{"id":189340,"date":"2025-12-10T15:30:03","date_gmt":"2025-12-10T15:30:03","guid":{"rendered":"https:\/\/www.reinsurancene.ws\/?p=189340"},"modified":"2025-12-10T15:16:38","modified_gmt":"2025-12-10T15:16:38","slug":"acrisure-to-acquire-underwriting-mga-vave-from-canopius","status":"publish","type":"post","link":"https:\/\/www.reinsurancene.ws\/acrisure-to-acquire-underwriting-mga-vave-from-canopius\/","title":{"rendered":"Acrisure to acquire underwriting MGA Vave from Canopius"},"content":{"rendered":"

Acrisure has agreed to acquire Vave, a tech-first underwriting Managing General Agent, from international specialty and P&C re\/insurer Canopius Group.<\/p>\n

\"AcrisureVave, which uses data-driven, precision underwriting to deliver instantly bindable quotes on U.S. catastrophe-exposed E&S property risks, with real-time binding and servicing via API, will continue operating under its own brand.<\/p>\n

Its founding management team, led by Marek Shafer, will remain in place, and Canopius will stay on as one of several capacity providers under a multi-year agreement.<\/p>\n

Vave will join Acrisure Underwriting, a platform of 11 MGAs in the U.S. market based in New York City.<\/p>\n

The transaction is subject to customary closing conditions. Terms were not disclosed.<\/p>

\"Artemis<\/a><\/div><\/div>\n

Grahame Millwater, President Global Markets & International at Acrisure, commented, \u201cVave\u2019s technology focus aligns perfectly with Acrisure\u2019s fintech strategy. Vave\u2019s team has proven themselves to be skilled underwriters of cat-exposed small commercial and homeowners\u2019 risks.<\/p>\n

“As a unit within Acrisure Underwriting, Vave and Acrisure will continue to invest in Vave\u2019s proprietary technology and expansion of products, coverages and geographies.\u201d<\/p>\n

Neil Robertson, Group CEO of Canopius, said, \u201cWe are immensely proud of what the Vave team has accomplished. From its inception as a bold idea to becoming a market-leading technology-driven MGA, Vave reflects Canopius\u2019 commitment to innovation and practical solutions for clients. We look forward to continuing our partnership and watching Vave thrive as part of Acrisure\u2019s ambitious vision.\u201d<\/p>\n

Marek Shafer, CEO of Vave, added, \u201cToday marks a watershed moment for Vave. We are grateful for Canopius\u2019 support since we hatched our original idea, and for our ongoing capacity support. The opportunities for Vave within Acrisure are exciting – our shared outlook on the future of underwriting will ensure we continue to deliver enhanced value to our clients, distribution and capacity partners.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Acrisure has agreed to acquire Vave, a tech-first underwriting Managing General Agent, from international specialty and P&C re\/insurer Canopius Group. Vave, which uses data-driven, precision underwriting to deliver instantly bindable quotes on U.S. catastrophe-exposed E&S property risks, with real-time binding and servicing via API, will continue operating under its own brand. Its founding management team, […]<\/p>\n","protected":false},"author":18,"featured_media":183792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[818,725,40,39,5416],"class_list":["post-189340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-acrisure","tag-canopius","tag-ma","tag-merger-acquisition","tag-vave"],"acf":[],"yoast_head":"\nAcrisure 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