• Sid Sankaran  – Sirius Point

    SiriusPoint targets path to improved rating: Sankaran


    SiriusPoint chairman and CEO Sid Sankaran has welcomed the AM Best affirmation this week that resolved the ratings overhang on the two pre-merger companies and said that if the newly formed (re)insurer executes its strategy it should set itself on a trajectory towards an upgrade over time.

  • II-Corelogic

    CoStar withdraws CoreLogic takeover bid


    CoStar Group has withdrawn its bid to acquire CoreLogic and has terminated any further acquisition discussions, clearing the way for the property information and analytics provider to be acquired by Stone Point and Insight Partners.


    ​HGGC-backed SRG acquires MGA CLS Risk Solutions


    Specialist Risk Group (SRG) has acquired MGA CLS Risk Solutions (CLS RS), the UK broker consolidator’s fourth deal since HGGC was announced as majority shareholder in December.

  • Marketstudy and brightside

    Markerstudy Group acquires Brightside


    Markerstudy Group has acquired UK intermediary Brightside Group from private equity investor AnaCap Financial Partners in a deal that will add in excess of £125mn ($172mn) in gross written premium to the MGA.

  • Riverstone, Hamilton, Liberty Mutual and Pembroke

    RiverStone inks ~£370mn RITC with Hamilton and Liberty for Pembroke back years


    Legacy specialist RiverStone Europe has completed a reinsurance-to-close (RITC) transaction of the legacy liabilities of the 2018 and prior years of account of Syndicate 4000.

  • AmWins and Worldwide Facilities

    Amwins closes in on Worldwide Facilities deal


    Amwins is closing in on a deal to buy its smaller rival Worldwide Facilities in a transaction that would cement its position as the largest wholesale broker with close to $25bn in overall combined premium volume, The Insurer can reveal.

  • Next insurance

    Insurtech Next Insurance doubles in size with AP Intego acquisition


    Next Insurance has signed a definitive agreement to acquire digital insurance agency AP Intego, a deal that the SME business insurance-focused insurtech said will double the size of its business.

  • Peter Blanc – Aston lark

    Aston Lark adds Venture Insurance and MGA Magenta


    Goldman Sachs-backed broker Aston Lark has been active in the M A space this week with deals to buy commercial broker Venture Insurance and Inet3 Limited, an MGA trading as Magenta Insurance.

  • KKR, ISC andSlightway Capital

    ISC looks to build $750mn-$1bn business by 2025 with KKR backing


    Integrated Specialty Coverages (ISC) is aiming to sustain double digits organic growth rates and seek out “transformational” M A transactions with the support of its new backer KKR as it looks to build a $750mn to $1bn premium volume business within the next three to four years, The Insurer ...

  • Hippo and Reinvent

    Hippo to go public at $5bn valuation through SPAC merger


    Home insurtech Hippo is the latest insurtech to agree a deal to go public through a merger with a special purpose acquisition company (SPAC), announcing a combination with Reinvent Technology Partners Z that includes a $550mn private investment in public equity (PIPE) with backing from Dragoneer, Lennar and Ribbit.

  • Costero Brokers and MarRS

    Heffernan-backed Costero acquires Lloyd’s broker MarRS


    London-based broker Costero has acquired marine specialist Mar Risk Services (MarRS).

  • KKR,ISC and Sightway Capital

    KKR to acquire majority stake in insurtech MGA platform ISC


    KKR is taking a majority interest in Integrated Specialty Coverages (ISC) with current owner Sightway Capital retaining a minority position in a recapitalisation that will allow the AI and data analytics-driven MGA platform to scale up and expand into new specialty insurance verticals, The Insurer can reveal.

  • II-CIB-McGowan-Legal

    McGowan strengthens LPL position with Couch Braunsdorf deal


    The McGowan Companies has acquired the wholesale assets of Couch Braunsdorf Insurance Group (CBIG) in a deal that makes the enlarged entity one of the leading players in the US lawyers professional liability (LPL) market.

  • Aon WTW EC

    EC set to issue statement of objections on Aon-WTW deal: Reports


    A report by Reuters that the European Commission is set to warn Aon that its $30bn combination with Willis Towers Watson may negatively impact competition “unless concessions are offered in the coming weeks” relates to the potential issue of a so-called “statement of objections” which is a standard part of ...

  • Hub, Finn & Stone and Wellspring

    Hub International adds New England and Texas agencies


    Hub International has been active in the M A space this week with the addition of New England personal and business lines insurance agency Finn Stone and Texas-based employee benefits firm Wellspring Insurance Agency.

  • Ian Summers – Sequel and Whitespace

    Verisk-owned Sequel acquires Whitespace


    Verisk-owned Sequel is to acquire electronic trading platform Whitespace in a deal designed to support and accelerate Whitespace’s expansion.

  • Doma and Capitol Investment

    States Title rebrands after agreeing $3bn go-public SPAC deal


    States Title has rebranded to Doma after it agreed a $3bn go-public merger deal with special purpose acquisition company (SPAC) Capitol Investment Corp V (CICV).

  • Peter Blanc – Aston lark

    Aston Lark acquires Scottish broker Bruce Stevenson


    Goldman Sachs-backed broker Aston Lark has acquired Bruce Stevenson Insurance Brokers in a deal that will form the basis of the consolidator’s expansion into Scotland.

  • Avid Insurance Services

    PE-backed MGA Avid makes debut acquisition with IIGL deal


    PE-backed London intermediary and MGA Avid Insurance Services has made its first acquisition with a deal to buy specialist construction MGA Incorporated Insurance Group Ltd (IIGL).

  • McLarens and Halliwell

    McLarens closing in on Halliwell acquisition


    Loss adjuster McLarens is set to beat out some of its larger rivals to the acquisition of Halliwell Engineering Associates, The Insurer has learned.