Mastercard bolsters cybersecurity with Baffin Bay Networks deal

Payment giant Mastercard has acquired Swedish cybersecurity platform Baffin Bay Networks to help businesses deal with increasingly challenging cyber attacks. Baffin Bay Networks will add...

Asian InsurTech Lexasure Financial Group to go public via SPAC

Lexasure Financial Group, provider of reinsurance and digital insurance solutions in Southeast and South Asia, has signed an agreement to go public via special merger acquisition company (SPAC) Capitalworks Emerging Markets Acquisition (CEMAC).

Specialist Risk Group bolsters capabilities with Consort Insurance acquisition

Specialist Risk Group (SRG), a UK-based group of insurance intermediaries, has acquired mid-market commercial broker Consort Insurance.

Risk management data firm apexanalytix acquires ESG Enterprise

apexanalytix, also known as apex, has acquired environmental, social and governance management firm ESG Enterprise for an undisclosed fee.

Embedded InsurTech Cover Genius in Clyde Technologies take-over

Cover Genius, a global InsurTech for embedded insurance, has completed an asset acquisition agreement with US-based embedded warranty provider, Clyde Technologies.

Rapid7 snaps up ransomware prevention firm Minerva Labs

Rapid7, a cloud risk and threat detection firm, has acquired CyberTech firm Minerva Labs for an undisclosed fee.

Weavr acquires Comma to combine embedded finance and open banking

 Weavr, which is helping transform business with embedded finance, has acquired B2B open banking platform Comma Payments.

Powerfleet to acquire telematics company and Swiss Re subsidiary Movingdots

Powerfleet, a provider of Internet of Things (IoT) software-as-a-service (SaaS) solutions, is to acquire insurance telematic company Movingdots and a subsidiary of Swiss Re.

ERM snaps up sustainable finance and ESG consultancy NINT

ERM, a pure-play sustainability consultancy, has acquired sustainable finance and ESG advisory consultancy NINT for an undisclosed fee.

Digital insurance platform Insurify to acquire

Insurify, a virtual insurance agent offering services to compare, buy and manage insurance, is to acquire Insurance Agency.

News Stories


Rain bags $115m for employee financial wellness

Rain, an employee financial wellness start-up, has raised $115m in funding, encompassing $66m in equity and $50m in debt.

Admiral and CMT team up to provide telematics-based offering to drivers of all ages

Admiral, a car insurance provider in the UK, has extended its partnership with Cambridge Mobile Telematics (CMT), to launch LittleBox Pod, a new telematics offering that can lower insurance prices for drivers of all ages.

Losses from natural disasters continue to rise, Swiss Re says

Swiss Re has reported that natural disasters resulted global economic losses of $275bn in 2022, of which $125 billion were covered by insurance, reaffirming a trend of 5-7% annual increases.

Swedish PayTech Focalpay lands SEK15m

Focalpay, a commerce platform merging payment and retail functionalities, has bagged SEK15m in an investment round.

Chubb launches first-of-its-kind greener underwriting criteria for oil and gas projects

Chubb has unveiled new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a byproduct of oil and gas production that are among the most severe greenhouse gases.

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