Acrisure London Wholesale (ALW), the wholesale arm of Acrisure, has partnered with Madanes, an insurance coverage dealer in Israel.
Madanes employs greater than 300 people and gives a wide selection of reinsurance companies to varied sectors together with business, commerce and personal purchasers.
For the reason that initiation of this partnership, ALW has facilitated Madanes’ entry into the Lloyd’s and broader London insurance coverage markets, permitting for brand new methods in complicated and specialised placements.
The collaboration has yielded a number of profitable placements, demonstrating the benefits of combining Madanes’ native data with Acrisure’s worldwide attain.
Acrisure London Wholesale managing director Tom Quy mentioned: “Madanes is a revered and long-established dealer with a status for deep experience and powerful shopper relationships.
“We’re excited to be working alongside their crew as we proceed to develop our worldwide presence. The success now we have seen to this point – particularly in navigating the Lloyd’s market – demonstrates the facility of this partnership in delivering significant outcomes for purchasers.”
Via this partnership, Madanes is utilising ALW’s broking experience, entry to international assets and analytical capabilities to boost its service choices.
The alliance goals to assist Madanes in offering customised options throughout non-marine strains of enterprise for native in addition to worldwide purchasers.
Madanes CEO Boaz Rubin mentioned: “We see important alternative in leveraging ALW’s capabilities and international relationships to boost the worth we offer to purchasers.
“The crew has delivered sturdy outcomes on a number of complicated placements, showcasing their capacity to reply to difficult market circumstances with precision and innovation. We look ahead to constructing on this success as we develop collectively.”
