Acrisure expands global footprint with acquisition in Portugal
Global re/insurance broker Acrisure has expanded its international presence with a recent acquisition in Portugal. The strategic move further strengthens Acrisure’s operations in key European markets, including Spain, Italy, the Netherlands, Switzerland, and the UK.
Acrisure has signed an agreement to acquire broker Universalis (trademark of Corpos – Corretora de Seguros, Lda). The transaction is under review by the Portuguese Regulator (ASF),
Founded in 1971, Universalis has grown its insurance premiums to over €25 million and expanded its offices network across Portugal. The partnership with Universalis is Acrisure’s first in Portugal.
“Universalis boasts an impressive track record of growth and has cemented its position as a strong business in Portugal,” said Greg Williams, co-founder, chairman and CEO of Acrisure. “As part of Acrisure, clients of Universalis will gain the resources of a global Fintech leader. Similarly, Acrisure benefits from working with our talented new Partners in Portugal!”
Ricardo Moreira, chairman of Universalis, said: “The partnership with Acrisure will be immensely valuable to us as we integrate their tech-driven approach and capabilities into our operations. This will allow us to rapidly accelerate our growth in Portugal and offer clients a robust suite of solutions.”
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