Private equity (PE)
Insurtech Policy Castle seeks £1m in investment as it looks to grow
Insurtech start-up Policy Castle has become the latest venture to seek funding, with a stated ambition to raise £1m.
Interview: ABC Investors - Bunker, Cassidy, Castle, Horton and O’Roarke
With their restrictive covenants expiring at the end of 2017, the former LV general insurance management are now free to re-enter the market. Jonathan Swift speaks to the quintet about their new consortium ABC Investors, digital innovation and what it…
Ten insurtech start-ups to watch in 2018 - part one
There does not appear to be any slowdown in the number of insurtech start-ups that are aiming to mark their mark on the insurance sector.
![CEO Erik Abrahamson [front far right] and Digital Fineprint raise £2m](/sites/default/files/styles/landscape_480_296/public/2018-01/Digital%20Fineprint%20team%20photo.jpg.webp?itok=TIOIEttH)
Digital Fineprint CEO hails 'insane' year after £2m investment
Insurtech start-up Digital Fineprint has closed a second ‘venture’ investment round by raising $2.7m (£2m) lead by a firm that includes Nutmeg and Fan Duel among its portfolio.
Post Power List 2018: Private equity investors
Private equity investors
Post Power List 2018: David Margrett
CEO, Global Risk Partners
Post Power List 2018: John O’Roarke
ABC Investors
Indian regulator allows private equity ownership, with conditions
If private equity firms wish to buy 50% or more of an Indian life insurer, general insurer, reinsurer or health insurer they will need to meet some strict conditions.
BP Marsh: On the hunt for the next Besso
The last year has seen investment firm BP Marsh exit three of its largest investments; Besso, Trireme and the remaining portion of its stake in Hyperion. As a result of the sale, the company had a war chest of £29.9m and a deluge of enquiries from start…
Details emerge on £500m Sabre float
Sabre has hired Barclays and Numis Securities to oversee a listing on the stock market that could be worth £500m, according to Sky News.
Interview: Karen Beales, UK General
Karen Beales was recently appointed CEO of UK General from her existing role as managing director, following JC Flowers’s acquisition of the company. Post discussed with Beales what the future holds for the managing general agent.
Week in Post: Brexit, redundancies and consolidation
This week we saw the ‘Great Repeal Bill’ being introduced to Parliament, a key waystone on the long and arduous journey to leaving the European Union.
Lloyds Bank's Bill Cooper on private equity
The valuation of intermediaries is once again in the spotlight after a number of recent high-profile deals, where firms have changed hands for what appear to be very high multiples. Lloyds Bank's managing director and global head of insurance Bill Cooper…
Stephen Catlin given the prestigious Achievement Award at the 2017 British Insurance Awards
Described as “a true statesman of our industry”, Stephen Catlin was a worthy winner of the achievement award at the 2017 British Insurance Awards last night.
Interview: Robin Smith, We Go Look
Jonathan Swift speaks to We Go Look CEO and co-founder Robin Smith about building an on-demand business that handles insurance claims and why the Crawford & Co acquisition means she has more time now for the "fun stuff"
Blog: Seven Indian insurtech start-ups to watch in 2017 and beyond
Incisive Insight Insurance Division content director and chair of the Post Digital Insurance Collective Jonathan Swift looks at the burgeoning insurtech scene in India and highlights a few start-ups to keep an eye on.
Towergate backers launch general insurance giant
Towergate backers HPS Investment Partners and Madison Dearborn Partners will consolidate Towergate with Autonet, Chase Templeton, Price Forbes and Ryan Direct to form a general insurance giant.
Towergate backers buy private medical broker Chase Templeton
Nevada Investments, the investment vehicle set up by HPS Investment Partners and Madison Dearborn Partners will buy medical broker Chase Templeton from Palatine Private Equity.
Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
CFC Underwriting CEO leads private-equity backed MBO
The CEO of CFC Underwriting will lead a private-equity backed management buy-out of the business.
Lloyds Bank's Bill Cooper on M&A in a challenging market
The government's recent decision to lower the discount rate from 2.5% to -0.75% took the market by surprise and generated many column inches of newsprint in the mainstream press.
AJG's Michael Rea on the challenge of effective integration
The appetite for acquisition activity is undiminished, but buying is the easy part
LA Fitness owner offers to buy remaining shares in Towergate
The private equity firm which bought 17.9% of Towergate has issued an offer to buy all remaining shares in the company.