McGowan Acquires Limit to Enhance AI-Driven Insurance Solutions

September 24, 2025
The McGowan Companies has acquired Limit, an AI-enabled digital wholesale insurance brokerage, to expand its technology offerings and market reach.

The McGowan Companies has announced the acquisition of Limit.com, a leading AI-enabled digital wholesale insurance brokerage, announced in a press release. This strategic acquisition aims to enhance McGowan's technology offerings and expand its market reach.

Limit operates two divisions: Limit Wholesale and Limit AI. Limit Wholesale specializes in Cyber Liability and Technology E&O, providing a digital platform where retail insurance brokerages can access up to 100 insurance markets online. Limit AI offers digital risk management tools that allow brokerages to compare quotes and policies efficiently.

Following the acquisition, Limit will continue to operate under its brand within The McGowan Companies, with Shea McNamara leading the team. This move aligns with McGowan's growth strategy to empower retailers with faster market access and smarter risk management solutions.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Funding Brief, Finance AI Weekly or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI in Finance AI Brief AI Brief (X)

More from: Funding

11/13
DataCamp Acquires UAE-Based Optima and Launches Free Access Program for Educators
11/13
Cursor Raises $2.3 Billion, Valued at $29.3 Billion
11/13
Partner Robotics Raises Series A Funding to Expand Construction Robot Deployment
11/12
Diversis Capital Merges Genesis Automation Healthcare, Kermit, and Meperia
11/12
ABK Biomedical Raises $35 Million in Series D Funding Led by J.P. Morgan Life Sciences

More from: Finance

11/11
Rivvit Data Now Available in Snowflake AI Data Cloud
11/10
Fintradix Partners with Japanese Fintech Firms to Drive AI-Powered Trading
11/10
Advanced Fraud Solutions Develops AI That Learns from Fraudsters’ Tactics
11/10
Atrium Launches AI Credit Intelligence Platform for Bank and Real Estate Analysis
11/10
Searel Investment Alliance Launches Fintech Research Institute for Ethical AI in Finance

Subscribe to AI Funding Brief

AI Token Webinar

Market report

AI’s Time-to-Market Quagmire: Why Enterprises Struggle to Scale AI Innovation

ModelOp

The 2025 AI Governance Benchmark Report by ModelOp provides insights from 100 senior AI and data leaders across various industries, highlighting the challenges enterprises face in scaling AI initiatives. The report emphasizes the importance of AI governance and automation in overcoming fragmented systems and inconsistent practices, showcasing how early adoption correlates with faster deployment and stronger ROI.

Read more

You May Also Like