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Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion
May 28 2025 // Travelers Cos. said on Tuesday it has agreed to sell its Canadian personal insurance business and majority of its commercial insurance operations in the country to Definity Financial in a deal valued at $2.4 billion.The...
Skyla Insurance Acquires Policyline, Names Ricks President
May 28 2025 // Charlotte-based Skyla Insurance Services, a subsidiary of Skyla Credit Union, has acquired Policyline Insurance, an employee benefits and insurance brokerage in the Carolinas.The acquisition strengthens Skyla’s...
Shareholders of Swiss Insurers Helvetia and Baloise Approve Merger
May 23 2025 // The shareholders of the Swiss insurers Helvetia Holding Ltd. and Baloise Holding Ltd. approved the merger to form Helvetia Baloise Holding Ltd., at their respective extraordinary general meetings.Upon the closing of the...
COVU Acquires Texas’ Uno Insurance Services
May 23 2025 // COVU, Inc., an AI-native customer servicing platform for the insurance industry announced the acquisition of Uno Insurance Services, a fast-growing Texas-based agency with a stronghold in Houston’s Spanish-speaking...
BMS Group Acquires Turkish Broker Oria
May 23 2025 // BMS Group, the London-based independent re/insurance broker, has acquired Istanbul, Turkey-based Oria Sigorta ve Reasürans Brokerliği A.Ş.Financial details were not provided.Founded in 2019, Oria is an independent...
Acrisure Secures $2.1 Billion Funding Round for M&A, Tech
May 21 2025 // Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital.Acrisure said the company’s valuation stands at...
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