Varnum, Skadden Guide Insurance Broker To $23B Valuation

By Elise Hansen (May 31, 2022, 7:49 PM EDT) — Insurance broker Acrisure said Tuesday it raised $725 million to spur growth in a funding round guided by Varnum and Skadden that values the financial technology company at $23 billion.

Michigan-headquartered Acrisure LLC said the funds will allow it to pursue acquisitions, bolster its technology, ramp up its marketing efforts and grow its team. Acrisure operates an insurance brokerage for residential and commercial insurance, according to its website. The company also provides a range of other services including real estate mortgage origination, cybersecurity risk mitigation and wealth management.

The Series B-2 round comes a little over a year after its last…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.