acrisure News

Acrisure Continues Global Expansion With Acquisition of Spain’s Summa Brokerage

Michigan, U.S.-based financial services and insurance brokerage firm Acrisure reports it has acquired a top insurance brokerage in Spain, Summa Insurance Brokerage. Since its founding in 2005, Summa has grown revenues to more than €11.5m ($13m) and expanded its offices …

Acrisure Acquires Wholesaler Appalachian Underwriters

Financial services distribution firm Acrisure has acquired Appalachian Underwriters, a national managing general agency and third-party administrator, along with its affiliated entities. Oak Ridge, Tennessee-headquartered Appalachian places more than $400 million gross written premium into the insurance market through its …

Acrisure Acquires Parts of SUNZ Insurance Operations

Acrisure, a fintech company and insurance broker, has acquired the managing general agency and third-party administrator operations of Florida-based SUNZ Insurance, a workers’ compensation specialist, the company announced. The operations acquired in the transaction include Next Level Administrators, a third-party …

Acrisure Enters Brazilian Market with Purchase of Broker It’sSeg

Acrisure, the Grand Rapids, Mich.-based global insurance broker, announced it has signed an agreement to acquire It’sSeg, the largest independent benefit management and insurance broking firm in Brazil. The partnership with It’sSeg marks Acrisure’s entry into the Brazilian market and …

People Moves: Marsh’s Bauer to bolttec; Chubb’s Bryant to Resilience; Hartford’s Cromly to Insureon; Disney’s Singer to Acrisure

Marsh’s Bauer Moves to bolttech to Head MGA Effort Rob Bauer has joined bolttech’s executive leadership team as group chief managing general agent (MGA) officer, the insurtech announced. Based in the U.S., Bauer ill lead bolttech’s MGA strategy and capability …

Broker/Fintech Provider Acrisure Buys New York-Based Tempo Title

Acrisure, the global insurance broker and fintech services provider, announced it has entered the real estate services business through its acquisition of Tempo Title, one of the largest private title insurance and settlement service providers in the United States. Financial …

Insurtech Quotall Announces Strategic Partnership with Broker/Fintech Provider Acrisure

Insurtech ecosystem specialist Quotall announced it has entered into a strategic partnership with global insurance broker and fintech services provider, Acrisure. Under the partnership, Acrisure will provide insurance product sourcing and insurer partnership services to meet the portfolio needs of …

P/C Agency Mergers Rise 10% in First Half of 2021: OPTIS Partners

There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020. According to OPTIS Partners’ M&A report, It was the highest recorded total for the first half of the year. …

People Moves: 3 Promoted at Carpenter and Marsh; Chesman to McGill & Partners; Millwater Heads Global Insurance at Acrisure

These International People Moves detail appointments at four brokers: Marsh, Guy Carpenter, McGill and Partners, and Acrisure. A summary of these new hires follows here. Leading insurance broker and risk adviser Marsh, and its reinsurance broking subsidiary Guy Carpenter announced …

Acrisure Re Launches Cyber Reinsurance Division in Partnership with Kovrr

Reinsurance broker Acrisure Re has launched a London-based cyber division in partnership with cyber risk modeler Kovrr. Headed by Cyber Practice Leader Tom Quy, the new division will offer the market a fresh perspective on cyber reinsurance “by coupling the …