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The Competition Authority of Kenya (CAK) has approved the proposed acquisition of a 51% shareholding in Monarch Insurance by a consortium of three firms: Ondoba, Kenyoro, and Equico Thirteen.
DUAL UK, the specialist underwriting arm of Howden Group, has announced its acquisition of International Passenger Protection (IPP) in both the UK and Malta, pending regulatory approval.
Rising Edge Ltd has announced an agreement to acquire AMANIKI GmbH, a move that will enable the company to launch a suite of Transactional Liability insurance products.
Inszone Insurance Services, which recently acquired Keith Williams Insurance Agency in Texas, has once again expanded its portfolio by acquiring A&B Insurance Agency in Marin County, California.
PCF Insurance Services has announced the completion of the acquisition of 360 Insurance, a Nevada-based insurer.
Allstate has announced its decision to sell its Employer Voluntary Benefits business to The Standard for $2 billion in cash. The move is part of Allstate’s broader strategy to streamline its operations and focus on core business areas
HUB International, the global insurance brokerage and financial services firm, has announced it has completed the acquisition of Clark 401K. The terms of the deal were not disclosed.
Howden has completed the acquisition of Health and Life Insurance broker Help Me Compare Group (which trades as ActiveQuote) and its subsidiaries, boosting Howden’s position in the UK market.
Hub International Limited, a global brokerage and financial services firm, has completed the acquisition of Pennsylvania-based Insurance Management Company (IMC). The terms of the deal were not disclosed.
King Insurance Partners has announced the acquisition of Lincoln Insurance Group, an independent insurance agency based in McDonough, Georgia. The acquisition aims to expand King Insurance Partners’ service offerings and strengthen its market presence.
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