Acrisure Stock

Ascend today announced that Acrisure, the global Fintech leader, will leverage its premier financial operations automation platform. Initially, Acrisure will leverage Ascend to streamline billing, financing, and carrier payable workflows within its small commercial lines accounts. Ascend's cutting-edge platform features comprehensive automation of accounts receivable and accounts payable workflows within the post-placement agency billing process.

Acrisure, a global Fintech leader, today announced the formation of the Company’s Southwest Region. Partners in Southern California, Nevada, Arizona and New Mexico will now operate as Acrisure and offer the Company’s full suite of financial services solutions including personal and business insurance lines, cyber services, employee benefits, mortgage origination, next generation financial tools, and many more.

Acrisure LLC, a large, closely-held insurance broker, is interviewing banks to go public next year, people with knowledge of the matter said, in a sign that equity markets may be opening up to new listings from strong companies. Grand Rapids, Michigan-based Acrisure is expected to be valued at well over $20 billion in an initial public offering, the people said, asking not to be identified discussing confidential information. The company raised $725 million for a $23 billion valuation last year from backers including Abu Dhabi Investment Authority.