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Wipro, a leading global IT firm based in Bengaluru, India, has acquired a majority stake in US-based Aggne Global, a prominent consulting and managed services firm specialising in insurtech.
Zurich Insurance Group, a prominent Switzerland-based insurer, has received approval from Indian competition regulators for its acquisition of a 70% stake in Kotak Mahindra General Insurance Company (KMGIC).
Ensurise, LLC, a leading independent insurance brokerage, has announced a merger with Risk Cooperative.
RiverStone International has announced the completion of its acquisition of Irish insurance leader, Catalina Insurance Ireland
Hub International Limited (Hub), has officially acquired the assets of Ronald (Ron) Morin, Jr., operating under Morin Insurance Agency. The specific terms of the transaction remain undisclosed.
There has been a flurry of activity in the acquisitions space in the first weeks of 2024. Insurtech Insights looks at the first month of mergers in a buyers market.
Zurich Insurance Group has announced that Viridium Group won’t buy its life legacy business in Germany as planned.
Progressive has rebranded its Protective Insurance – its large fleet commercial line coverage – to Progressive Fleet & Specialty Programs.
Allianz Direct, the European direct business arm of global insurance giant Allianz, has successfully acquired the home insurance business of online insurer Luko.
International broking and consulting firm, NFP, has announced the acquisition of Advanced Insurance Consultants Limited (AIC).
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