Acrisure Re, the reinsurance arm of global fintech company Acrisure, has announced the integration of its Capital and Captives division into its broader platform.
The move brings together more than 275 captive specialists across North America and Bermuda, combining an established captives business with the capabilities of a specialist reinsurance broker within a single structure.
The newly formed division, Acrisure Re Capital and Captives, is led by Seth Denson, Head of Captives, who reports to Simon Hedley, Global Chief Executive Officer of Acrisure Re.
According to the company, the integration strengthens its offering across three connected areas: reinsurance, including programmes; corporate advisory through Acrisure Re Corporate Advisory and Solutions; and capital and captives.
These capabilities are supported by the company’s global analytics and catastrophe modelling expertise, forming a coordinated platform designed to distinguish Acrisure Re from other reinsurance brokers.
Acrisure Re describes the Capital and Captives business as an already well-established operation across the United States and Bermuda, with considerable scale. The company views the integration as a strategic step aimed at enabling further growth.
Approximately 70% of the division’s activity is focused on the US Life and Health segment, particularly in alternative and self-insured medical plans, which are among the fastest-growing areas of the US health insurance market. The remaining 30% relates to Property and Casualty, which Acrisure Re has identified as an area for expansion.
Within the Property and Casualty market, Acrisure Re states that the Capital and Captives division will seek growth across both group and single-parent captives. The company plans to focus on sourcing opportunities, arranging reinsurance placements, and generating business for its reinsurance partners.
By combining captive structuring with reinsurance origination, Acrisure Re positions this offering as distinct from traditional reinsurance brokers and captive managers. The division is also expected to collaborate with issuing carriers to deliver comprehensive captive programmes for organisations pursuing self-insurance and alternative risk financing strategies.
The platform includes an established segregated cell capability, which Acrisure Re says allows for flexible and capital-efficient structures across both Life and Health and Property and Casualty lines, supporting solutions tailored to client risk profiles and business objectives.
Acrisure Re states that the Capital and Captives division provides services across the full programme lifecycle, including feasibility studies, programme design, captive formation and licensing, regulatory coordination, ongoing management, governance, actuarial support, and access to reinsurance and capital markets. The integration into the wider Acrisure Re platform is intended to give clients access to both structuring expertise and reinsurance placement capabilities within a single framework.
Simon Hedley, Global CEO of Acrisure Re, commented: “Capital and Captives is already a highly successful business, particularly in L&H, where it has built a leading position in one of the most dynamic growth segments in the US Bringing it into Acrisure Re creates something highly compelling: the platform, relationships, and reinsurance capabilities of Acrisure Re, combined with deep captive expertise and a proven track record. In P&C, we see a significant runway ahead, both in growing our captive programs and in creating meaningful flow for our reinsurance trading partners. Seth is the right leader to drive this next chapter, and I am confident in the strength of the team we have assembled around him.”
Seth Denson, Head of Captives at Acrisure Re, added: “We are entering this integration from a position of strength. Our Life & Health captive business is already a proven leader, not by replicating existing market solutions, but by addressing needs the market has historically overlooked. That level of insight and innovation, combined with the capabilities of Acrisure Re, positions us to scale even further.
“In the Property & Casualty market, the opportunity is substantial. As we have done in Life & Health, we will take a proactive approach to creating new opportunities, strengthening relationships with key issuing carriers, and developing tailored insurance solutions across both group and single-parent captive structures. Our segregated cell infrastructure adds a level of flexibility that differentiates us in how we design and deliver solutions. As part of Acrisure Re, we are fully equipped to build and scale a market-leading platform.”
