JD Supra: Mergers

APRIL 16, 2024

The fragmented insurance distribution market in Canada continues to see significant levels of mergers and acquisitions (M&A) activity as established consolidators roll up smaller brokerages and managing general agents (MGAs), new players emerge, strategic buyers remain active, and more owners approach the age of retirement and seek third-party (..)

Insurance 165

Insurance Mergers and Acquisitions M&A Mergers 165

JD Supra: Mergers

MARCH 21, 2024

Woodruff Sawyer is the market leader when it comes to placing D&O insurance for companies going public, be it through an IPO, direct listing, or merger with a SPAC (a “de-SPAC” transaction). Experience matters in this arena.

Insurance 171

Insurance IPO Mergers IT 171

Deal Lawyers

MARCH 12, 2024

We’ve blogged quite a bit over the years about Rep & Warranty Insurance, but that’s not the only type of transaction insurance available for buyers or sellers looking to lay-off some of the risk associated with their deals.

Insurance 112

Insurance 112

Deal Lawyers

JULY 24, 2024

Earlier this year, Meredith blogged about a federal court’s decision holding that a “bump-up” exclusion in a D&O insurance policy resulted in the loss of […]

Insurance 131

Insurance M&A Acquisitions 131

JD Supra: Mergers

FEBRUARY 7, 2024

2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 20201.

M&A 188

M&A Insurance Valuation IT 188

Deal Lawyers

JUNE 4, 2024

Recent data suggests that the use of Rep & Warranty Insurance may have plateaued, but this Cooley M&A blog says that market development has led to some news for purchasers of RWI. The blog says R&W policy purchasers in this cooling market have been able to obtain more quotes, and more favorable policy rates and […]

Insurance 112

Insurance M&A 112

JD Supra: Mergers

APRIL 5, 2024

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies. This article first appeared in the March issue of Butterworths Journal of International Banking and Financial Law. By: Hogan Lovells

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Insurance Securities Bank Banking 152

Deal Lawyers

SEPTEMBER 5, 2023

A recent Willis Towers Watson blog says that both debtors and potential buyers of distressed assets should consider using R&W insurance and the other transactional insurance solutions which have become staples of private M&A deals in other contexts as an alternative to traditional risk allocation for their transactions.

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Insurance M&A 122

JD Supra: Mergers

FEBRUARY 20, 2024

State of the Market in Asia - The insurance brokerage market has emerged from the challenging financial conditions and geopolitical headwinds of 2023 as a bright spot that demonstrates resilience and promises great growth potential. By: Mayer Brown

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Insurance M&A 188

Growth Business

DECEMBER 20, 2023

By Anna Jordan on Growth Business - Your gateway to entrepreneurial success In the early days of startups, it may seem like insurance cover is optional – but in some cases, it really isn’t. In the meantime, here is the best insurance cover for startups and why you need it. Does my startup need business insurance and why?

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Insurance Business Stock IT 81

JD Supra: Mergers

NOVEMBER 28, 2023

Warranty and indemnity insurance (W&I) is a long-established feature of M&A transactions in Europe, especially with private equity sellers. Stapled W&I policies and synthetic policies will likely be increasingly common features of E&I transactions, although their feasibility should be assessed case by case.

Insurance 165

Insurance Private Equity M&A Equities 165

PE Hub

OCTOBER 10, 2023

David H Coons Insurance Brokers is a family-owned insurance brokerage located in Burlington, Ontario. The post Westland Insurance snaps up David H Coons Insurance Brokers appeared first on PE Hub.

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Insurance Broker 82

The New York Times: Banking

FEBRUARY 16, 2024

Frequent natural disasters and high inflation have led insurers to raise premiums, and forced many customers to pare back their policies.

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Insurance Financial Institution Bank Banking 134

Global Newswire by Notified: M&A

DECEMBER 7, 2023

07, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Foy Insurance Group (“Foy”) of Exeter, New Hampshire on December 1, 2023. Iselin, NJ, Dec. Terms of the transaction were not disclosed.

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Insurance Business IT 75

TechCrunch: M&A

JULY 12, 2023

Coalition offers cybersecurity insurance products that take advantage of proactive cybersecurity tools. More recently, Jumbo partnered with IdentityForce to offer identity theft insurance in the U.S. It is acquiring a team (or maybe just a part of the team) that has been focused on privacy and security for several years.

Insurance 164

Insurance Valuation Accountant IT 164

Sica Fletcher

JULY 23, 2024

In it, we provide readers with a quick and simple overview of the current insurance brokerage M&A market , after which we discuss several macroeconomic and industry-specific factors that could drastically affect transactions in the next six months. The market is already highly competitive, but it’s also limited to what buyers can afford.

Insurance 52

Insurance M&A S&P Valuation 52

JD Supra: Mergers

AUGUST 14, 2023

Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us? By: Woodruff Sawyer

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Insurance Underwriting 130

PE Hub

DECEMBER 20, 2023

GuideOne is a mutual insurance carrier founded in 1947. The post Bain Capital Insurance invests $200m in GuideOne to launch new insurance platform The Mutual Group appeared first on PE Hub.

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Insurance Capital Investment 87

JD Supra: Mergers

JULY 13, 2023

During the second quarter of 2023, LP’s insurance brokerage team surveyed many respected professionals in the insurance brokerage M&A industry, including M&A advisors and highly acquisitive buyers. All are experienced in the industry and regularly work on 10+ transactions in any given year. By: Levenfeld Pearlstein, LLC

M&A 130

M&A Insurance Acquisitions 130

Global Banking & Finance

SEPTEMBER 27, 2023

UK’s Hiscox to sell Singapore and Thailand insurance business (Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore and Thailand, to Ignite Thailand Holdings following a strategic review. Reporting by […]

Insurance 124

Insurance Business IT 124

JD Supra: Mergers

MAY 24, 2023

Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset. Woodruff Sawyer is a market leader for. By: Woodruff Sawyer

IPO 137

IPO Insurance Initial Public Offering Mergers and Acquisitions 137

Business Standard - FInance

JUNE 9, 2023

Regulator Irdai on Friday said it has given permission to Go Digit Life Insurance Limited to carry the life insurance business in India. Go Digit, a firm backed by Canada-based Fairfax Group, is already in the general insurance business.

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Insurance Business IPO IT 94

Deal Lawyers

JULY 5, 2023

Woodruff Sawyer recently published its 2023 Guide to Representations & Warranties Insurance, which provides an overview of current market conditions, policy terms and considerations for potential purchasers of RWI.

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Insurance IT 138

PE Hub

FEBRUARY 29, 2024

Avant Insurance is a brokerage specializing in both personal and commercial lines. The post MDP-backed Navacord snaps up Avant Insurance appeared first on PE Hub.

Insurance 84

Insurance 84

Growth Business

JANUARY 5, 2024

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success It’s clear that as a startup you will need insurance of some kind, but knowing exactly what insurance you need can be confusing at the start. Studies show that 44 per cent of UK SMEs have no commercial insurance. Who is it for?

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Insurance Business Healthcare Engineering 78

Deal Lawyers

OCTOBER 5, 2023

R&W Insurance is a standard feature in private company transactions, but this WTW blog discusses its use in take-private transactions involving public company targets. The blog highlights some of the complexities involved when using RWI in these transactions and methods for addressing the issues they present.

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Insurance IT 112

Sica Fletcher

JULY 2, 2024

For agency owners looking to sell their business in 2024, it’s helpful to know something about the insurance M&A buyer landscape before going in. The following section details the insurance M&A buyer landscape as of Q3 2024. To provide a sense of context for buyers’ current standing, we also include information from 2023.

Insurance 52

Insurance M&A Private Equity Advisory 52

Sica Fletcher

JULY 11, 2024

The following report details insurance brokerage M&A multiple averages for H1 2024. Our research team averaged the information using data from our Sica | Fletcher index, which monitors approximately 70% of insurance sector transactions. Because several kinds of insurance are legally required (e.g.,

Insurance 52

Insurance M&A Debt Equities 52

Global Banking & Finance

MAY 23, 2024

Why the need for insurance firms to innovate cannot be overstated By Piers Williams, Global Insurance Manager at AutoRek For firms operating in the insurance industry, transactional volumes and associated data is growing year-on-year.

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Insurance Management 85

PE Hub

JUNE 6, 2023

Mycor Insurance and Murphy Insurance are Canadian property and casualty insurance brokerages. The post Westland snaps up Mycor Insurance Solutions, Murphy Insurance Services appeared first on PE Hub.

Insurance 78

Insurance 78

Growth Business

JANUARY 23, 2024

These intangible ideas could be exceptionally valuable and underpin future growth and financial success – and they should be covered by intellectual property insurance. What is intellectual property insurance? Cases like these only serve to show why IP insurance is so important in today’s business environment.

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Insurance Underwriting Business Risk Management 97

Sica Fletcher

JULY 1, 2024

Selling an insurance brokerage is not altogether that much different than selling an insurance agency or even an insurance company. specialized regulatory and licensing requirements that are different from those of insurance agencies. That being said, brokerage owners need to consider a.)

Insurance 52

Insurance M&A Advisory Funds 52

PE Hub

SEPTEMBER 19, 2023

Insurance Matters is a residential, commercial, farm and auto insurance brokerage with operating in Saskatchewan. The post Westland Insurance acquires Saskatchewan’s Insurance Matters appeared first on PE Hub.

Insurance 59

Insurance 59

Global Newswire by Notified: M&A

JULY 2, 2024

July 02, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) announced today that it has sold the assets of Renasant Insurance, Inc. to Sunstar Insurance Group, LLC (“Sunstar”) effective as of July 1, 2024. TUPELO, Miss.,

Insurance 40

Insurance Sale Corporation IT 40

JD Supra: Mergers

AUGUST 24, 2023

On December 4, 2019, the insured media company merged with another media company. Stockholders brought several lawsuits challenging the merger and asserted claims for breach of fiduciary duty against the insured’s directors, officers, and controlling stockholders for their roles in negotiating and.

Insurance 130

Insurance Media Negotiation Mergers 130

Sica Fletcher

JUNE 14, 2024

Insurance agency owners who are considering the prospect of running an M&A deal process often have many concerns about the fate of their agencies, but the most common by far are those surrounding the agency’s purchase price at closing. We’ll also detail some of the factors affecting these calculations.

Insurance 52

Insurance Valuation M&A S&P 52

Cisco: M&A

MARCH 12, 2024

Those who experienced “then” and “now” first-hand in the Insurance Claim business might be even more amazed at the profoundly po… Read more on Cisco Blogs Think of how much digital channels and the contact center have evolved.

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Insurance Collaboration Business Financial Services 98