Acrisure completed the acquisition of Tulco’s AI insurance business for $400m.

Acrisure, an insurance brokerage, completed the acquisition of Artificial Intelligence insurance business of Tulco, an alternative investing platform, for $400m. “We’ve worked with the Tulco team for almost a year and our vision for Acrisure and the industry are completely aligned. Tulco’s world-class talent and ability to apply AI and intelligent automation is immeasurable as it relates to meeting the needs of our clients and transforming our company. We’re very pleased to be working with the entire Tulco team as we take this transformational step with like-minded entrepreneurs. I’m excited about what we will create together,” Greg Williams, Acrisure Co-Founder, CEO and President.