Reinsurance News
Acrisure
Acrisure Re bolsters leadership team with EVP, SVP appointments
8th November 2021
Acrisure Re, the re/insurance broker and fintech platform of Acrisure, has added Ian Wicks, as an executive vice president and Simon Arnott as a senior vice president. Wicks has been assigned to the firm’s London office and will report to partner Nigel Dane. His new role at Acrisure Re will focus on ... Read the full article
Acrisure expands into Brazil via It’sSeg takeover
21st October 2021
Insurance broker and fintech services provider Acrisure has announced plans to acquire It’sSeg, the largest independent benefit management and insurance broking firm in Brazil. The deal marks Acrisure’s entry into the Brazilian market and represents a substantial expansion of its Latin American operations. Founded in 2014 by Thomaz Menezes and the private ... Read the full article
Acrisure acquires Tempo Title
27th September 2021
Acrisure has acquired Tempo Title, a private Title Insurance and settlement service provider in the United States, which will mark Acrisure entrance into the real estate services business. Through this acquisition, Acrisure will establish Acrisure Real Estate Services, a new division to provide homeowners, lenders and investors a broad suite of ... Read the full article
Acrisure Re names leaders within corporate advisory & solutions division
20th September 2021
Acrisure Re, the reinsurance business of Acrisure, has announced several senior appointments within its corporate advisory and solutions division (ARCAS), all of which will report to Managing Director, Ben Canagaretna. Firstly, Nick Godfrey has been named as Head of Capital Markets, with responsibility for capital raising activities across ILS, funds at Lloyd’s ... Read the full article
Acrisure hires Lowell Singer as CFO
15th September 2021
Insurance broker and fintech services provider Acrisure has appointed Lowell Singer as Chief Financial Officer. He joins Acrisure following 14 years with The Walt Disney Company, where he served as Senior Vice President of Investor Relations. Singer will assume responsibility for the planning, management and execution of the company’s finance activities, reporting ... Read the full article
Acrisure enters partnership with Quotal
18th August 2021
Insurtech ecosystem specialist Quotall has entered into a strategic partnership with global insurance distribution business Acrisure. The partnership will see Acrisure provide insurance product sourcing and insurer partnership services to meet the portfolio needs of Quotall clients. The joint strategy will offer a consolidated solution for big brands across industry sectors that ... Read the full article
Acrisure names Grahame Millwater Head of Global Insurance
29th June 2021
In an effort to expand and transform itself into a broader fintech financial services company, insurance broker Acrisure has appointed Grahame Millwater its new Head of Global Insurance. Acrisure plans to align its core insurance broker business around Millwater’s leadership and further diversify its portfolio in 2021 and beyond. Millwater most recently ... Read the full article
Acrisure Re partners with Kovrr to launch cyber division
14th June 2021
Acrisure Re, the reinsurance division of global brokerage Acrisure, has announced the formation of a new London-based cyber reinsurance unit in partnership with cyber risk modeller Kovrr. The new division will be led by Cyber Practice Leader, Tom Quy, and will utilise data-driven risk analysis from Kovrr. Kovrr’s modelling technology is designed ... Read the full article
Acrisure hires Mark McIlquham as President of UK Retail
21st May 2021
Insurance broker and fintech services provider Acrisure has appointed Mark McIlquham as President of UK Retail, bringing over twenty years of experience to its international operation. McIlquham was most recently a Deloitte financial services executive, where he was responsible for leading complex audit, M&A, restructuring and regulatory projects. He has been a ... Read the full article
Acrisure Re launches international fac unit, led by Matthew Harvey
18th May 2021
Acrisure Re, the reinsurance division of global brokerage Acrisure, has announced the launch of an international facultative unit, to be led by Matthew Harvey as Senior Vice President. Harvey, who will be based in London, joined Acrisure Re on May 10th and will report to Acrisure Re Group Chief Executive Officer ... Read the full article
Acrisure names Doug Hodo as Director of Large Relationships
23rd April 2021
Insurance broker and fintech services provider Acrisure has announced the appointment of Doug Hodo as Director of Large Relationships. In this new position, Hodo will lead a team specializing in large customer relationships. Its aim will be to unify Acrisure’s direct sales efforts toward large companies seeking products and services in critical ... Read the full article
Acrisure hires Matthew Marolda as CIO
7th April 2021
Global insurance broker and fintech financial services provider Acrisure has appointed Matthew Marolda as its first Chief Innovation Officer. He will be focusing on business and growth opportunities aligned with Acrisure’s artificial intelligence (AI), data and technology platform. Marolda has spent his career using data and analytics to drive strategic, marketing and ... Read the full article
Acrisure forms asset management division, appoints Patrick Rogers to lead
30th March 2021
Insurance broker Acrisure has announced the launch of a new asset management division to be led by asset and wealth management veteran Patrick Rogers. Rogers will serve as president of the decision and brings with him a 35-year career having led both Gateway Investment Advisers and Quadrant Capital Group. He is now ... Read the full article
Acrisure closes $3.4bn capital raise
24th March 2021
Global re/insurance brokerage Acrisure has announced the successful closing of two transactions representing a significant $3.4 billion capital raise, led by merchant bank BDT Capital Partners. BDT led a $3 billion investment, via its affiliated investment funds, into the broker's Senior Preferred Stock. Additionally, a consortium of investors, which the broker says ... Read the full article
Beach & Associates rebranded to Acrisure
8th December 2020
Beach & Associates, the reinsurance brokerage arm of Acrisure, is to be rebranded as Acrisure Re and Acrisure London Wholesale, the company has announced. The rebrand comes as part of Acrisure’s increasing focus on technology and artificial intelligence, and follows the recent acquisition of AI firm Tulco’s insurance assets. Beach was originally ... Read the full article
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