Acrisure

The deal follows Acrisure’s recent purchase of Brazil's It’sSeg and adds another European market to its operations.

The 11,500-seat home of the Coachella Valley Firebirds hockey team is slated to open by the end of the year.

The new cyber business will offer risk assessments in real time, insurance broking services, security & antivirus products and recovery infrastructure.

Inside P&C’s news team runs you through the key developments from the last week.

Michael Fitzgerald has also been promoted to head of the firm’s North Carolina office.

The retail broker said the deal for Appalachian would accelerate its implementation of AI and machine learning in its bid to "revolutionize the value chain".

The deal for top-10 MGA, which writes around $500mn in premiums, would mark a dramatic expansion in Acrisure’s underwriting capabilities.

The insurance broker expects to announce further related and complementary acquisitions in the near future.

Nunery’s appointment will accelerate Evolution Advisors’ goal to provide greater access to financial services for minority-owned businesses and diverse communities.

“The fronts are having a material effect and business is absolutely roaring within the MGA program space at this point in time,” the Acrisure Re CEO said.

Through the deal, Acrisure will establish a new division, Acrisure Real Estate Services.

Nick Godfrey has been made head of capital markets, Jonathan Zisaruk head of legacy, Lauren Johnson president of corporate advisory and solutions, and Nick Triggs a non-executive board member.