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 supplies a wide selection of reinsurance providers to varied sectors together with trade, 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 information with Acrisure’s worldwide attain.
Acrisure London Wholesale managing director Tom Quy mentioned: “Madanes is a revered and long-established dealer with a fame 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 we’ve got seen up to now – particularly in navigating the Lloyd’s market – demonstrates the facility of this partnership in delivering significant outcomes for purchasers.”
By way of 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 help 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 vital alternative in leveraging ALW’s capabilities and international relationships to boost the worth we offer to purchasers.
“The crew has delivered robust outcomes on a number of complicated placements, showcasing their means to answer difficult market situations with precision and innovation. We look ahead to constructing on this success as we develop collectively.”
