ANV Completes Acquisition of Open Lending

Acquisition expands ANV’s specialty platform with technology-enabled lending and insurance-backed credit solutions

NEW YORK--(BUSINESS WIRE)--ANV Group Holdings Ltd. (“ANV”), a global insurance intermediary platform, today announced it has completed its acquisition of Open Lending, a leading provider of insurance-backed lending enablement and risk analytics solutions for financial institutions. The transaction, originally announced on June 16, 2026, has received all required regulatory approvals. Open Lending is now a privately held company.

Founded more than two decades ago, Open Lending partners with financial institutions to help expand access to automotive financing through its proprietary risk decisioning technology and insurance-backed credit solutions. The acquisition expands ANV’s specialty platform by adding a differentiated lending enablement business that complements its insurance expertise and broader growth strategy.

“We are pleased to welcome Open Lending to ANV,” said Adam Karkowsky, Chairman and Chief Executive Officer of ANV. “This acquisition advances our strategy of building market-leading, specialty underwriting businesses and further strengthens our insurance-backed credit strategy. Open Lending’s capabilities complement our specialty platform, and we look forward to supporting its continued growth as part of ANV.”

“We're proud of the business we’ve built and the trust our customers have placed in us,” said Jessica Buss, Chief Executive Officer of Open Lending. “We look forward to building on that foundation as part of ANV and continuing to help financial institutions manage risk and grow their lending portfolios.”

Together, ANV and Open Lending will build on their complementary strengths to help financial institutions expand access to credit while creating long-term value for customers, partners, and employees.

About ANV Group Holdings Ltd.

ANV Group Holdings Ltd. is an independent, global insurance intermediary platform operating across the United States, the United Kingdom and Europe. The company brings together a portfolio of established specialist MGAs, providing a diversified range of insurance products. For more information about ANV, visit http://www.anvinsurance.com.

About Open Lending

Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders throughout the United States. For over 25 years, Open Lending has been empowering financial institutions to create profitable auto loan portfolios with less risk and more reward.