The Justice Department's Antitrust chief Jonathan Kanter is misguided in his comments about the Private Equity industry. Mr. Kanter ought to look to the Federal Reserve for perverting markets through its actions over the past decade-plus, especially during the April 2020-March 2022 period. If Mr. Kanter wishes to place blame somewhere place it at the … Continue reading The Fed Is To Blame, Not Private Equity
AWS, Azure and Google Cloud are poised to drive vertical M&A for years to come. By vertical M&A we refer to M&A transactions that would enable to AWS, Azure and Google Cloud to build a footprint at the application layer across various industry verticals. The obvious acquisition targets would be customers and partners of AWS, … Continue reading The Big 3 Cloud Giants Are Poised To Drive M&A
Technology platform companies include more than Alphabet, Amazon, Apple, Facebook and Microsoft. We contemplate a few FinTech platform companies below. PayPal (ticker: PYPL): A "Payments" platform company that re-invented itself by acquiring another payments company - Venmo - that was built on top of another platform company - Facebook. The architect that drove PYPL's strategy … Continue reading Technology Platform Companies Include More Than The Usual Suspects
We expect that Claims Processing technology providers will merge with one another (P&C with Health & Life) as well as with Policy Administration technology providers to better serve insurance company customers as insurance M&A continues its rapid pace (See the Chubb / Cigna A&H deal HERE). One hypothetical M&A example would be Solera (P&C) merging … Continue reading Insurance M&A Will Drive InsurTech M&A
We published our TEK2day Spotlight report - The Evolving Insurance Industry - a few weeks ago. We hosted a follow-up podcast episode with two of the SS&C Technologies (ticker: SSNC), executives that were involved with that effort. You may view the video podcast at the YouTube link below. If any difficulties, simply visit CEORater's YouTube … Continue reading TEK2day Podcast Ep. 441: Insurers & Alternative Asset Investing with SS&C Technologies
American National Group to Be Sold to Brookfield Reinsurance The WSJ reported that American National Group (ticker: ANAT), is to be sold to Brookfield Reinsurance (ticker: BAMR), for approximately $5 billion. Click HERE to read our recent Spotlight report: "The Evolving Insurance Industry".
TEK2day Spotlights are sponsored reports that focus on a particular industry and/or technologies. M&A Activity & Low Interest Rates, Product & Process Innovation and Digital Transformation & Advanced Automation are some of the catalysts driving change within the global insurance industry. Click HERE to access the full report. Reach us at email@example.com with any questions.
Financial/Professional services firms Aon (ticker: AON) and Willis Towers Watson (ticker: WLTW) mutually agreed to end their proposed $30 billion combination. It will be interesting to see if the new Biden Administration takes a tougher stance not only on Technology combinations, but as it relates to sizeable proposed M&A transactions across industries. The insurance industry … Continue reading Insurance Giants Aon and Willis Towers Watson Scrap Their Merger
Tickers Mentioned: Roper Technologies (tkr: ROP); SS&C Technologies (tkr: SSNC); Verisk (tkr: VRSK) Private Equity has ramped its exposure to the Life Annuity Insurance industry over the past decade with PE-owned or PE-sponsored insurer's admitted assets growing from $67.4 billion in 2011 to $604.1 billion at year-end 2020 (per AM Best), a 9x increase. If … Continue reading Private Equity and Life Annuity Insurance
With RPA pure play UiPath's (tkr: PATH) recent IPO and lofty valuation we suggest investors consider less expensive Enterprise Software companies that incorporate Robotic Process Automation ("RPA"), into their broader offerings. Pegasystems (tkr: PEGA) and SS&C Technologies (tkr: SSNC) come to mind. See below for links to additional TEK2day articles that cover RPA, IPA ("Intelligent … Continue reading A Cheaper Way To Play RPA