Press Release: February 29, 2024
Grand Rapids, MI -- (February 29, 2024) -- Acrisure, a global Fintech leader, today announced a new division integrating its wholesale property and casualty businesses under the new brand "Wholesure".
The division will report into Grahame Millwater, Vice Chairman of Global Markets and International.
In addition to his role of overseeing all Acrisure's International and Reinsurance businesses and Acrisure's relationships with global carriers, Grahame will also lead Acrisure's Wholesale and Specialty business. This division will include Wholesure, MGAs and Programs, Third-party Administrators, Individual and Group Benefit Solutions, and various specialty businesses such as Aerospace, Trade Credit and Captives.
In a Strategic Advisory role, Bob Arowood will work alongside Grahame. Bob was the founder and President of Appalachian Underwriters, a business acquired by Acrisure in 2021. Bob's deep experience and relationships in wholesale and MGAs/Programs will prove invaluable support to Grahame and the rest of the team.
"The past twelve months was a year of transformation for Acrisure, particularly on the retail side of our business," said Greg Williams, Co-Founder, Chairman and CEO of Acrisure. "Through Wholesure and the experienced leadership of Grahame, Bob and others, we're taking that same approach to our large and successful wholesale, MGA and specialty business."
Wholesure: Organization and Leadership
Wholesure's Property and Casualty business will be led by Brian Fischer and will be supported by an experienced team of professionals:
- Brian Fischer, Managing Director, Wholesure P&C and Head of Growth – Central Region
- John Donahue, Head of Growth – Western Region
- Michael Demetriou, Head of Growth – Eastern Region
- Robb Williams, Head of Brokerage
- Rhonda Henze, Head of Contract Binding
- John Bures, Head of Cornerstone Underwriting Partners
Grahame Millwater commented: "Just as we are doing with the Acrisure branded retail businesses, under the Wholesure brand we are bringing together some unique wholesale and MGA/Program businesses with incredible entrepreneurial and experienced leadership. I am looking forward to working closely with Bob, Brian and the rest of the team to rapidly develop and grow what already is one of the largest wholesale businesses in North America."
About Acrisure
Acrisure is An Extraordinary Advantage℠ for millions of clients worldwide. The Company combines humans and high tech to deliver a broad array of products including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more. In the last nine years, Acrisure has grown in revenue from $38 million to $4.4 billion and today employs over 17,000 colleagues in over 20 countries. Acrisure expects to announce new developments in the near term. Follow the Company on LinkedIn.
