Financial services provider Acrisure has acquired commercial schemes provider CRK Commercial Insurance Services Limited (CRK), in a deal anticipated to close at the start of October.
This is part of Acrisure’s planned expansion in the UK, with further acquisition and partnerships expected to be announced in the near future.
UK-based CRK creates specialist insurance schemes exclusively for insurers groups. It focuses on the manufacturing and engineering industries.
After the acquisition, the company will operate as part of Acrisure UK Retail. It will continue to be led by Darren Wills, managing director of CRK, and his team, and will gain access to Acrisure’s technology and global network.
Mark McIlquham, president of Acrisure Retail UK, comments: “We are excited to collaborate with CRK and Darren. CRK is a profoundly entrepreneurial and agile business with a fantastic client base. We were particularly attracted by the truly bespoke, unique schemes that the team have developed with their in-depth knowledge and understanding of specific trades and industries."
Wills says: “Acrisure allows me to carry on running the business I am passionate about and have built up since 2000. I look forward to making CRK even more successful as part of Acrisure.”
