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Thoma Bravo has agreed to acquire Accelerant in an all-cash deal that values the specialty insurance platform at an enterprise value of more than $4bn.
Under the definitive agreement, holders of Accelerant Class A and Class B shares will receive $20.25 per share in cash.
The company said this represents a 49% premium to its closing share price on 12 Augu...
Artizent has formed a strategic partnership with Insurity to support insurers pursuing modernisation programmes and launching new capabilities more quickly.
Insurity provides cloud-based software for insurance carriers, brokers and managing general agents. Under the partnership, its platform will be combined with Artizent’s engineering, implementation and insurance ...
GlobalData surveying has found that over 20% of dog and cat insurance consumers purchased directly with an insurer because it offers a quicker purchasing process. Meanwhile, Many Group—the parent company of ManyPets—is using AI across its operations to streamline processes and improve efficiency; supporting a faster and more-seamless customer experience.
GlobalData’...
NFP, an Aon company, has acquired the retail cannabis insurance operations of Frontier Risk Group, a specialty insurer serving the cannabis industry and regulated-products clients.
Eric Schneider, senior vice president at Frontier Risk, moves to NFP in the same position, reporting to Scott Foster, who leads NFP’s Healthcare and Life Sciences practice.
“NFP...
A GlobalData survey found that UK motor insurance consumers are becoming less likely to switch providers, despite ongoing competition and changes in motor insurance pricing.
GlobalData’s 2025 UK Insurance Consumer Survey found that 27.6% of motor insurance consumers switched to a new insurer—down from 29.2% in 2024 and the lowest level recorded since GlobalData bega...