Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018
Beach confirms acquisition by Acrisure
- 10 January 2018
Beach & Associates, the reinsurance broker owned by Jeff Greenberg's private equity firm Aquiline, has confirmed its acquisition by US retail broker Acrisure.
Acrisure will take a 100 percent stake in Beach on completion of the deal, which is subject to regulatory approval.
The Insurance Insider broke the news of the Beach deal this morning.
Under the terms of the transaction, Beach will retain its name and management team, led by group CEO Grahame Millwater.
Acrisure, a Michigan-headquartered retail broker,...
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