M&A Deal Summary

Swiss Re Corporate Solutions Acquires IHC Risk Solutions

On January 5, 2016, Swiss Re Corporate Solutions acquired insurance company IHC Risk Solutions from The IHC Group for 153M USD

Acquisition Highlights
  • This is Swiss Re Corporate Solutions’ 3rd transaction in the Insurance sector.
  • This is Swiss Re Corporate Solutions’ 2nd largest (disclosed) transaction.
  • This is Swiss Re Corporate Solutions’ 1st transaction in the United States.
  • This is Swiss Re Corporate Solutions’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2016-01-05
Target IHC Risk Solutions
Sector Insurance
Buyer(s) Swiss Re Corporate Solutions
Sellers(s) The IHC Group
Deal Type Divestiture
Deal Value 153M USD

Target

IHC Risk Solutions

Marlton, New Jersey, United States
IHC Risk Solutions LLC is a medical stop-loss underwriters in the United States.

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Buyer(S) 1

Buyer

Swiss Re Corporate Solutions

Zuerich, Switzerland

Category Company
Founded 2011
Sector Insurance
DESCRIPTION

Swiss Re Corporate Solutions Ltd. is a provider of innovative, high-quality insurance capacity to mid-sized and large multinational corporations across the globe.


DEAL STATS #
Overall 3 of 3
Sector: Insurance M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-05 Compañía Aseguradora de Fianzas S.A.

Bogota, Colombia

Confianza is a specialty insurer specializing in the field of insurance compliance ,seek to maintain leadership in the insurance market, through ongoing training of our employees, product development tailored to the needs of contractors and contractors, as well as decreasing risks through the application of new technologies in our internal and external processes.

Buy -

Seller(S) 1

SELLER

The IHC Group

Stamford, Connecticut, United States

Category Company
Founded 1980
Sector Insurance
Employees550
Revenue 444M USD (2020)
DESCRIPTION

The IHC Group is a provider of life and health insurance business products that sell products nationally through multiple channels, including digital, call center, and advisors, all of which utilize our CMS-approved Web Broker. The IHC Group was founded in 1980 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 1 of 3
Sector: Insurance M&A 1 of 3
Type: Divestiture M&A Deals 1 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2016 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-14 Figo Pet Insurance

Chicago, Illinois, United States

Figo Pet Insurance is an InsurTech company that offers a unique combination of comprehensive insurance policies to protect your pet in the event of injury or illness; as well as an industry-leading Pet Cloud. FIGO utilizes a highly engaging and mobile-friendly Pet Cloud that allows consumers to socially engage with fellow pet owners, find grooming and boarding locations, and discover other services within the pet ecosystem. Figo Pet Insurance was founded in 2013 and is based in Chicago, Illinois.

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