Bain News

More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain

Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and mergers and acquisitions will help them get there as it did in 2020, according to a Bain & Co. report. “We anticipate that …

After Amazon Conquers Banking, Insurance Could be Next

Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger adults and those …

UK Auto Insurer Direct Line in Play as Private Equity Groups Circle

Direct Line, the UK’s largest motor [auto] insurer run by government-owned Royal Bank of Scotland, is a takeover target for private equity groups looking to pre-empt what would be one of the biggest initial public offerings in London this year. …

Bain Joins UK’s Miller from Marsh

UK broker Miller Insurance Services announced that it has appointed Samantha Bain to “further strengthen its major UK and European corporate client offering. Ken MacDonald indicated that the appointment is a reflection of continued success for Miller in this area. …