Reinsurance News

Acrisure acquires two leading MSPs to expand its cyber services division

22nd July 2022 - Author: Jack Willard

Acrisure, a fast-growing fintech leader and insurance broking group, has acquired two Managed Service Providers (MSP) within its cyber services division: Catalyst Technology Group and ITS Inc.

acrisure-logoBased in Indianapolis, Indiana, Catalyst Technology Group offers small-and-medium (S&M) size businesses enterprise-class IT support with a specialty in streamlining processes for better customer ease.

Moreover, based in Bar Mills, Maine, ITS Inc. provides IBM system design, integration and consulting services to industries including manufacturing, distribution, healthcare and education.

Acrisure Cyber Services launched earlier this year, and since then it has quickly expanded its capabilities to offer complete cybersecurity protection to existing and new Acrisure clients.

At the same time, the service leverages best-in-class security products, modern AI techniques and cloud-native architecture to minimize clients’ risk.

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Through these new MSP partnerships, Acrisure clients will now gain access to a variety of products and services, inlcuding Microsoft products, licenses, and Azure Cloud services; Dell computers and components; Cisco networking equipment and software; 24-hour Microsoft help desk; IBM Hardware and Software products and services, and the engineering experience to install and support all the above.

Greg Williams, Co-Founder, Chairman and CEO of Acrisure, commented: “Catalyst and ITS are entrepreneurial organizations with strong leadership and deep customer relationships. Our clients will greatly benefit from an expanded Cyber Services offering with these capabilities added to our solution.”

Bill Meara, President, Acrisure Cyber Services, added: “Cyber risk is a threat to organizations of all sizes, but small and mid-size companies are especially vulnerable to increasingly sophisticated attacks. Additionally, cyber insurance carriers are raising the bar for minimum protection needed to secure coverage.

“We provide a single solution that is customized to their unique risk profile, size, industry and more. Now, with Catalyst and ITS we’ve created a holistic IT solution.”

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