Australia’s AUB Group Ltd. (AUB) announced it has completed its acquisition of leading Lloyd’s wholesale broker Tysers from Odyssey Investment Partners. The acquisition, which was first announced in May 2022, has a purchase price of A$880 million (US$570.3 million) with …
Australia’s AUB Group has entered into a binding agreement to purchase UK insurance broker Tysers for A$880 million (US$615.2 million) from private equity firm Odyssey Investment Partners. AUB Group recently raised A$350 million (US$244.7 million) from existing institutional investors and …
Zurich Insurance Group accelerated the growth of Cover-More Group, its specialist global travel insurance and assistance solutions business, by entering into agreements to acquire the leading providers of traveler assistance in Latin America. The acquired businesses operate under the Travel …
Zurich, together with its travel insurance unit Cover-More, has completed the acquisition of Halo, a specialist, UK-based online rental car insurance platform. Financial details of the transaction were not disclosed. Zurich said it is becoming increasingly active in the fast-growing …
Zurich Insurance Group has successfully acquired Cover-More Group Ltd., a leading travel insurance and assistance solutions provider based in Sydney with a strong market position in Australia, India and the U.S. This transaction is an important milestone for Zurich as …
Switzerland’s Zurich Insurance Group has agreed to buy Australia’s biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian market. Global buyers have been drawn to the broader Australian insurance sector, where …
