We are pleased and proud to announce that the transaction between the Acrisure Group and the shareholders of Efficient Insurance Solutions (EIS) has been signed!
The M&P team advised the EIS shareholders in connection with their acquisition of shares in Acrisure, a company headquartered in the United States, in exchange for the Acrisure Group acquiring shares in EIS.
EIS is one of the market leaders in developing technologies that support insurers in selling policies under the affinity model, i.e. enabling business partners to offer insurance as an add-on to their core products or services. As part of its operations, EIS focuses in particular on the consumer electronics and household appliances segments. The company also provides solutions for insurance companies in the area of claims handling and supports the implementation of modern technologies and the automation of insurance processes.
Acrisure is a fintech company and insurance broker providing a broad range of insurance, reinsurance, cybersecurity and other services. It is ranked among the top 10 largest global insurance and reinsurance brokers. Acrisure cooperates with insurance companies and distributors across markets in Asia, Bermuda, the United States, the United Kingdom, Canada and Switzerland. It is also present in Poland as a strategic investor, including in the Unilink Group.
On behalf of M&P, comprehensive transaction support was led by partners – att. Tomasz Dudziński and att. Grzegorz Motyka, with the support of M&P team members: tax advisor Wojciech Jaciubek, att. Paulina Młodawska, att. Magdalena Mydłowska, att. Adam Grzegrzółka, att. Maja Zielińska, att. Michał Kurzela, Adam Jarzębowski and att. trainee Victor Chukwu.
On the Acrisure side, advisory services were provided by PwC and Norton Rose Fulbright.
We would like to extend our sincere congratulations to our Clients and to all parties involved in the transaction on behalf of EIS and the Acrisure Group, and thank them for their professional and exceptionally efficient cooperation. We wish you all the best and keep our fingers crossed for your continued success.
The transaction will be completed upon obtaining the consent of the President of the Office of Competition and Consumer Protection.
More information can be found at:
Efficient Insurance Solutions dołącza do Acrisure – Gazeta Ubezpieczeniowa – Portal
Efficient Insurance Solutions (EIS) joins forces with Acrisure in Poland