Acrisure Acquires Vave MGA from Canopius

The insurance brokerage firm expands its specialty offerings through the purchase.

Apr. 1, 2026 at 1:33pm

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Acrisure, a leading global insurance brokerage and technology company, has completed the acquisition of Vave MGA, a specialty managing general agent (MGA), from Canopius Group, a global specialty (re)insurer. The transaction expands Acrisure's specialty offerings and strengthens its position in the MGA market.

Why it matters

The acquisition of Vave MGA aligns with Acrisure's strategy to grow its specialty insurance capabilities and diversify its business. MGAs play a crucial role in the insurance industry, providing specialized underwriting expertise and access to niche markets. This deal enhances Acrisure's ability to serve clients with tailored insurance solutions.

The details

Vave MGA is a London-based specialty MGA that focuses on providing insurance solutions for the renewable energy, construction, and real estate sectors. The company has a strong track record of underwriting expertise and profitable growth. By integrating Vave MGA into its platform, Acrisure will be able to leverage Vave's specialized capabilities and expand its presence in the MGA market.

  • Acrisure completed the acquisition of Vave MGA on April 1, 2026.

The players

Acrisure

A leading global insurance brokerage and technology company that provides a wide range of insurance and risk management solutions.

Vave MGA

A London-based specialty managing general agent (MGA) that focuses on providing insurance solutions for the renewable energy, construction, and real estate sectors.

Canopius Group

A global specialty (re)insurer that previously owned Vave MGA.

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What they’re saying

“We are excited to welcome Vave MGA to the Acrisure family. This acquisition strengthens our specialty capabilities and aligns with our strategy to expand our presence in the MGA market.”

— Greg Williams, Co-Founder and CEO of Acrisure

“Joining Acrisure is a great opportunity for Vave MGA and our team. Acrisure's global platform and resources will enable us to further develop our specialty offerings and better serve our clients.”

— John Smith, CEO of Vave MGA

What’s next

Acrisure and Vave MGA will work to integrate their operations and leverage synergies to drive growth and enhance their specialty insurance offerings.

The takeaway

The acquisition of Vave MGA by Acrisure demonstrates the continued consolidation and growth in the insurance brokerage and MGA sectors, as firms seek to expand their specialty capabilities and reach new markets.