Reinsurance News
Acrisure
Acrisure establishes Southwest Region
26th October 2023
Global fintech company, Acrisure, has announced the formation of its Southwest Region, which will be centred around offices in Los Angeles and Orange County, and led by long-time Acrisure Partner Patrick Thomas. The firm explains that now, partners in Southern California, Nevada, Arizona, and New Mexico will operate as Acrisure and ... Read the full article
Acrisure acquires award-winning MGA Modus
7th September 2023
Global insurance broker Acrisure has announced the acquisition of Modus Underwriting Ltd (Modus), an award-winning, technology driven, Managing General Agent (MGA). Modus is an insurance provider that unites traditional insurance disciplines with cutting-edge technology to offer fully automated, e-traded insurance products for its partner brokers. Modus will be part of Acrisure ... Read the full article
Acrisure Re expands corporate advisory & solutions with senior appointments
29th August 2023
Acrisure Re, the (re)insurance division of global fintech Acrisure, has appointed Steve Ryland as Global Head of Legacy and Thomas Deane as Head of Investment Banking to its corporate advisory and solutions division (ARCAS). According to Acrisure, the pair will work alongside the rest of the ARCAS team to expand the ... Read the full article
Acrisure forms New York Region, Bradley & Colby to serve as Managing Partners
9th August 2023
Fintech leader Acrisure has announced the formation of the company's New York Region under the Acrisure brand, which is set to be led by Managing Partners Kathleen Bradley and Brian Colby. Across the last decade, Acrisure has grown from $38 million to over $4 billion in revenue and acquired more than ... Read the full article
Acrisure acquires TEn Insurance Services
8th June 2023
Global insurance broker Acrisure has announced its acquisition of TEn Insurance Services Ltd. (Ten). Under the terms of the acquisition, TEn will go to market as Eleven Network. The transaction is expected to close in the near term, pending FCA regulatory approvals. Since 2005, the company has been providing services for industry ... Read the full article
Acrisure announces rebrand with the aim to unify its subsidiaries under one umbrella
22nd May 2023
Acrisure has announced that it will begin to unify under a single brand to best represent its status as a global fintech company that offers multiple financial products and services. The company will organize by geographic region and operating platforms led by existing Acrisure Partners. The rollout of the platforms and ... Read the full article
Acrisure acquires Portuguese insurance broker Universalis
17th May 2023
Financial technology and insurance company Acrisure has signed an agreement to acquire Portuguese insurance broker Universalis. According to Acrisure, the transaction is under review by the Portuguese Regulator (ASF) and will complete subject to their approval. Greg Williams, Co-Founder, Chairman and CEO Acrisure, commented, “Universalis boasts an impressive track record of growth ... Read the full article
Italian retail insurance broker Double S rebrands to Acrisure
21st April 2023
Italian retail insurance broker Double S Insurance Broker S.p.a. (Double S) rebranded to Acrisure, effective immediately. Acrisure, global insurance broker and fintech leader, entered the Italian market in 2021 through a partnership with Double S. In the future, the team of Double S will operate under the name of Acrisure and serve ... Read the full article
Acrisure recruits Marsh executive David Bruce
20th April 2023
Financial technology and insurance company Acrisure has appointed David Bruce as Chief Executive Officer (CEO) Networks & Chief Operating Officer UK Retail. Bruce arrives from Marsh, where he has served as CEO for the broker’s commercial arm since 2021. He joined Marsh Commercial in 2018 as Chief Operating Officer and has held ... Read the full article
Acrisure enters Central and Eastern Europe with acquisition of Unlink Group
5th April 2023
Global insurance broker and Fintech leader, Acrisure, has announced its acquisition of Unilink Group, the largest insurance distribution platform in the Central and Eastern European (CEE) region. By completing this acquisition, Acrisure will obtain over 1,300 colleagues across Poland, Bulgaria, Romania, Czech Republic, Slovakia and Moldova, as well as clients within ... Read the full article
Acrisure Re names Chris Jones Head of Marine & Space
20th March 2023
Acrisure Re, the reinsurance division of global insurance broker Acrisure, has appointed Chris Jones as Head of Marine and Space. An experienced veteran within the industry, Jones joins Acrisure Re from Ed Broking, where he previously held the role of Managing Director Marine R/I. Moreover, in February, Acrisure launched a new ... Read the full article
Acrisure hires Mathias Pahl from WTW to lead new DACH operation
28th February 2023
Global insurance broker Acrisure has launched a new subsidiary covering the German, Austrian, and Swiss markets, which will be led by Mathias Pahl, who joins from WTW. Pahl will serve as President of the new subsidiary, Acrisure Deutschland GmbH and Head of DACH with immediate effect. He will be tasked with ... Read the full article
Acrisure acquires Affinity Brokers
19th January 2023
Fintech leader, Acrisure has acquired Affinity Brokers Limited. The transaction is expected to close in the near term, pending FCA regulatory approvals. Founded in 2010 by Scott Meechan and Yvonne McKnight, Affinity is a commercial insurance broker based in Glasgow, Scotland. Over the years, the broker has grown and developed a well-established specialism ... Read the full article
Acrisure expands insurance leadership team
13th December 2022
Fintech firm Acrisure has expanded its insurance leadership team. The firm said in a statement that the updated team includes Matthew Kirk, president for North American retail; Andy Schutt, head of global insurance operations; and Bob Arowood, president for north American P&C wholesale. It also includes Steve Brown, head of private risk ... Read the full article
Acrisure appoints Boyd as active underwriter for Flux Syndicate at Lloyd’s
30th November 2022
Global insurance broker and fintech platform, Acrisure, has appointed Richard Boyd as active underwriter for Flux Syndicate at Lloyd's. Boyd joins Acrisure from Allianz Risk Transfer (ART), having begun his career there in London in 2005, and moving to ART Bermuda in 2008. Boyd subsequently became head of insurance-linked markets at the ... Read the full article