Slipcase acquires rival youTalk-insurance as builds out UK footprint

Insurance-focused content aggregation provider Slipcase has acquired the client base of competitor youTalk-insurance as it looks to bolster its UK operations.

The acquisition will see the client base of youTalk-insurance transfer to Slipcase with the acquired platform ceasing to operate at the end of August.

Terms of the transaction were not disclosed.

Announcing the deal, Slipcase said the acquisition would further cement its position as the leading information and intelligence distribution platform in the UK and global insurance, risk and reinsurance market. 

Founder and chief executive Alex Hearn said the transaction was “a natural next step for Slipcase” following a decade of development in the UK.

“While our recent focus has been on international growth, seeing our audience more than triple in the past three years, the UK has always been a priority audience for our platform, and this takeover of youTalk-insurance’s assets represents just that,” Hearn said.

Paul Handleigh, Managing Director at youTalk-insurance said the transaction represented the successful conclusion of a 14-year journey.

“The Slipcase team is first-class, and in recent years the significant investment they have made in developing their own proprietary technology to become market-leading made our decision to sell to them an easy one to make,” Handleigh said. 

Handleigh continued: “We are excited that our clients and users will be able to benefit from the suite of advanced analytics and technology Slipcase has built. When added to their considerable global distribution, they will enjoy a preeminent position in terms of reaching insurance, reinsurance, and risk professionals.”

Slipcase positions itself as the digital meeting point between publishers, brands and the global (re)insurance community, with over 214,000 platform users and in excess of 100 industry partners.

The acquisition marks the latest milestone for Slipcase which launched in 2012. Earlier this year, Slipcase hired S&P’s Raphael Zindi as chief commercial officer.