All articles by Shivam Mishra
Shivam Mishra
Dai-ichi’s US unit Protective to acquire ShelterPoint
ShelterPoint offers statutory disability, paid family leave and medical gap insurance solutions, among others.
GeoVera to merge insurance carriers and sell MGA business to SageSure
The deal will see the formation of GeoVera Nova, which will take control of four insurance operating subsidiaries.
Novidea garners another $30m in Series C funding
Novidea will utilise the new capital for supporting organic and inorganic growth, and accelerating product innovation.
US insurtech company Lemonade brings homeowners insurance to France
Lemonade’s homeowners policy includes standard coverage options and a range of add-ons for comprehensive protection.
Antares sets up credit and political risk insurance consortium
The consortium’s initial capacity is set at $40m (£31.66m), with Antares contributing a 75% share.
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Jensten closes purchase of Scrutton Bland Insurance Brokers
The acquired company caters to a diverse range of clients, with a focus on commercial property.
Insurance software provider Sapiens weighs sale
Sapiens, which has a market value of nearly $2bn (NIS7.43bn), may attract private equity companies, among other prospective purchasers.
World Insurance Associates acquires New Jersey’s JBL Trinity
JBL Trinity offers a range of insurance products including auto, home and business insurance.
Arch Insurance seals $1.4bn deal to buy Allianz’s US assets
The deal involves the sale of the US MidCorp and entertainment insurance businesses, along with select specialty insurance programmes.
The Standard finalises purchase of Elevance’s life and disability unit
The Standard and Elevance Health have also formed a ten-year distribution partnership.