Jensten Group has agreed to acquire Glasgow-based Kelvin Smith Insurance, strengthening its footprint in Scotland with its third acquisition in the region this year. The transaction, which remains subject to regulatory approval, adds approximately £22 million in gross written premium (GWP), 3,000 clients, and 30 employees to the group.
Ascend has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe as the insurance industry’s first fully vertically integrated financial operations platform.
Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures and 360 ONE Asset Management for ₹3,500 crore (approximately $389 million), marking a significant expansion of its presence in India’s life insurance market.
Specialty re/insurance group Aventum has completed its first managing general agent (MGA) acquisition, purchasing marine underwriting specialist Post & Co as part of its strategy to build a leading independent specialty MGA platform.
Amwins has completed its acquisition of specialist energy and infrastructure broker NARDAC, taking full ownership of the business and integrating it into a newly rebranded energy, power and infrastructure practice as it looks to expand its position in a rapidly evolving market.
Etiqa Insurance Singapore and AIA Singapore have partnered to enhance the availability of Shariah-compliant insurance solutions, marking a significant step toward greater inclusivity in Singapore’s insurance market.
