Acrisure to Lay Off 400 Employees, Citing Tech Advancements and AI Integration

By | October 8, 2025

Acrisure announced it will implement layoffs to its accounting workforce beginning in early 2026, citing advancements in technology and artificial intelligence.

The company said 400 employees will be affected by the layoffs.

“This was not an easy decision, as it affects colleagues who have given so much to our company and our community,” the company said in a statement. “Acrisure’s ability to lead change has always been one of our greatest strengths, and these changes are necessary for us to remain competitive, strong, and able to deliver what our clients expect from us.”

Acrisure said it remains committed to its home state of Michigan, where the company employs about 2,000 workers.

The Grand Rapids, Michigan-based insurance broker is No. 3 on Insurance Journal’s 2025 Top 100 independent property/casualty agencies. Acrisure reported P/C revenue of $2.83 billion in 2024.

In 2020 Acrisure acquired AI company Tulco LLC’s insurance intelligence business. Acrisure said at the time of the acquisition that it would use AI capabilities to innovate in product development and insurance sales and marketing across its global network of commercial property and casualty, life and employee benefits brokerages. The deal was valued at approximately $400 million.

Earlier this year Acrisure announced it secured $2.1 billion in funding towards strategic M&A and to accelerate its development as a tech-enabled financial services platform.

Topics InsurTech Data Driven Artificial Intelligence Tech

Was this article valuable?

Here are more articles you may enjoy.

Latest Comments

  • October 10, 2025 at 1:27 pm
    Agent Hunter says:
    The economy would like suffer a massive decline before his agency approached that point. If it comes to a head where massive amounts of jobs are being replaced by AI - its po... read more
  • October 10, 2025 at 1:23 pm
    aaron stein says:
    i already reduced my staff several years ago but it was something i had the opportunity to do because a couple of folks left. as for me, i'm old enough to leave it behind and ... read more
  • October 10, 2025 at 1:16 pm
    aaron stein says:
    that rumor is rampant around here. they have been consolidating offices, and as you point out, doing other things to put their house in order. i understand it failed to happen... read more

Add a CommentSee All Comments (11)Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features