Latest Acrisure Headlines

All the headlines from our Acrisure Topic Page, ordered by recency.

Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business

Jul 29 2020 // Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of bringing data science, AI and machine learning capabilities to the...

Insurance Broker Acrisure Plans Michigan Expansion in Grand Rapids

Sep 26 2019 // Michigan Economic Development Corp. announced that Caledonia-based insurance broker Acrisure plans to invest $33 million in Grand Rapids to expand its future world headquarters in the western Michigan city. The project...

Firms Increasing Investments in Michigan Insurance Brokerage, Acrisure

Dec 10 2018 // Three firms are increasing their investments in Acrisure LLC, the Caledonia, Michigan-based insurance brokerage announced.Acrisure said a group of investors led by funds managed by Blackstone’s GSO Capital Partners...

Malloy Appointed President of Acrisure’s Specialty Division

Jun 13 2018 // Caledonia, Michigan-based retail consulting and insurance brokerage, Acrisure, has appointed industry veteran William Malloy as president of its Specialty Division.Malloy has extensive leadership experience in the...

Michigan-Based Broker Acrisure Completes Acquisition of UK-Based Beach

Mar 13 2018 // London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker.Having obtained all necessary regulatory approvals, Acrisure...

UK Broker Beach & Associates to Be Acquired by Michigan-Based Acrisure

Jan 10 2018 // London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders.These shareholders include Aquiline Capital Partners, a private...

Deal Activity on Record Pace: MarshBerry

Nov 20 2017 // Deal count is on record pace for the first nine months of 2017 (year-to-date, Sept. 30, 2017). There were 357 transactions during this period. By comparison, 334 transactions closed during the same year-to-date period in...

Florida Insurance Agents Recount Hurricane Irma’s Personal Impact

Oct 26 2017 // It’s been just over a month since Hurricane Irma hit Florida, and it won’t be forgotten in Florida by anyone anytime soon, especially not by those in the insurance industry.The powerful storm made landfall...

People – Midwest

May 15 2017 // Farmington Hills, Mic.-based Amerisure Mutual Insurance Co. hired Jayashree Ishwar as chief underwriting officer.Ishwar will be accountable for corporate underwriting, loss control, advanced analytics and product...

Sherman Named President of Michigan’s Acrisure

Apr 24 2017 // Acrisure LLC, a national retail consulting and insurance broker based in Caledonia, Mich., has named D. Michael Sherman as president.Sherman joined Acrisure in January as a strategic advisor, bringing more than 40 years of...

M&A Activity Continues at Industrious Pace: MarshBerry

Feb 6 2017 // Merger & acquisition activity in the insurance distribution space continued at an industrious pace throughout 2016, with 443 closed transactions. This was down from 456 in 2015, but still higher than previous years on...

Acrisure Names Sherman as Strategic Advisor

Jan 31 2017 // Grand Rapids, Mich.-based Acrisure LLC has named D. Michael Sherman as strategic advisor, reporting to Greg Williams, CEO and president of the rapidly growing insurance broker. Sherman brings more than 40 years of...

Reed Named General Counsel at Acrisure

Jan 6 2017 // Michigan-based Acrisure LLC has named Adam C. Reed as the company’s general counsel, effective Jan. 1.He succeeds John P. Iacono, who will retire later this year. Reed joined Acrisure in September 2016. He has 23...

Acrisure Acquires Alaska USA Insurance Brokers’ Commercial, Benefits Business

Dec 20 2016 // Acrisure LLC has acquired Alaska USA Insurance Brokers’ commercial insurance and employee benefits books of business.Terms of the deal were not disclosed. The new company will operate under the name Insurance Brokers...

Business Moves

Dec 19 2016 // Access Holdco Management has purchased the Massachusetts non-standard auto insurance book of business of Occidental Fire & Casualty Company of North Carolina from Occidental’s parent, IAT Insurance Group...

Acrisure, Genstar Complete $2.9B Management-Led Buyout

Nov 22 2016 // Acrisure LLC, a national insurance brokerage based in Grand Rapids, Mich., and private equity firm Genstar Capital announced the completion of a previously announced management-led buyout of the company. The $2.9 billion...

Business Moves

Nov 7 2016 // Verisk Analytics, Analyze ReData firm Verisk Analytics Inc. has acquired Halifax, Novia Scotia-based Analyze Re, a software analytics provider for the reinsurance and insurance industries founded in 2013. Analyze Re...

Acrisure in Michigan Announces Management-Led Buyout

Oct 21 2016 // Grand Rapids, Mich.-based Acrisure LLC has signed a definitive agreement for a management-led buyout of the company, led by Greg Williams, Acrisure’s CEO and co-founder, and a consortium of minority...

Merger and Acquisition Activity Sets New High-Water Mark

Feb 22 2016 // Merger and acquisition activity for 2015 set a new record with 456 deals, sailing past the previous high-water mark of 325 deals set in 2012, according to recent data. The fourth quarter closed with 104 announced...

Deal Activity Still Booming

Jan 25 2016 // Deal count for the third quarter of 2015 continued its record breaking pace with 89 announced transactions. Although it was the slowest quarter in 2015 (107 in 1st quarter and 99 in 2nd quarter), it was the most active...