M&A Deal Summary |
|
|---|---|
| Date | 2025-05-27 |
| Target | Definity - Personal and Commercial Insurance Business |
| Sector | Insurance |
| Buyer(s) | Travelers Companies |
| Sellers(s) | Definity |
| Deal Type | Divestiture |
| Deal Value | 2.4B USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1853 |
| Sector | Insurance |
| Employees | 32,967 |
| Revenue | 46.4B USD (2024) |
Travelers Companies is an insurance provider of property casualty insurance for auto, home and business. Travelers Companies was founded in 1853 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 11 |
| Sector: Insurance M&A | 9 of 9 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: Ontario M&A | 2 of 2 |
| Country: Canada M&A | 2 of 2 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-03 |
Corvus Insurance
Boston, Massachusetts, United States Corvus Insurance is a provider of commercial insurance products built on advanced data science, with an AI-driven approach to empowering brokers and policyholders to better predict and prevent loss. Corvus Insurance was formed in 2017 and is based in Boston, Massachusetts. |
Buy | $435M |
Definity provide a full range of property and casualty insurance services. Definity was founded in 1871 and is headquartered in Waterloo, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
