Acrisure, a fintech insurance broker, has signed an agreement to acquire It’sSeg, an independent benefit management and insurance broking firm in Brazil. The partnership with It’sSeg marks Acrisure’s entry into the Brazilian market and represents expansion of its Latin American operations.
“Brazil offers immense opportunities and is a market we’ve been focused on for a long time,” said Greg Williams, co-founder, CEO and President of Acrisure. “With Thomaz and the It’sSeg team we’ve partnered with exceptional people who have built an exemplary business in a short period of time. We’re philosophically and fundamentally aligned as both Acrisure and It’sSeg value strong partnerships, innovative solutions and client centricity.”
“Partnering with Acrisure opens a range of possibilities to accelerate our growth in Brazil and Latin America,” said It’sSeg founder Thomaz Menezes. “Through Acrisure’s innovative tech-driven approach, we will be able to diversify and expand the range of products we offer our clients.”