Even amid a dampened market for dealmaking, Grand Rapids-based insurance brokerage Acrisure sees no end in sight to its M&A feasting.
In late May, the company announced a valuation of $23 billion following the closing of a Series B-2 funding round totaling $725 million in equity, firmly…
Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, announced it has acquired one of Spain’ s leading insurance brokerages, Summa Insurance Brokerage. “The partnership with Acrisure will be immensely valuable to us as we integrate their tech-driven approach and capabilities into our operations,” said Jose Antonio Vargas.
Acrisure to Drive UK Retail Expansion with Addition of Key Leader
Mark McIlquham, most recently a Deloitte Partner and Head of UK Financial Services Audit Assurance, joins as President, UK Retail
Acrisure, a top-10 global insurance broker and fintech financial services provider, today announced the hiring of Mark McIlquham as President of UK Retail. Most recently a Deloitte financial services executive, Mark brings over two decades of experience to Acrisure s growing international operation. Largely focused on the US retail insurance market, the Company has recently expanded into adjacent territories as well as markets such as Asset Management. McIlquham begins with Acrisure on August 1
How A National Insurance Agency And Political Insiders Work New Jersey’s Money Game
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Acrisure, a multi-billion dollar national brokerage firm, may have secured government contracts worth millions of dollars by exploiting a loophole in New Jersey’s pay-to-play rules through the acquisition of branch offices once owned by well-connected political insiders that remain on the payroll.
Those insiders, and its company employees, subsequently pumped more than $100,000 worth of campaign donations to lawmakers dating back to 2015 and sometimes days before those lawmakers voted on awarding lucrative contracts to Acrisure.
Gothamist/WNYC found more than $3 million worth of Acrisure contracts with those county and municipal governments going back 2015, and that only includes about half of the contracts where their value has been publicly disclosed.