News

Top 5 Insurance M&A Deals in Q4 2020

The five major deals accounted for 100% of the fourth quarter’s total deal value, with the largest deal being the $3.94 billion acquisition of Metlife Auto & Home Insurance Agency by Zurich Farmer’s Group and Farmer’s Exchanges.

P-C InsurTech Funding Hits Record $4.7B in 2020

The billions invested in property-casualty InsurTechs last year is a sign that this sector of the industry will continue to grow, especially in the post-COVID-19 world.

President Biden Unveils COVID-19 Relief Plan

President Biden outlined his “American Rescue Plan” providing further COVID-19 relief to the nation. The proposal provides an additional $1.9 trillion in relief, including an additional $50 billion to small businesses.

SBA and Treasury Restart PPP for Small Businesses

Update: The program will re-open the loan portal to Paycheck Protection Program-eligible lenders with $1 billion or less in assets for first and second draw applications tomorrow, Friday, Jan. 15 at 9 a.m. ET.

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