prosiegel joined Munich Re in 2014.

Member News

Insly achieves ISO/IEC 27001 and ISO/IEC 27017 certifications

By Hammad Mirza ·

Insly, the low-code software provider to the insurance industry, has been awarded both ISO/IEC 27001 and ISO/IEC 27017 certifications, demonstrating the company’s commitment to security across its operations.

Business

MassMutual collaborates with Benefit Harbor

By Coverager ·

This collaboration brings a streamlined, user-friendly solution for offering group whole life insurance.

Member News

Flatten Your Onboarding with AgentSync Manage and Onboarding Portals

By AgentSync ·

Onboarding and producer license applications are frequently an opportunity for dropped business and lost producers, even after a long and hard-won recruitment process.

Investments

Marshmallow raises $90 million

By Shefi Ben-Hutta ·

It reported a £1.7 million profit in 2023.

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Featured Jobs

Go-To Market Manager, Ecosystem

USAA

General Manager - Product Strategy & Performance

Acuity Insurance

Senior Performance Marketing Specialist

Fortegra

Member News

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

Shadow Accounting in Insurance Compensation

By Vertafore ·

Sircon Compensation recognized for helping carriers turn agent compensation into a competitive advantage

By Vertafore ·

How Carriers Can Help AI Pilots Take Off

By Vertafore ·

Vertafore earns fourth consecutive Excellence in Customer Service Award

By Vertafore ·

The Last Mile of Claims: Why Correspondence is Structurally Harder Than Summarization

By Yo Sub Kwon, Voltaire ·

Applied Systems Honored with Four Stevie® Awards in 2026 American Business Awards®

By Taylor Rhodes, Applied Systems ·

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