Reinsurance News
Acrisure
Blackstone leads $2bn investment in Acrisure
11th December 2018
U.S investment giant Blackstone has led a $2 billion investment in U.S. insurance broker Acrisure via funds managed by its GSO Capital Partners and Tactical Opportunities businesses. The group of investors led by Blackstone also consisted of Partners Group and Harvest Partners SCF. Acrisure remains over 83% owned by its own management ... Read the full article
Acrisure appoints industry veteran William Malloy as President of Specialty
14th June 2018
U.S. insurance broker Acrisure has announced the appointment of industry veteran William Malloy as President of its Specialty Division. Malloy spent over a decade with AIG, serving in various executive positions in the U.S. and Europe. He then joined Marsh Inc. and held various leadership positions before serving as President from ... Read the full article
Acrisure finalises Beach takeover
13th March 2018
Reinsurance brokerage Beach & Associates has announced the completion of its acquisition by U.S. retail consulting and insurance broking group, Acrisure, LLC, after the receipt of all necessary regulatory approvals. The deal was initially announced in January 2018, and Acrisure has now acquired 100% of Beach's equity from existing shareholders, as ... Read the full article
Beach & Associates acquired by Acrisure
10th January 2018
Reinsurance brokerage Beach & Associates is to be acquired by U.S. retail consulting and insurance broking group Acrisure, LLC, who will acquire 100% of Beach’s equity from existing shareholders, including private equity specialists Aquiline Capital Partners. Beach will retain its name, identity and approach under the new ownership, operating as an ... Read the full article
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