Acrisure’s acquisition of Vave from Canopius enhances its U.S. insurance platform by adding a technology-driven MGA with advanced data-led underwriting, particularly for catastrophe-exposed excess and surplus property markets. Vave’s API-powered model generates over 10,000 instantly bindable quotes daily across multiple coverage lines, increasing Acrisure’s digital underwriting scale and enabling further expansion in high-risk, underserved markets such as California. This acquisition also reflects a broader industry move toward tech-enabled underwriting platforms that improve speed, precision, and access to coverage. Canopius will remain a multi-year capacity provider, ensuring continuity as Vave enters its next growth phase.
Acrisure Acquires MGA Vave From Canopius
