Acrisure announced it will implement layoffs to its accounting workforce beginning in early 2026, citing advancements in technology and artificial intelligence.
The company said 400 employees will be affected by the layoffs.
“This was not an easy decision, as it affects colleagues who have given so much to our company and our community,” the company said in a statement. “Acrisure’s ability to lead change has always been one of our greatest strengths, and these changes are necessary for us to remain competitive, strong, and able to deliver what our clients expect from us.”
Acrisure said it remains committed to its home state of Michigan, where the company employs about 2,000 workers.
The Grand Rapids, Michigan-based insurance broker is No. 3 on Insurance Journal’s 2025 Top 100 independent property/casualty agencies. Acrisure reported P/C revenue of $2.83 billion in 2024.
In 2020 Acrisure acquired AI company Tulco LLC’s insurance intelligence business. Acrisure said at the time of the acquisition that it would use AI capabilities to innovate in product development and insurance sales and marketing across its global network of commercial property and casualty, life and employee benefits brokerages. The deal was valued at approximately $400 million.
Earlier this year Acrisure announced it secured $2.1 billion in funding towards strategic M&A and to accelerate its development as a tech-enabled financial services platform.
This is a breaking news story and will be updated.
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