Madanes, employing more than 300 professionals, is recognised as Israel’s largest reinsurance and insurance broker. The company offers a wide range of services to industrial, commercial and private clients. Through the partnership, Madanes gains direct access to the Lloyd’s and wider London markets, creating opportunities for sophisticated and challenging risk placements. Since the partnership began, the two organisations have reported multiple successful transactions.
Tom Quy, managing director of Acrisure London Wholesale, highlighted Madanes’ long-standing reputation and strong client relationships. He said that collaborating with the Israeli broker supports ALW’s efforts to expand its international footprint and showcases the value of their combined expertise in navigating the Lloyd’s market to deliver measurable results for clients.
Boaz Rubin, chief executive of Madanes, praised the early successes of the partnership. He noted that the collaboration allows Madanes to leverage ALW’s global relationships and advanced capabilities, helping the firm respond to complex market conditions with precision and innovation. Rubin added that both companies plan to build further on this momentum as they pursue continued growth.
Beyond this alliance, Acrisure has been broadening its UK presence. The company recently rebranded two specialist brokers, FinCred and Building & Land Guarantees, under the Acrisure name. Its UK platform now encompasses nine integrated businesses that serve both regional and national clients.
Acrisure has also been advancing its technology-driven approach. Its reinsurance division, Acrisure Re, recently introduced AcrisureIQ PRO, a portfolio optimisation tool that uses predictive analytics and machine learning to help clients manage risk and improve underwriting outcomes. This innovation reflects Acrisure’s wider strategy of offering advanced data and analytical solutions to meet the evolving demands of the global insurance market.