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NFP acquires Advanced Insurance Consultants in UK
The acquisition will expand NFP’s offerings and client base in the South East region and London.
Chinese insurtech company Leapstack raises $27.8m in Series C+ round
The round was led by Qiming Venture Partners, along with contributions from Soochow Yihe Capital and Legend Capital.
Arthur J Gallagher acquires The Rowley Agency in US
The Rowley Agency is a New Hampshire-based retail insurance broker, catering both commercial and personal lines clients.
Roojai Group acquires Indonesia’s online broker Lifepal
The deal will combine Roojai’s technological expertise with Lifepal’s online distribution presence in Indonesia.
Inigo selects Phinsys to automate finance and accounting
Phinsys will enhance Inigo’s financial reporting accuracy and speed, while enabling it to make informed business decisions.
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Riskonnect acquires risk management company Ventiv Technology
Riskonnect’s current majority investor, TA Associate, provided additional investment capital for the transaction.
UK insurtech company hyperexponential lands $73m Series B investment
The capital injection is expected to facilitate hyperexponential’s plans to establish a New York office this year.
Gallagher expands UK business with MCMM acquisition
MC Mutual Management Services (MCMM) is a key service provider to Education Mutual, a provider of staff absence protection in the UK.
Gallatin Point acquires majority stake in reciprocal insurer TRUE
As part of the deal, Gallatin Point is also investing $1.25bn to facilitate the Trusted Resource Underwriters Exchange’ (TRUE) expansion across the US.
Philippines rolls out insurance cover for key government assets
This National Indemnity Insurance Programme (NIIP) initiative is designed to bolster the country’s financial resilience against disasters such as typhoons and earthquakes.