Acrisure
Acrisure valued at $32bn in $2.1bn funding raise
US broking giant and Top 100 UK broker Acrisure has secured a $2.1bn (£1.57bn) capital raise in a funding round led by Bain Capital.
Exiting Esure owner Bain Capital tipped to lead on $2bn Acrisure investment
A group led by private equity house Bain Capital is in discussions with US-headquartered Acrisure, owner of Eleven Network and a Top 100 UK Broker, to invest up to $2bn (£1.49bn), Bloomberg has reported.
Sporting Sponsor: Acrisure and Nottinghamshire County Cricket Club
Insurance Age caught up with Mark McIlquham, CEO of Acrisure UK, to find out more about the business’s sponsorship of the Nottinghamshire County Cricket Club.
People Moves: 2 – 10 January 2025
Follow the latest insurance personnel moves.
Analysis: As we enter 2025 let’s ask one big question: ‘What will Marsh do next?’
Gallagher, Aon, Ardonagh and Howden have all had a busy 12 months in terms of consolidating their positions within the UK’s top five insurance brokers table. Their fellow intermediary powerhouse Marsh, however, has been comparatively quiet. Jonathan…
Review of the Year 2024: Acrisure UK’s Mark McIlquham
Mark McIlquham, CEO of Acrisure UK, expresses disappointment at high-quality independent intermediaries selling to consolidators; still thinks a big insurer might snap up a broker; and reckons his children would take delight in watching him take part in…
Roundtable: UK insurance broking – reshaping the future
As the post-Covid insurance-broking environment evolves, brokers are continuing to adapt to the new backdrop. A recent Insurance Age roundtable explored the challenges and opportunities, as brokers tackle today’s range of pressing objectives – and assess…
People Moves: 18 – 22 November 2024
Follow the latest insurance personnel moves.
Russell Scanlan relocates headquarters
Russell Scanlan has relocated from its long-term home at Wellington Circus to Grove House in West Bridgford.
News analysis: If PIB has reached an end game with Carlyle and Apax, what next?
As speculation mounts that PIB’s backers Carlyle and Apax want to cash in on their investments, content director Jonathan Swift explores how the broker’s strategy of overseas hubs and specialisms might dictate its value to new investors.
Top 100 UK Brokers 2024: Full table listing
Insurance Age is delighted to share its 2024 Top 100 UK Broker rankings supplied by Insuramore and sponsored by Open GI.
Claims – are brokers confident in insurers, MGAs and TPAs to deliver at the moment of truth?
Both the Financial Conduct Authority and Financial Ombudsman Service have recently highlighted issues around insurers and managing general agents outsourcing claims to third party administrators. Siân Barton examines whether brokers hold similar concerns…
Acrisure reveals top team at Eleven Network after senior departures
US broking consolidator Acrisure has moved to put in place a new leadership team at its Eleven Network arm, following a raft of senior departures as first reported by Insurance Age.
Senior quartet depart Acrisure-owned Eleven Network
Four senior directors have resigned from the Acrisure-owned Eleven Network it acquired 14 months ago, Insurance Age can reveal.
MGA “has to own its claims proposition” – Partners& boss
A panel at the Managing General Agents Association 2024 conference explained MGAs need to create a better claims proposition and own it.
Mike Dickinson named MD at Russell Scanlan
Mike Dickinson has been appointed managing director of Nottingham-headquartered Russell Scanlan with Bryan Banbury stepping down, but staying at the broker as chairman.
Eleven Network launches directly authorised offering with 125 members target
Acrisure-owned Eleven Network has launched an offering for directly authorised brokers, delivering on a promise made after the deal for appointed representatives specialist Ten.
Acrisure expands in southern England with two buys
Acrisure has snapped up two brokers backing Sutton Winson to boost its presence in southern England.
Acrisure expands in Scotland with WH&R McCartney buy
Acrisure has added to its reach in Scotland snapping up Motherwell-based WH&R McCartney.
Sutton reveals 25% growth in Acrisure sale year
Sutton Group grew turnover by 25% to £21.1m in the year it was snapped up by Acrisure.
Acrisure’s Russell Scanlan buys construction specialist BLG
Nottingham-headquartered Russell Scanlan has bought Leicester-based Building & Land Guarantees.