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Acrisure Acquires MGA and Wholesale Insurance Distribution Firm Appalachian Underwriters.

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Vincent

MANews-(C)2009-2022

Michigan, US-based insurance broker Acrisure has acquired US-based Appalachian Underwriters, a national managing general agency and US administrator claims, a third-party administrator, in addition to affiliated entities.

With a model that encompasses both an MGA and wholesale distribution, Appalachian places more than USD 400m gross written premium into the insurance market.

Core business divisions of Appalachian include Workers' Compensation, Commercial Specialty, Personal Lines and Transactional Wholesale.

Among the largest independent MGAs, Appalachian's custom programs and underwriting facilities are distributed on a national basis and are supported by domestic carriers and Lloyd's of London.

Appalachian's massive distribution network will complement Acrisure's existing distribution model to further leverage and create opportunities.

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