Agile insurance: Lessons from leaders of Greek insurer Interamerican
Mckinsey and Company
MAY 8, 2023
Interamerican demonstrates how Southern European insurers can launch a successful agile transformation within their own cultural contexts.
insurance 
Insurer Resolution Life To Buy New Zealand Biz For $247M
Law 360 M&A
APRIL 4, 2024
Resolution Life said on Thursday that its Australasian arm has agreed to buy Asteron Life, an insurer based in New Zealand, for 410 million New Zealand dollars ($247 million), as the global group eyes entry into the country's growing insurance sector.
97 Join 8,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
McKinsey insurance leadership on 2024 trends and innovations
Mckinsey and Company
FEBRUARY 16, 2024
As insurance executives plan for the new year, what’s top of mind? What areas are ripe for innovation? McKinsey Senior Partners Jörg Mußhoff and Fritz Nauck discuss these and other topics.
103 
‘Future vehicles require future insurance’
Mckinsey and Company
DECEMBER 14, 2022
In an interview with McKinsey’s Tanguy Catlin, Andrew Rose of OnStar Insurance discusses how telematics data will usher in a new era of auto insurance.
135 
Ex-Art Institutes Execs Want Insurers To Avert $336M Suit
Law 360 M&A
APRIL 10, 2024
Former executives of a holding company that bought now-defunct for-profit colleges Argosy University, South University and The Art Institutes asked an Ohio federal court to force excess insurers to settle receivership claims before the pair are formally accused of leaving a $336 million debt in their wake.
97 
Calculating Loss of Business Income for Insurance Claims
Gross Mendelsohn
MARCH 6, 2024
When an insured party with proper commercial coverage has an interruption due to a covered loss, they may be entitled to recover the loss of their business income. But how is the loss of business income calculated for insurance claims?
90 
Redefining the future of life insurance and annuities distribution
Mckinsey and Company
JANUARY 8, 2024
Fundamental shifts in the insurance industry are accelerating changes in the distribution landscape. How can insurers position themselves for the next wave of growth?
94 
Indemnity and Insurance: How Directors and Officers Can Enhance Their Protections
Harvard Corporate Governance
SEPTEMBER 16, 2022
Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection—a robust insurance program and a tailored indemnification agreement. This post is based on their Cooley memorandum.
Marketability 217
217 Marketability 217
217 
Navigating unknowns: Auto insurance questions in a new mobility era
Mckinsey and Company
APRIL 4, 2024
Will mobility insurance see a meteoric transformation? Technology disruptions are reshaping mobility solutions.
Technology 83
83 Technology 83
83 
Insurance M&A Partner From Sidley Joins Kirkland
Law 360 M&A
FEBRUARY 23, 2024
Kirkland & Ellis LLP has added a corporate partner in its insurance transactions and regulatory and financial institutions practice groups, bringing on a former Sidley Austin LLP attorney who said he "couldn't be more excited" to join the firm's Chicago office.
90 
BNP Paribas Buys 9% Stake In Insurer Ageas For €730M
Law 360 M&A
APRIL 15, 2024
French banking giant BNP Paribas said Monday that its insurance subsidiary has agreed to acquire a 9% stake in Belgian multinational insurer Ageas for approximately €730 million ($777 million) from Chinese conglomerate Fosun Group.
Banking 52
52 Banking 52
52 
How to Value an Insurance Agency
Peak Business Valuation
DECEMBER 19, 2023
Insurance agencies generally sell insurance policies as well as annuities. IBIS World notes that the insurance industry has seen healthy growth over the past several years. As such, it may be a good time to buy , expand , or sell an insurance agency. To succeed, it is beneficial to learn how to value an insurance agency.
Insurance Broker Jensten Builds £170M Acquisition War Chest
Law 360 M&A
APRIL 18, 2024
Private equity-backed insurance broker Jensten Group said Thursday it has secured £170 million ($211 million) in funding for a series of planned acquisitions.
Equity 52
52 Equity 52
52 
Benchmark International Successfully Facilitated The Transaction Between Maverick Truck Insurance And Biltmore Insurance
Benchmark Report
NOVEMBER 21, 2023
Maverick Truck Insurance was established in Arlington, Texas, in 1994. Since its inception, Maverick Truck Insurance has stood behind its principles of offering the best possible coverage at competitive prices.
59 
Global Insurance Report 2023: Capturing growth in Latin America
Mckinsey and Company
SEPTEMBER 22, 2023
Latin America’s insurance market is booming—both in premium growth and complexity. The opportunities available to global, regional, and local insurers are immense.
Transaction Insurance: Beyond RWI
John Jenkins
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.
Elevating customer experience: A win–win for insurers and customers
Mckinsey and Company
SEPTEMBER 21, 2023
Our latest survey of North American insurance customers offers insight into the challenges—and the value—of delivering a winning customer experience in insurance.
89 
Westland Insurance acquires Dyberg Insurance Inc. and Prairie Villa Insurance
Benzinga
JANUARY 4, 2024
04, 2024 (GLOBE NEWSWIRE) -- Westland Insurance today announced that it acquired Dyberg Insurance Inc. and Prairie Villa Insurance, effective January 1. Prairie Villa Insurance has roots going back to 1973 in Northern Alberta, now with three longstanding offices located across the Peace Country.
40 
Pan-American Life Insurance Company adquirirá a Encova Life Insurance Company
Business Wire M&A
MAY 22, 2023
COLUMBUS, Ohio y NEW ORLEANS--(BUSINESS WIRE)--Encova Mutual Insurance Group (“Encova Insurance”) y Pan American Life Insurance Company (“PALIC”) anunciaron que Encova Life Insurance Company (“Encova Life”), una empresa afiliada de Encova Mutual Insurance Group, será adquirida y se fusionará con PALIC.
98 
The value of cyber insurance for health care providers
LaPorte
AUGUST 24, 2023
(authored by RSM US LLP) Health care organizations that fail to continuously monitor their cyber insurance coverage become at risk due to escalating security challenges. The post The value of cyber insurance for health care providers first appeared on LaPorte.
98 
Why do you need to have extra insurance coverage for fine art & jewelry?
ISA
APRIL 19, 2024
One question you should ask yourself is “am I properly insured if something catastrophic happens?” ” Insurance companies often require an appraisal before providing coverage for fine art and jewelry. It’s also a good time to take inventory while you do your spring cleaning.
Appraisal 52
52 
Building new businesses: How insurers can leap ahead
Mckinsey and Company
JULY 25, 2023
New insurance business ideas can have an outsize impact on enterprise value, but many insurers struggle to build and scale them. A new approach can help improve their success rate.
American Trust Insurance Joins World Insurance Associates
Benzinga
DECEMBER 5, 2023
05, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC ("World"), a Top 50 Insurance Brokerage, announced today that it acquired the business of American Trust Insurance, LLC ("ATI") of Huron, SD on December 1, 2023. It's great to join World Insurance," says Preston Steele, Principal, American Trust Insurance. "We
40 
Encova Life Insurance Company To Be Acquired by Pan-American Life Insurance Company
Business Wire M&A
MAY 22, 2023
COLUMBUS, Ohio & NEW ORLEANS--(BUSINESS WIRE)--Encova Mutual Insurance Group (“Encova Insurance”) and Pan American Life Insurance Company (“PALIC”) announced today that Encova Life Insurance Company (“Encova Life”), an affiliate of the Encova Mutual Insurance Group, will be acquired by and merged into PALIC. “We
76 
Foy Insurance Group Joins World Insurance Associates
Benzinga
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. Today they are one of New England's largest insurance agencies, with offices in three states.
40 
Truist Selling Insurance Brokerage At $15.5B Value
Law 360 M&A
FEBRUARY 20, 2024
said Tuesday it has agreed to sell its remaining stake in subsidiary Truist Insurance Holdings to an investor group led by private equity firms Stone Point Capital and Clayton Dubilier & Rice, in an all-cash transaction that gives the insurance brokerage an enterprise value of $15.5 Truist Financial Corp.
How to Value an Insurance Brokerage
Peak Business Valuation
AUGUST 15, 2023
Insurance brokerages play an important role in the United State’s economy. These businesses sell insurance policies and annuities to businesses, individuals, and the government. According to IBIS World , there are over 410,000 insurance brokerages in the United States. This industry has retained steady demand for several years.
Neither Stop-Loss Coverage Nor Other Insured Benefits Cause Self-Insured Health Plan to Be Considered Insured
ThomsonReuters
JULY 15, 2021
A participant in a union- and employer-sponsored self-insured group health plan was injured in an accident and sued the other parties involved. The participant argued that the right asserted by the plan administrator (an “equitable lien”) was unenforceable under state insurance law. Board of Trustees, 2021 WL 2190906 (D.
Compliance 98
98 Compliance 98
98 
Global Insurance Report 2023: Reimagining life insurance
Mckinsey and Company
NOVEMBER 16, 2022
The global life insurance industry is facing an inflection point. A fundamental reimagination will usher in significant change.
82 
Insurer of the future: Are Asian insurers keeping up with AI advances?
Mckinsey and Company
MAY 3, 2023
AI’s potential for competitive advantages remains largely unrealized in the Asian insurance industry. There is a framework for success: invest in AI not discretely but across the value chain.
70 
Valuing an Insurance Agency
Peak Business Valuation
APRIL 16, 2023
Insurance provides financial security and peace of mind for consumers. As such, there will always be a demand for insurance. Over the past several years, the insurance industry has experienced steady profit growth. This is due to increased premiums for P&C insurance as well as improved economic conditions.
Reimagining the life insurance model in 2023
Mckinsey and Company
DECEMBER 21, 2022
Leaders in McKinsey’s insurance practice discuss industry trends and how companies can be successful by rethinking the life insurance model.
95 
How the Asian insurance market is adapting to the future
Mckinsey and Company
FEBRUARY 3, 2023
In this podcast, three McKinsey partners and leaders of the Insurance Practice discuss the themes that will define Asian insurance in 2023 and beyond.
OpenText Belongs In Merger Suit Coverage Row, Insurer Says
Law 360 M&A
APRIL 3, 2024
OpenText belongs in a dispute over coverage for a class action alleging Covisint's shareholders got a bad deal when it merged with OpenText in 2017, Covisint's insurer told a Michigan federal judge, arguing OpenText has a vested interest because it may have indemnification obligations if no coverage exists.
52 
A Matter of Life (Insurance) and Death
Auto Dealer Valuation Insights
FEBRUARY 7, 2024
For companies using life insurance as a funding mechanism for shareholder buyouts, the treatment of life insurance proceeds in determining the buyout price is always a thorny issue.
52 
The individual health insurance market in 2023
Mckinsey and Company
APRIL 11, 2023
This represents an outsize year for insurer and enrollment growth. More than 3.6 million new consumers entering the market are choosing among an average of 88 plans.
Oakwood Insurance Agency Joins World Insurance Associates
Benzinga
OCTOBER 11, 2023
11, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC ("World"), a Top 50 Insurance Brokerage, announced today that it acquired the business of Oakwood Insurance Agency, LLC ("Oakwood") dba Insure Big Rig of Califon, NJ on October 1, 2023. Iselin, NJ, Oct. Terms of the transaction were not disclosed.
40 
Insurer Direct Line Snubs £3.2B Improved Ageas Bid
Law 360 M&A
MARCH 13, 2024
British insurer Direct Line on Wednesday said it had rejected an improved £3.2 billion ($4.1 billion) offer from Belgian rival Ageas because it still "significantly undervalues" the group.
52 
Westland Insurance acquires Hubbard Insurance and Assurance Belliveau Insurance
Benzinga
AUGUST 3, 2023
03, 2023 (GLOBE NEWSWIRE) -- Westland Insurance, Canada's leading independently-owned insurance brokerage, today announced that it acquired two P&C brokerages: Hubbard Insurance Group and Assurance B. Belliveau Insurance Inc.
40 
SBA Financing for an Insurance Agency
Peak Business Valuation
JUNE 11, 2023
Owning an insurance agency can be a lucrative adventure. Demand for insurance is expected to steadily grow in the coming years. This makes it a great time to grow , sell , or buy an insurance agency. Knowing how to finance an insurance agency can be difficult. There are many options for SBA loans for an insurance agency.
Finance 52
52 
Valuation Multiples for an Insurance Agency
Peak Business Valuation
JUNE 6, 2023
The insurance agency and brokerage industry comprises companies that sell insurance policies and annuities. In addition, demand for insurance agencies remains steady. As the economy improves and premiums increase, the insurance agency and brokerage industry will continue to grow. See also Valuing an Insurance Agency.
Value Drivers for an Insurance Brokerage
Peak Business Valuation
MAY 9, 2023
In our volatile world, having insurance is crucial. Insurance provides financial protection against unexpected events like car accidents and earthquakes. As such, there is a steady demand for the insurance brokerage industry. Insurance brokerages help consumers find insurance policies that fit their needs.
Creating value, finding focus: Global Insurance Report 2022
Mckinsey and Company
FEBRUARY 15, 2022
The insurance industry struggles to create economic profit. But amid COVID-19’s enduring changes, opportunities await.
140 
Insurance investors: Priorities and opportunities
Mckinsey and Company
NOVEMBER 3, 2023
Macroeconomic uncertainty will shape where investors deploy capital in insurance.
70 
Let's personalize your content