Advisen Ltd

Core Insurance, Risk Management

Businesswire | May 31, 2023

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC) and the leading global risk and reinsurance specialist, today announced that it is to acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later this quarter, were not disclosed. Founded in 2010, Re Solutions combines industry experience with sophisticated actuarial and analytics capabilities, together with a strong reputation for developing innovat...

Core Insurance,Insurance Technology

K2 Insurance Services | December 02, 2022

K2 Insurance Services ("K2"), a leading independent specialty insurance program manager, today announced that Warburg Pincus, a leading global growth investor, has agreed to acquire the company from Lee Equity Partners, LLC ("Lee Equity") a growth oriented middle market private equity firm. The investment will support K2's continued growth strategy, including M&A and de-novo incubation, and its commitment to offering best-in-class services to clients. Terms of the tra...

Core Insurance

Majesco, Infosys | May 19, 2021

For insurance business transformation, Infosys, a world leader in next-generation digital services and consulting, and Majesco, a global leader in cloud insurance platform solutions, announced a strategic partnership today. Infosys and Majesco will collaborate to help joint customers drive their digital transformation journeys, allowing them to capitalize on emerging opportunities, meet the need for personalized customer experiences, operating efficiency, and digital adoption through the insuran...

Clyde & Co | February 17, 2020

The volume of mergers and acquisitions in the insurance space rose 10% in 2019, according to insurance law firm Clyde & Co. A study by the firm found that 419 deals were completed worldwide last year, up from 382 in 2018. Merger activity was driven by an unusually strong first half, led by a spike in deals in Europe that had previously been on hold due to Brexit preparations. M&A activity dropped during the last six months of 2019, but activity remained strong compared to recent years, a...