acrisure News

Malloy Appointed President of Acrisure’s Specialty Division

Caledonia, Michigan-based retail consulting and insurance brokerage, Acrisure, has appointed industry veteran William Malloy as president of its Specialty Division. Malloy has extensive leadership experience in the insurance industry, spending over a decade with AIG where he held various executive …

Good and Bad of Private Equity Investment in Insurance Agencies

It takes a lot of capital for an insurance agency to grow, acquire, merge or partner with another agency, and increasingly, private equity firms are stepping up to the plate to supply that funding. Although the number of reported mergers …

Acrisure Names Sherman as Strategic Advisor

Grand Rapids, Mich.-based Acrisure LLC has named D. Michael Sherman as strategic advisor, reporting to Greg Williams, CEO and president of the rapidly growing insurance broker. Sherman brings more than 40 years of experience in the insurance industry to his …

Acrisure, Genstar Complete $2.9B Management-Led Buyout

Acrisure LLC, a national insurance brokerage based in Grand Rapids, Mich., and private equity firm Genstar Capital announced the completion of a previously announced management-led buyout of the company. The $2.9 billion transaction was led by Greg Williams, Acrisure’s chief …

Tuit Joins Michigan-Based Acrisure as CFO

Caledonia, Mich.-based retail insurance brokerage, Acrisure LLC, announced that Dave Tuit has joined the firm as chief financial officer. Tuit has more than 20 years of leadership in finance and accounting, mergers and acquisitions, operations management, and strategic planning. Most …

Genstar Capital Acquires Michigan’s Acrisure

San Francisco-based private equity firm Genstar Capital LLC has acquired Acrisure, a large retail insurance brokerage headquartered in Grand Rapids, Mich. Acrisure’s product lines include property and casualty, employee benefits and related third party administrator services, human resource outsourcing, loss …