InsurTech Center

Insurance M&A: Unraveling SPAC mania and InsurTech investment

Digital transformation and competition will continue to fuel blockbuster deals as the industry emerges from the pandemic.

By Mark Breading | March 30, 2021 at 12:00 AM

The past six to twelve months in insurance have seen a historic level of activity for mergers and acquisitions, new investments, and public offerings. It seems like every type of entity in the insurance world has been swept up in this trend.

The M&A trend in the distribution space accelerates as it continues. InsurTech investments were at all-time highs in 2020 and picked up steam throughout the year that now continues into first-quarter 2021. Initial public offerings (IPOs) and SPACs (special purpose acquisition companies) are being used as vehicles for investment by incumbents and startups alike.

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