With the creation of a brand-new division known as Acrisure Asset Management, Robotics in Insurance Market its entry into the asset management industry in the United States.
The company also appointed Patrick Rogers, an expert in asset and wealth management, to lead the newly formed unit.
Rogers will be in charge of developing the new business line as president of the unit by utilizing Acrisure's mergers and acquisitions capabilities, distribution via its existing broker network, and tech-enabled AI solutions.
Greg Williams, co-founder, president, and CEO of Acrisure, stated that the move is the first step in expanding the scope of the company's technology-enabled solutions beyond insurance service.
Williams made a comment: To tech-enable and expand the conventional insurance model, Acrisure is incorporating best-in-class artificial intelligence and utilizing our financial strength, industry expertise, and global distribution power.
Rogers stated, Acrisure already has a hugely beneficial network of dependable advisors with long-term client relationships.
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"We are unlocking a future of opportunity for clients and advisers alike by adding asset management to Acrisure's repertoire of services." I can't wait to help Greg and the team realize our goal of making Acrisure a global financial services powerhouse.
Roger has worked for asset and wealth management companies like Quadrant Capital Group and Gateway Investment Advisers for 35 years.
William added, referring to Rogers' appointment, " As we take the next step in expanding our product and service offering, Patrick will be an invaluable asset to Acrisure due to his extensive industry knowledge, demonstrated success, and dedication to entrepreneurship support.
For asset managers, The Hanover Insurance Group introduced Hanover Financial Institutions Advantage in 2019.
