Warner Pacific Completes Acquisition of Five General Agencies from Acrisure - Insurance News | InsuranceNewsNet

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January 7, 2025 Reinsurance
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Warner Pacific Completes Acquisition of Five General Agencies from Acrisure

Business Wire

Companies Agree on Strategic Alliance to Better Serve Clients

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--
Warner Pacific, a trusted national General Agency for brokers nationwide, today announced that effective December 1, 2024, it has acquired five General Agencies from Acrisure, a global fintech leader empowering millions of businesses and individuals globally with solutions across insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and beyond.

Under the terms of the agreement, Warner Pacific will provide General Agency support to Acrisure’s North American Retail business while also gaining access to distribute Acrisure’s wholesale product suite across its vast broker network.

“Today marks an exciting milestone for Warner Pacific as we take another step toward becoming the leading wholesale benefits distributor across the US,” said Dave Nelson, Co-CEO of Warner Pacific. “We have gained talented teams and experienced leadership while expanding our national footprint, strengthening our distribution channels, and deepening our product offerings, all enabling us to serve our broker clients better. Warner is well positioned to enter its next growth phase,” said John Nelson, Co-CEO of Warner Pacific.

“Acrisure’s ability to deliver an extraordinary advantage to our clients runs deep in our DNA, and our strategic alliance with Warner Pacific now unlocks yet another layer of unique and extraordinary value for small and medium enterprise (SME) businesses,” said Acrisure’s Global Head of Benefits, Life & Health, Seth Denson. “Acrisure has built and refined a world-class retail and wholesale solutions suite that is steeped in technology, human intellect, creativity, and extraordinary partnerships. Our deeper alignment with Warner Pacific brings additional resources to our field while offering their clients access to our exclusive product solutions."

The five Acrisure General Agencies moving under Warner Pacific include:

  1. Employee Benefit Risk Management – Founded in 1987 and headquartered in Oak Brook, Illinois.

  2. Group Benefit LTD – Founded in 1995 and headquartered in Urbandale, Iowa.

  3. Professional Group Marketing – Founded in 1981 and headquartered in Brewster, New York.

  4. National United Brokers – Founded in 1989 and headquartered in Westerville, Ohio.

  5. Mature Health Services – Founded in 1984 and headquartered in Palatine, Illinois.

This strategic alliance underscores Warner Pacific’s and Acrisure’s mutual dedication to market expansion that enhances the benefits and services offered to its carrier and broker partners, and foremost to its clients.

Financial terms of the transaction were not disclosed.

About Warner Pacific

Warner Pacific is a nationally recognized General Agency (GA) and consulting partner, dedicated to empowering brokers across the United States. With over $10 billion in in-force premiums, servicing more than 80,000 in-force groups, and a team of 560+ professionals, Warner Pacific delivers unparalleled support and expertise. For over 40 years, Warner Pacific has provided comprehensive employee benefits solutions, compliance assistance, HR resources, and cutting-edge technology to insurance brokers and agents in California, Colorado, Oklahoma, Texas, Florida, and Minnesota. As a top-producing GA for many of the nation’s largest insurance carriers, Warner Pacific has forged strategic partnerships with over 80 carriers. Discover more at www.warnerpacific.com/

Warner Pacific is backed by Lovell Minnick Partners (“LMP”). LMP invests in growth-oriented companies and partners with leadership teams to accelerate value creation through organic growth and strategic acquisitions, positioning their businesses for long-term, sustainable success. To learn more about LMP’s partnership approach, sector expertise, investment criteria and experienced team, please visit www.LMPartners.com.

About Acrisure

A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, it connects clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and beyond. In the last eleven years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 17,000 colleagues in 21 countries. And this is just the beginning. To learn more, visit Acrisure.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20250107788634/en/

Warner Pacific

Dawn Baird
SVP Strategy and Integration

[email protected] / 800-801-2300

Media


Warner Pacific
Ben Howard
[email protected]

Acrisure


[email protected]

Source: Warner Pacific

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