All the headlines from our Venture Capital Topic Page, ordered by recency.
Mar 3 2023 // European buyout houses Montagu Private Equity and Astorg Partners are preparing to hang the “for sale” sign on their UK insurance software investments, hoping to woo insurers and fellow private capital funds...
Feb 16 2023 // Specialist insurer Beazley has launched a new private equity liability insurance product, designed to focus on the inherent directors and officers (D&O) risks within the long-term lifecycle of portfolios held by...
Dec 1 2022 // K2 Insurance Services, an independent specialty insurance program manager, announced that Warburg Pincus, a global growth investor, has agreed to acquire the company from Lee Equity Partners LLC, a middle market private...
Nov 28 2022 // French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to a statement posted on its website.The statement, which confirmed a Bloomberg News report,...
Aug 25 2022 // Pennsylvania-based Erie Insurance has launched Erie Strategic Ventures to invest in innovations in risk avoidance, claims, underwriting, digital sales, agency productivity, and products and services for home, families and...
Jul 8 2022 // InsurTech Fund, a venture capital fund associated with InsurTech NY, has announced that it will be accepting applications for its first Digital MGA Lab, a three-month program focused on managing general agents.The program...
Apr 5 2022 // Insurers want to put more money into private equity this year as they contend with rising inflation and its effects on monetary policy, a survey by Goldman Sachs Asset Management showed on Monday.More than 40% of insurers...
Feb 17 2022 // ESentire Inc., a cyber-security company backed by private equity firm Warburg Pincus, has struck a deal to sell a stake to two investment firms at a $1.2 billion valuation, according to people familiar with the...
Feb 16 2022 // Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance products, announced the completion of the sale of Argo Seguros Brasil S.A. to Spice Private Equity Ltd.“The closing of this...
Feb 14 2022 // Vitesse PSP, the London-based fintech that specializes in digital solutions for global payments and counts numerous insurers among its customers, announced it has raised $26 million in Series B funding.The Series B...
Feb 9 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), RiverStone International and broker Tysers.A summary of these new hires follows here. BHSI Promotes...
Feb 7 2022 // There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to agency consultancy OPTIS Partners.Also, the 384 deals during the fourth quarter of 2021 marked a...
Dec 21 2021 // Private equity firm Kelso & Co. has completed an investment in property/casualty insurance processing and services firm ReSource Pro, taking a majority interest in the company, the firms have reported.Terms of the...
Nov 12 2021 // KPMG LLP was sued for at least $600 million over its role in the insolvency of Dubai private-equity firm Abraaj Group, the latest in a string of complaints of sloppy auditing made against the Big Four firm.The claimants,...
Oct 21 2021 // CFC Underwriting, the London-based specialist managing general agent, announced a major investment jointly led by EQT and Vitruvian Partners, two of Europe’s leading private equity firms.The size of the investment...
Oct 11 2021 // KKR & Co Inc said on Monday it has elevated its co-presidents Scott Nuttall and Joseph Bae to co-chief executive officers, succeeding the storied private equity firm’s billionaire co-founders Henry Kravis and...
Aug 31 2021 // Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses from the pandemic, according to a new analysis from S&P Global Market...
Jun 2 2021 // Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades...
Apr 22 2021 // LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday.Private equity was the most-favored asset class...
Apr 22 2021 // Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday.Private equity was the most-favored asset class for insurers...