Penn‑America Underwriters (GBLI) Acquires Sayata
September 2, 2025
Penn‑America Underwriters, a subsidiary of Global Indemnity Group (NYSE: GBLI), has completed the acquisition of Sayata, an AI‑enabled digital distribution marketplace for commercial insurance. The deal is intended to expand Penn‑America's distribution, product portfolio, and technology capabilities to accelerate digital distribution and agency operations.
- Buyers
- Penn‑America Underwriters, LLC, Global Indemnity Group, LLC (GBLI)
- Targets
- Sayata
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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