Merger • Insurance

Insure Homes Acquires Access Re

On December 31, 2020, Insure Homes acquired insurance company Access Re

Acquisition Context
  • This is Insure Homes’ 2nd transaction in the Insurance sector.
  • This is Insure Homes’ 4th transaction in the United States.
  • This is Insure Homes’ 1st transaction in New Jersey.

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M&A Deal Summary

Date December 31, 2020
Target Access Re
Sector Insurance
Buyer(s) Insure Homes
Deal Type Merger

Target Company

Access Re

Westfield, New Jersey, United States
Access Re is an independent global reinsurance intermediary that specializes in indexed-based reinsurance products, alternative risk solutions, and traditional retrocession products. Access Re is based in Westfield, New Jersey.
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Buyer Overview 1

Buyer

Insure Homes

Jacksonville, Florida, United States

Category Company
Founded 2020
Sector Insurance
DESCRIPTION

Insure Homes is a specialty insurance holding company that has served homeowners. Insure Homes leverages proprietary data to generate stable recurring revenues through its network of independent agents and operates an asset-light model working with its reinsurance partners to limit retained risk. Insure Homes was formed in 2020 and is based in Jacksonville, Florida.


Deal Context for Buyer #
Overall 4 of 6
Sector: Insurance 2 of 4
Type: Merger 4 of 4
State: New Jersey 1 of 1
Country: United States 4 of 6
Year: 2020 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-31 Cornerstone Operations

Lancaster, Pennsylvania, United States

Cornerstone Operations is an IT implementation and administration software company. Cornerstone Operations are experts at powering the insurance back office, and to build a solid foundation on which to manage alternative and traditional insurance programs. Cornerstone Operations is based in Lancaster, Pennsylvania.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 Cypress

Jacksonville, Florida, United States

Cypress is a holding company that owns managing general agent and insurance carrier subsidiaries, which have served homeowners throughout the Southeast and Gulf Coast. Cypress was founded in 1998 and is headquartered in Jacksonville, Florida.

Buy -