Acrisure London Wholesale (ALW), the wholesale arm of Acrisure, has partnered with Madanes, an insurance broker in Israel.

Madanes employs more than 300 individuals and provides a wide array of reinsurance services to various sectors including industry, commerce and private clients.

Since the initiation of this partnership, ALW has facilitated Madanes’ entry into the Lloyd’s and broader London insurance markets, allowing for new strategies in complex and specialised placements.

The collaboration has yielded multiple successful placements, demonstrating the advantages of combining Madanes’ local knowledge with Acrisure’s international reach.

Acrisure London Wholesale managing director Tom Quy said: “Madanes is a respected and long-established broker with a reputation for deep expertise and strong client relationships.

“We are excited to be working alongside their team as we continue to grow our international presence. The success we have seen so far – especially in navigating the Lloyd’s market – demonstrates the power of this partnership in delivering meaningful outcomes for clients.”

Through this partnership, Madanes is utilising ALW’s broking expertise, access to global resources and analytical capabilities to enhance its service offerings.

The alliance aims to support Madanes in providing customised solutions across non-marine lines of business for local as well as international clients.

Madanes CEO Boaz Rubin said: “We see significant opportunity in leveraging ALW’s capabilities and global relationships to enhance the value we provide to clients.

“The team has delivered strong results on several complex placements, showcasing their ability to respond to challenging market conditions with precision and innovation. We look forward to building on this success as we grow together.”