Acrisure
-
The company’s book is being run off by Boost Insurance. -
-
Adrian Jones will report to Acrisure’s president of global insurance Grahame Milwater, a spokesperson for the broker confirmed Tuesday.
-
The question of how to finance the private brokers no longer begins and ends with a PE flip.
-
Inside P&C’s news team runs you through the key highlights of the week.
-
The pivot from the industry’s arch decentralizer underscores the opportunities brokers are chasing in a deteriorating operating environment.
-
The company will operate under a single brand as it moves away from its prior reputation as broking’s arch decentralizer.
-
Jennifer D’Arcy will be responsible for building out the carrier’s fac strategy for North America from London.
-
Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
-
Singer’s hire was perceived as an attempt to build out the finance function of the broker in a way which would make the firm public market ready.
-
The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
Related
-
Volante loses $17mn US TL capacity from MS Transverse
March 05, 2025 -
M&A Deal Update: The reluctant broker IPO race
January 28, 2025 -
Acrisure working on prefs raise as it lays groundwork for IPO
January 21, 2025 -
The jammed PE conveyor belt: Broking’s $200bn+ of trapped capital
December 11, 2024 -
Acrisure launches wholesale operation in Bermuda led by Scope
September 26, 2024