Topic
Insurance M&A
622 stories · tracked since Aug 6, 2024 · latest Nov 7, 2026
Insurance M&A is one company buying another across insurers, brokers, agencies and insurance technology firms. Deals range from small agency purchases to carrier takeovers, and increasingly include software vendors.
How an insurance acquisition actually works
A buyer acquires a target's shares or assets for cash, stock or a mix, usually after due diligence, and with regulatory approval where a licensed carrier changes hands. The parties are the acquirer, the sellers, often a private equity sponsor, and the regulators who review change of control. Terms a reader will meet include tuck-in, a small agency folded into a larger broker; book of business, the policies and client relationships being bought; and run-off, a closed portfolio of legacy liabilities.
Why buyers pay and where deals go wrong
Insurance rewards scale, data and distribution, so buyers pay for client relationships, underwriting skill or technology that would take years to build. Succession is a steady driver, since founders of independent agencies often sell rather than wind down. The hard parts are valuing long-tail liabilities, keeping producers and clients after the sale because the asset is largely people, integrating old systems, and clearing regulators when a balance-sheet carrier is involved.
What the activity looks like in this archive
Much of the volume is broker consolidation: large brokers and roll-ups such as Gallagher, NFP, Aon and Inszone keep buying regional agencies, often on succession grounds. Alongside that, reinsurers and large carriers buy specialty and cyber underwriters, as with Munich Re and At-Bay or Zurich and Beazley. A newer thread is software, where technology vendors and private equity-backed platforms buy core-system and data providers. These deals keep landing in AI and automation, cyber, and claims and underwriting.
Three kinds of deal that get lumped together
Distribution deals buy clients and producers, and are valued on retained relationships. Carrier and underwriting deals buy risk appetite, capital and licences, so regulators and rating agencies take an interest. Technology deals buy platforms, data or software, and the logic is usually capability rather than premium. A minority investment in a startup is not an acquisition at all and belongs with funding, though outlets often report both in the same language.
Written by Insurtech Daily from the coverage below.
Most active here
Often alongside
Reported by
Insurance Journal, Coverager, Insurance Business, Reinsurance News, Insurtech Insights, FinTech Global, Carrier Management, Insurance Business UK, Beinsure, theinsurer.com
Coverage
-
Automation Anywhere to acquire Boost.ai
The deal follows Automation Anywhere’s acquisition of Aisera in late 2025, which added AI tools for employee support and enterprise knowledge.
-
Sierra acquires browser automation company Anon
Financial terms were not disclosed.
-
Confie acquires the insurance operations of Texas Dow Employees Credit Union
The acquired operations will join InsureOne.
-
New Partnerships at Hippo, Donegal, Mitchell
Hippo Holdings Inc. announced a strategic partnership with the Innovations segment of Greenlight Capital Re Ltd. that connects opportunities to invest in emerging managing general agents with carrier and reinsurance…
-
Confie Acquires Insurance Operations of TDECU
Confie has acquired the insurance operations of TDECU (Texas Dow Employees Credit Union), one of the largest credit unions in Texas. As part of the transaction, Confie has entered into a long-term service agreement with…
-
Martin buys Adaptify to add AI across insurance product lifecycle
-
Martin Acquires Adaptify to Expand Insurance Product Lifecycle Technology
-
Martin Acquires Adaptify to Expand Insurance Product Lifecycle Technology
-
SSP UK & Ireland acquires IS2 in insurance software push
-
EPIC acquires century-old LA boutique to anchor Southwest HNW push
Randall Insurance brings 104 years of Southern California relationships into EPIC’s growing Private Client practice
-
RiverStone International enters into $325m LPT with Clear Spring
Global legacy acquirer RiverStone International has entered into a loss portfolio transfer (LPT) with Clear Spring Property and Casualty Company, a subsidiary of Delaware Life Insurance, covering approximately $325…
-
Financial results round-up: Palomar, Safety, HCI, Primerica, Root, Genworth, Clover
Seven insurers report Q3 2026 results as specialty premiums climb and acquisition timelines draw closer
-
SSP UK & Ireland buys IS2 in insurance software push
-
Paperclip acquires Apis Productions to expand insurtech platform and insurance distribution
-
Insurity Challenges the P&C Insurance Industry to Rethink Who Owns AI as Core Platforms Race to Acquire It
-
Amdocs Enters Insurance With $340 Million EIS Acquisition
-
Inszone acquires Whitman & Samuelson Insurance Services
Whitman and his team will join Inszone, with clients gaining access to its insurance markets, technology and back-office support.
-
Amdocs acquires insurance tech provider EIS for USD 340 mln
-
Deals: Vencora Buys CT Insurtech -
-
Amdocs (NASDAQ: DOX) acquires EIS for $340 mn to enter AI insurance technology market
-
Insurance Technology Firm Paperclip Acquires Apis Productions
-
Insurance Technology Firm Paperclip Acquires Apis Productions
Paperclip, Inc., a New Jersey-based insurance technology company, announced that it has completed the acquisition of Apis Productions, LLC. Apis provides technology for the insurance industry including websites and…
-
Protective completes Obsidian acquisition, establishing new specialty P&C business line
Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates (Obsidian) from private equity firm…
-
Windward acquires Azimut.ai
The acquisition marks Windward’s first move into ground- and ship-based sensors.
-
Hagerty triples UK revenue target after Bennetts deal as global policies climb 18%
The classic car insurer’s acquisition of the UK’s second-largest motorcycle broker is expected to lift British revenue to £25 million as its global book reaches 1.91 million policies
-
Vencora acquires CT InsureTech in deal with London market implications
-
The London market’s bordereaux platform has a new permanent owner
Vencora’s acquisition of CT InsureTech brings a buy-and-hold model to infrastructure hundreds of brokers depend on daily
-
Amdocs Acquires Insurance Technology Provider EIS for $340M, Expanding Beyond Telecom
-
EPIC Acquires High Net Worth Firm Randall Insurance in California
EPIC Insurance Brokers & Consultants acquired E. Broox Randall & Sons Inc. in Los Angeles. The acquisition expands EPIC’s Private Client practice and commercial insurance operations in Southern California. Randall…
-
Amdocs Enters the Insurance Industry Through the Acquisition of EIS, Opening a Strategic Growth Opportunity
-
Amdocs Enters the Insurance Industry Through the Acquisition of EIS, Opening a Strategic Growth Opportunity
-
Vencora acquires CT InsureTech to boost insuran...
-
Vencora Expands Its Insurance Technology Portfolio and Presence in Latin America with the Acquisition of CT InsureTech
-
Premia acquires Cowen Reinsurance from TD Bank
Premia Holdings Ltd., the insurance and reinsurance group with operations in Bermuda, the US, the UK and Continental Europe, has completed its acquisition of Ramius Enterprise Luxembourg Holdco S.à r.l. and its…
-
Vencora acquires Charles Taylor's insurance tech unit CT InsureTech
-
Legacy Specialist RiverStone Enters ILS Market; Completes QBE Loss Portfolio Transfers
RiverStone International, the Bermuda-based legacy acquisition specialist, announced two major loss portfolio transfer (LPT) reinsurance deals, including its first involving the insurance-linked securities (ILS) market.…
-
Marsh acquires Newport yacht insurer in latest HNW specialty push
As Marsh assembles a string of niche personal lines specialists, the pool of independent HNW coastal brokers keeps shrinking
-
Protective Life enters specialty P&C with $1 billion fronting carrier acquisition
Daiichi Life’s US arm now owns one of the largest hybrid fronting carriers, with more than $1 billion in gross written premium, a rare move by a life insurer into specialty P&C
-
Marsh acquires Triton Insurance Agency to expand yacht insurance business
-
Marsh acquires Triton Insurance Agency
The acquisition expands Marsh Agency’s marine insurance expertise.
-
Marsh Acquires Marine and Yacht Specialist Triton Agency
Global insurance broker Marsh today announced it has acquired Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Triton will become part of Marsh Agency. Bob…
-
Arch Insurance North America Acquires Premier Dealer Services
Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a Dublin, Ohio-based provider of automotive Finance and…
-
Arch to expand automotive F&I capabilities with Premier Dealer Services acquisition
Arch Insurance North America, part of Arch Capital Group Ltd., has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a provider of…
-
Markel Expects to See Runoff Certainty With Enstar’s $1.2B Adverse Development Cover
Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e…
-
FOXO agrees to acquire majority voting stake in Ludwig Enterprises
FOXO currently operates businesses spanning hospital care, behavioral health, biospecimen sourcing and biotechnology.
-
Arch Insurance to buy Premier Dealer Services in automotive F&I push
The deal brings dealer training, technology infrastructure and agent relationships inside Arch’s consumer division
-
AIG Agrees to Acquire Everest Chile, Completes Purchase of Everest Colombia
American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group Ltd.’s insurance subsidiary in Chile. AIG also announced the completion of its previously announced…
-
Arch to acquire Premier Dealer Services
PDS provides automotive protection and loyalty products, administration services, technology and training to dealerships.
-
RiverStone International completes $1.6bn LPT reinsurance transactions with QBE
Global legacy acquirer RiverStone International has completed its previously announced loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately $1.6 billion in reserves. The…
-
AIG to acquire Everest’s Chile business, completes Colombia deal
The deals expand AIG’s commercial insurance operations in Latin America.
-
Markel Expects to See Runoff Certainty With Enstar’s $1.2B Adverse Development Cover
Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e…
-
Rainier Partners acquires Apex Insurance Services
Apex is a Texas-focused non-standard auto MGA platform.
-
Barclays Turns to Insurers to Hedge Billions of Data Center Debt
Barclays Plc is looking to buy default protection on more than $10 billion of debt to finance artificial intelligence infrastructure in a bid to create capacity for more lending as hyperscaler funding needs soar. The…
-
Relation Insurance buys St. Louis life and long-term care planning firm Wright Insurance
The acquisition adds advanced life insurance, long-term care and business continuity planning to Relation's national platform
-
Rainier Partners Acquires Texas MGA Platform Apex
Rainier Partners, a private equity firm investing in lower middle-market services businesses, has acquired Apex Insurance Services, a multi-brand managing general agency (MGA) platform focused on the Texas non-standard…
-
Barclays Turns to Insurers to Hedge Billions of Data Center Debt
Barclays Plc is looking to buy default protection on more than $10 billion of debt to finance artificial intelligence infrastructure in a bid to create capacity for more lending as hyperscaler funding needs soar. The…
-
AXIS Capital grows premiums 11% but acquisition costs rise
Rising acquisition costs from AXIS Capacity Solutions offset insurance growth as casualty non-renewals pull reinsurance net premiums lower
-
Guidewire to buy UK insurtech hyperexponential for up to $2.1bn
-
Franklin Madison buys insurtech Bindable to scale its distribution platform
-
Guidewire to buy UK insurtech hyperexponential for up to $2.1bn
Showing the 60 most recent of 622.