Newfront Insurance completed the merger with ABD Insurance and Financial Services in a $1.35bn deal.

Newfront Insurance, a technology-enabled insurance brokerage firm, completed the merger with ABD Insurance and Financial Services, an innovator in employee benefits, insurance and financial services, in a $1.35bn deal. "We are intent on modernizing insurance and transforming it into something effortless that delights clients, insurance professionals, and trading partners. By combining Newfront's technology platform and data analytics capabilities with ABD's world-class insurance professionals, we set a new standard for risk management and employee wellbeing and engagement," Spike Lipkin, Newfront CEO.