Articles by Gillian Tan, Katherine Chiglinsky, Sarah McBride and Katie Roof

Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg

Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with Reinvent Technology Partners, a special purpose acquisition company that …

Next Funding Round for Next Insurance May Double Insurtech’s Valuation to $2.25 Billion

Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 …

Online Used Car Retailer Shift Talking Merger With Insurance Acquisition

Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp., according to people familiar with the matter. The companies could announce a transaction within a month, said the people, who …

Bain, Vista Said to Be Weighing Sale of Software Firm Vertafore. Could It Bring $5 Billion?

Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore Inc., according to people familiar with the matter. The Denver-based company could be worth up to $5 billion in a …

AIG Is Seeking More Than $200M for Manhattan Hotel

AIG Global Real Estate is seeking buyers for a Manhattan hotel that could fetch more than $200 million, according to a person familiar with the matter. AIG has tapped Eastdil Secured LLC to find prospective buyers for the 310-room Embassy …