Acrisure hires Ardonagh’s Scope to lead new Bermuda unitAcrisure has launched a wholesale broking division in Bermuda, with Paul Scope joining from Ardonagh Specialty to lead the unit.
Acrisure’s Flux syndicate applies for 80% pre-emption as it targets £250mn GWP in 2025The Acrisure-owned follow syndicate Flux 1985 aims to continue its rapid build-out in 2025 with an 80 percent stamp capacity increase, this publication understands.
NYSE vice chair and IPO leader John Tuttle to join Acrisure as presidentNew York Stock Exchange vice chairman John Tuttle is set to join Acrisure as president effective 1 September, with the Grand Rapids, Michigan-based firm widely tipped to go public in an IPO as it looks to continue to support its fast growth.
Acrisure hires Abu Dhabi Investment Authority’s Miller as CFOAcrisure has hired Aaron Miller as chief financial officer, assuming the role at the start of September from Jason DeYonker, who will remain at the broker as chief acquisition officer.
Navigating cyber insurance post-hard marketTom Quy, senior vice president at Acrisure London Wholesale, argues that the cyber market can thrive through prioritising innovation and collaboration as carriers transition from remediation to proactive problem-solving.
Acrisure in $1.875bn refinancing debt issueAcrisure is looking to issue $1.375bn of secured senior notes due 2030 and $500mn of unsecured senior notes due 2029 as part of a debt refinancing.
London Calling (Version Two)Acrisure’s John Sutton reflects on the evolution of the London healthcare market.
Acrisure expands UK regional footprint with two acquisitionsAcrisure has expanded its UK regional footprint through the acquisitions of credit insurance broker FinCred and Global Broking Solutions.
Acrisure grows Scottish footprint with WH&R McCartney dealAcrisure has continued to build out its regional footprint in the UK with the acquisition of Scottish insurance broker WH&R McCartney.
Acrisure granted modified TRO in lawsuit against six Woodruff hiresAcrisure has sued six executives that last month resigned to launch Woodruff Sawyer’s New York office, in a complaint stating that more than 20 customers have also departed, with a federal judge in Michigan granting a modified temporary restraining order after the case was removed from state court.
Acrisure rolls out final region as Midwest brought under Semotan’s leadershipAcrisure has formed its Midwest region under the leadership of managing partner Tina Semotan, marking its 11th and final region under the reorganisation it announced last year.
Acrisure launches Plunkett-led New England regionAcrisure has established its New England region, consolidating its operations in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.
Acrisure launches new Southeast regionAcrisure has announced the launch of its Southeast region, covering its operations in eight states and led by partner Dave Hoover.
Acrisure launches new Riley led aerospace divisionAcrisure has launched a new division catering specifically to the aerospace industry. Acrisure Aerospace is led by managing partner Jason Riley, and comprises various Acrisure businesses.
Woodlands files confidential prospectus for ’24 JP Morgan, Morgan Stanley-led IPOTexas-based retail broker The Woodlands Financial Group has filed a confidential prospectus with the SEC for a JP Morgan- and Morgan Stanley-led IPO, firing the starting gunon a public listing that is expected to occur in the next six months, The Insurer can reveal.
Acrisure establishes Northwest region with latest rebrand launchAcrisure has announced the establishment of its Northwest region, covering its operations in Alaska, Colorado, Idaho, Montana, Oregon, Utah, Washington, and Wyoming.
Acrisure to issue $925mn senior notes to refinance debtAcrisure is issuing $925mn of five-year senior unsecured notes to refinance its existing senior unsecured notes due in 2025 as it was also disclosed that the firm grew revenues to $4.5bn in the 12 months to September 2023, up from $3.9bn in 2022.
Acrisure hires former HSCM Ventures co-head Jones for intl and global markets roleAcrisure has hired former HSCM Ventures partner Adrian Jones as chief of staff for international and global markets, The Insurer can reveal.
Acrisure establishes new Southwest region led by Patrick ThomasAcrisure has consolidated its operations in Southern California, Nevada, Arizona, and New Mexico into a new Southwest region unit that will collectively operate under the Acrisure brand.
Flux Syndicate 1985 to pre-empt by 50% in 2024The Acrisure-owned Flux syndicate will see its 2024 starting capacity increase by 50.1 percent in only its second year of operation, The Insurer can reveal.