Specialist loss adjuster vrs VeriClaim, a wholly owned subsidiary of Sedgwick Claims Management Services, Inc., completed its acquisition of Certo chartered loss adjusters to develop its third party administration and commercial loss adjusting capability in the UK and beyond. As …
Evan Greenberg extended an acquisition spree at his Ace Ltd. by agreeing to purchase Chubb Corp. for $28.3 billion in cash and stock. Ace will own 70 percent of the company after the transaction closes, and Greenberg will lead the …
EagleView Technology Corporation, a technology provider of aerial imagery, data analytics and GIS solutions, announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners, a private equity firm focused on software, data and technology-enabled …
CCC Information Services Inc. announced it has acquired DriveFactor Inc., a provider of a highly robust, flexible technology platform for insurance telematics. CCC, a national SaaS technology provider to the auto insurance industry, will strengthen and extend DriveFactor’s technology to …
Following the completion of XL Group plc’s acquisition of Bermuda-based Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. A new global marketing campaign, reflecting the greater scale, ambition …
Farmers Mutual Hail Insurance Co. of Iowa (FMH) announced it is acquiring Moline, Ill.-based John Deere Insurance Co. and John Deere Risk Protection Inc. The action is a result of Deere’s previously announced review of strategic options for the crop …
Acknowledging the announcement made by Catlin Group Limited, XL Group plc confirmed that it is engaged in preliminary discussions with Catlin regarding a potential transaction to acquire the company and form a combined entity. “Both XL and Catlin – respected, …
San Diego-based Mitchell International Inc., a technology, connectivity and information services provider to the property & casualty claims and collision repair industries, announced that it has signed an agreement to acquire the assets of Utah-based Cogent Works, a provider of …
Global Indemnity’s U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. In a transaction with an enterprise value of approximately $394,000,000, Global Indemnity’s U.S. division will pay approximately $114,000,000 in cash to Assurant at closing (which could …
ABRA Auto Body & Glass, a national damaged vehicle repair company, announced the acquisition of Auto Werks of Northbrook, Inc. in Illinois – about an hour northwest of downtown Chicago. Terms of the transaction were not disclosed. The growth in …