Acrisure acquired Beach & Associates from Aquiline Capital Partners.

Acrisure, which provides insurance brokerage services in the United States, acquired Beach & Associates, which provides reinsurance brokerage services, from Aquiline Capital Partners. Financial terms were not disclosed. “It is difficult to imagine a more suitable way for us to transform from private equity ownership than to become part of such an extraordinary business as Acrisure. The cultural fit is remarkable, our business ambitions are aligned and we have a deep regard for Acrisure’s management team and their strategy. This transaction gives both us, and our clients, long term clarity and we are excited about being afforded the support to pursue ambitious growth plans. Aquiline has been a deeply supportive investor and we are grateful for their contribution to our success so far.” Grahame Millwater, Chief Executive Officer of Beach.