October 2021
Market Update: Insurance – Q3 2021
Global M&A activity in the Insurance industry remained on record pace during the third quarter of 2021. Q3 activity outpaced that of Q2 with a strong rise in Insurtech transactions. Specifically, 40+ M&A transactions occurred within the Insurtech space in Q3, one of the highest deal counts in history.
The third quarter recorded 282 completed M&A deals in the broader Insurance industry. Deal volumes and valuations continue to increase in 2021, thanks to the ongoing adoption of cutting-edge technologies within the ecosystem driving reduced costs, as well as increased operational efficiencies and profitability. The M&A environment is expected to remain robust throughout Q4, most likely closing the year with a record number of transactions closed and capital raised.
7MA has completed and is constantly working on a number of transactions with companies that operate in the Insurance and Insurtech sectors. Our team has developed unparalleled deal expertise and knowledge of the industry trends, valuation trends, and the most active strategic and financial buyers. Please contact Nicholas Prendergast, Steve Buffington, or Adam Alderfer if you would like to learn more about 7MA’s Insurance Technology and Services practice.