Irvine, CA, June 2, 2023 - Acrisure today announced the formation of Acrisure Protection Group, a full-service finance and insurance (F&I) and property and casualty (P&C) brokerage, training, compliance and consulting specialist, and producer of anti-theft hardware, dedicated to the shifting needs of U.S.-based auto dealers. It consists of a national network of approximately 3,000 active dealers across 50 states.
In May, Acrisure announced it will begin to unify the Company under a single brand to best represent its status as a global Fintech leader that offers multiple financial products and services to millions of businesses and individual clients. Further, the Company will organize by geographic region and operating platforms led by existing Acrisure Partners. Acrisure Protection Group is the first example of a platform to form in this model. It is led by Vernon Leake, who previously ran SWDS Holdings, an Acrisure Partner based in Irvine, California. Prior to joining SWDS, Vernon was CEO and co-founder of Century Automotive Service Corporation, a MAPFRE company. SWDS is among the agencies rebranding to Acrisure Protection Group.
"Our goal is to provide services and solutions that our clients want and need. Forming platforms under the Acrisure flag is a significant part of our future as it means we will be better organized to meet those needs," said Greg Williams, Co-Founder, Chairman and CEO, Acrisure. "Under Vernon's leadership, Acrisure Protection Group will bring our clients deep, nationwide expertise in the automotive industry."
The Partners combining to form Acrisure Protection Group are:
- SWDS Holdings (Irvine, CA) - F&I
- Dealer Protection Group (Irvine, CA) - P&C
- F&I Solutions Group (Benton, KY / Milwaukee, WI) - F&I
- IPS Agency (Georgetown, KY) - F&I
- RAM (Wayland, MA) - F&I
- Team Northland (Eau Claire, WI) - F&I
"With driven-focus for product innovation, compliance expertise and results-driven training, we are laser-focused on the customer and better aligned to meet their needs," said Leake. "We're excited to embrace the Acrisure brand and together, as Acrisure Protection Group, redefine how our dealer clients measure success and grow their bottom line."
To learn more about Acrisure Protection Group, visit https://www.acrisurepg.com/.
Acrisure is An Extraordinary Advantage℠ for millions of clients worldwide. The Company combines humans and high tech to deliver a broad array of products including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more. In the last nine years, Acrisure has grown in revenue from $38 million to more than $4 billion and today employs over 15,000 colleagues in 21 countries. Acrisure expects to announce new developments in the near term. To follow news and updates in real time, visit Acrisure.com or follow the Company on LinkedIn.
John D. Pelle, [email protected] (718) 578-8275