The Standard has acquired the Life & Disability business from Elevance Health, marking a strategic move to enhance its insurance offerings.
Information on the Target
The Standard successfully completed the acquisition of the Life & Disability business from Elevance Health. This transaction aligns with the previously announced agreement on March 28, 2023, signifying a strategic move to enhance The Standard's offerings in the life and disability insurance sectors.
This acquisition is crucial as it bolsters The Standard’s market position and expands its product portfolio, enabling the company to provide more comprehensive solutions to its customers.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
The life and disability insurance industry in the United States has experienced significant growth in recent years, driven by increasing awareness of the importance of fin
Similar Deals
SOL Global Investments Corp. → McQueen Labs Inc. (MCQ Markets)
2025
Mizuho Financial Group, Inc. → Asset Management One USA Inc.
2024
Dayforward → Commercial Travelers Life Insurance Company
2023
First Citizens BancShares → Silicon Valley Bridge Bank
2023
The Standard
invested in
Life & Disability business from Elevance Health
in 2023
in a Corporate VC deal