Tag: M&A

AIG expands Latin American reach with Everest deals

Global insurance group AIG has agreed to acquire Everest Group’s Chilean insurance subsidiary, following the completion of its purchase of Everest’s Colombian business as...

World Insurance expands Texas reach with Zoom deal

World Insurance Associates, a US-based insurance brokerage, has acquired Zoom Insurance, a Texas agency specialising in convenience stores and fuel retailers, as it looks...

Fintel buys Mortgage Brain to unify adviser tech stack

Fintel, the UK provider of software, data and support services for retail financial services, has acquired Mortgage Brain Holdings, a move that pushes the...

Earnix warns of key-person risk in insurance renewals

Group benefits insurers are still relying on spreadsheets, disconnected systems and the knowledge of a few experienced employees to make critical pricing decisions, according...

Proofpoint bets $6.3bn on Varonis as AI data risk mounts

Proofpoint has agreed to buy Varonis in an all-cash deal worth roughly $6.3bn that will create the largest data and AI security organisation in...

Novacore expands US InsurTech footprint with Diesel acquisition

InsurTech and specialty insurance provider Novacore has agreed to acquire Diesel Insurance Solutions, a California-based managing general underwriter (MGU) specialising in cross-border trucking, physical...

Houlihan Lokey expands digital assets expertise with new FinTech MD

Houlihan Lokey, the global investment bank, has strengthened its FinTech advisory capabilities with the appointment of Chris McMillan as a managing director focused on...

HSBC selects Nasdaq Calypso to unify derivatives clearing

HSBC has selected Nasdaq Calypso for exchange-traded derivatives (ETD) clearing operations, expanding its use of the capital markets technology platform as financial institutions look...

Citrea bets on private digital assets with Crest deal

Citrea, an application layer for digital assets backed by Founders Fund and Galaxy Ventures, has acquired Crest, a self-custodial privacy wallet, as it looks...

Chime to acquire Stride Bank for $590m

Chime, the Nasdaq-listed US FinTech, is set to acquire Stride Bank, N.A., its long-standing banking partner, for $590m as it moves to bring its...

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