Insurance Journal
 
 

Insurance Mergers & Moves

 
February 21, 2020
 
 
 

Business Moves & Mergers

 

Massachusetts' J.E.D. Insurance & Financial Service Agency Joins SAN Group

Feb 20, 2020 -- J.E.D. Insurance & Financial Service Agency recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent...
 

Activist Hedge Fund Elliott Investment Builds Stake in Dutch Insurer NN Group

Feb 20, 2020 -- Elliott Investment Management, U.S. billionaire Paul Singer's activist hedge fund firm, has built up a 3.04% stake in Dutch insurer NN...
 

Risk Strategies Acquires Virginia's UNIRISC

Feb 19, 2020 -- Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired UNIRISC Inc., a specialist in the...
 

Renaissance Alliance Insurance Services Adds 3 Agencies to Florida Network

Feb 19, 2020 -- Renaissance Alliance Insurance Services, a nationwide membership alliance for independent insurance agencies, has added three independent...
 

Insurance Office of America Merges with New Jersey's RDA Benefit Services

Feb 18, 2020 -- Insurance Office of America (IOA) has merged with New Jersey-based RDA Benefit Services, owned by Bob and Nancy Damato. The merger became...
 

Arch Re to Buy Majority Stake in Australia's Precision Marketing Asia Pacific

Feb 18, 2020 -- Arch Reinsurance, a wholly owned subsidiary of Bermuda-based Arch Capital Group Ltd., announced it has entered into an agreement in...
 

Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources

Feb 18, 2020 -- Singapore's Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance...
 

HCI Approved by Florida Regulator to Replace Anchor P&C Coverage for 43K Insureds

Feb 18, 2020 -- The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a...
 

AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.

Feb 14, 2020 -- AssuredPartners Inc. has acquired Nevada West Business Insurance Agency Inc. in Las Vegas, Nev. The team of five will remain under the...
 

Boost Raises $14 Million for Its 'White Label' Digital Insurance Platform

Feb 10, 2020 -- Boost Insurance has pulled in a $14 million funding round designed to expand its infrastructure-as-a-service platform designed for the...
 

Comparison Website The Zebra Raises $38.5 Million

Feb 5, 2020 -- Digital personal lines comparison site The Zebra has reported $38.5 million in Series C fundraising. The round was led by Accel and...
 

Online Insurance Broker Policygenius Raises $100M From AXA, Others

Feb 3, 2020 -- Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to grow...
 

Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast

Jan 31, 2020 -- Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number of Insurtech...
 
 
 
 
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