Acrisure, a global fintech, has created a newly dedicated Life and Health (L&H) business segment falling under the company’s previously announced Wholesure division.
Wholesure comprises Acrisure’s Property & Casualty wholesale lines of business and now expands to include L&H.
Establishing the L&H segment will bring together numerous Acrisure Partners specializing in Life, Disability, Accident and Health, Enrolment Services and Employee Benefits TPA services, to work in lockstep with other partners within the Wholesure division.
The L&H business will be comprised of three distinct groups, Life & Disability, which includes organizations specializing in life & DI solutions both as wholesalers and retailers; Administrative Services and TPA’s Specialty Placement: which will consist of Acrisure’s employee benefits GA’s, stop loss GA’s, and Health Reinsurance MGU.
Seth Denson, currently the Head of Employee Benefits, Acrisure’s retail business, has been appointed to the additional role to lead the L&H Business.
Denson has over 24 years of experience specializing in employee benefits and risk management, helping clients prioritize and solve risk-related issues within their portfolios. He has had numerous leadership roles within Acrisure to shape its employee benefits strategy and product offering.
Grahame Millwater, Vice Chairman, Global Markets and International and Leader of Wholesure, commented, “Life and Health is an important specialty area for Acrisure and will play a pivotal role in Wholesure’s growth and market capabilities. Seth’s leadership in our employee benefits division makes him a perfect fit to lead this team. The experience that Seth and the individual practice leaders bring to this team is unmatched.”
The other three practice areas will be led by Laura Muka, Life & Disability Practice Leader; Tye Elliot, Administrative Services Practice Leader and Bob Croom, Specialty Placement Practice Leader.
Along with Matt Riordan serving as the Growth Leader for the Life and Health group and will work closely with the leadership team to develop strategic growth initiatives.
Denson concluded, “Combining all of Acrisure’s relevant specialty areas into one dedicated Life and Health team will allow us to better serve our clients with a consolidated experience.
“I appreciate Grahame and the executive team’s faith in me to lead this business segment, and look forward to working with Laura, Tye, Bob and Matt as we look to grow our reach and serve more clients in 2024 and beyond.”
