Acrisure Acquires MGA Business and Related Entities from SUNZ Insurance
Continues Acrisure’s Value Chain Transformation
The entities acquired as part of the transaction include Next Level Administrators, a third-party administrator; Watchpoint, a special investigation unit; Ascential Care partners, nurse case management and utilization review; Avalon, claims subrogation; and Accelevant Premium Audit.
With Acrisure’s strength in workers’ compensation and professional employer organizations (PEO), the acquisition will accelerate the Company’s ability to underwrite, package and distribute related risk premium through its global network of Partners. The MGA capability of SUNZ, combined with Acrisure’s investment in artificial intelligence (AI), will give greater insight into the workers’ compensation and PEO specialties.
“I’m extremely excited by this new Partnership and the possibilities it provides both companies as we build one of the largest financial technology companies in the market,” said
For
- Underwriting and claims expertise in a niche segment
- Assessment of specialized risk scenarios and ability to issue policies on behalf of clients
- Access to technology platforms that integrate with distribution channels and expedite the quoting and claims settlement processes for customers
“The SUNZ family of companies is proud to count ourselves as part of Acrisure,” said
Terms of the transaction were not disclosed.
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