Sixth Street reinvests in insurer Convex through $500m deal
Global investment house Sixth Street has invested $500m of preferred equity capital in specialty insurer and reinsurer Convex Group.
Global investment house Sixth Street has invested $500m of preferred equity capital in specialty insurer and reinsurer Convex Group.
Private equity majors Carlyle and Hellman & Friedman have taken part in a $1bn investment to launch reinsurance business Vantage Group.
Bain Capital Partners and Pacific Lake Partners have teamed up to back P&C insurance core software provider OneShield Software.
Investment house Cornell Capital has promoted financial services and insurance investment specialist Emily Pollack to partner.
Coherent, which helps insurers build digital-first services, has scored $14m in its Series A funding round.
Ushur, a cloud-native automation platform for insurers, has closed its Series B round on $25m to support its sales and marketing efforts.
European software-focused private equity investor Hg has agreed the sale of Eucon Group to German insurer VHV Group.
New York-based VC investor IA Capital has led a $24m investment round for digital insurance agency Matic.
Israeli cybersecurity company Secret Double Octopus has picked up a cash injection from Standard Chartered’s FinTech investment unit SC Ventures.
Nuveen, the $1tn global investment manager of insurance giant TIAA, has led a Series B growth equity round in Advanced Battery Concepts.
Digital insurer Cover Genius has reportedly raised £8.3m in its latest funding round as it looks to expand its product offering.
+Simple, a startup aiming to help simplify insurance underwriting, has closed a €20m funding round amid the acquisition of wholesale broker April Entreprise.
IK Investment Partners has agreed to buy a majority stake in Dutch insurance distribution platform You Sure Investments from Synergia Capital Partners.
European software and tech private equity specialist Hg has scored an exit of UK insurance intermediary A-Plan Group to international trade buyer Howden.
Acko General Insurance has reportedly netted $60m in a Series D round led by Munich Re Ventures.
Clearlake Capital Group has agreed to buy front office insurance software-as-a-service business Zywave from Aurora Capital Partners.
Blackstone's opportunistic investment arm Tactical Opportunities has taken part in a $500m investment in Ki, a newly-formed digital business specialising in commercial insurance and reinsurance.
Canadian private equity house Novacap has scored its second buyout of the week after agreeing to pick up a majority stake in insurance business GroupAssur.
US private equity house Thomas H Lee Partners has bought NexPhase Capital portfolio business Insurance Technologies after six years in the latter's portfolio.
Private equity major TPG has taken part in a S$2.7bn ($2bn) buyout of insurance giant Aviva's Singapore business.
