Review of the Year 2023: Acrisure’s Mark McIlquham

In the first of our ‘Review’ series Mark McIlquham, president of Acrisure UK Retail, reflects on whether the 15-year cycle will see a large insurer buy a large broker, and how he’d recast the Barbie film with senior figures from its ‘network dream team’

What has been your insurance/broking related highlight of 2023?

The growth and success of Acrisure UK. We completed six acquisitions in 2023, and we plan to continue our expansion through 2024.

What has been the most over-hyped insurance/broking buzzword or phrase of 2023?

In regards to the retail insurance sector, I think ‘blockchain’ is the most over-hyped word. It’s not the most relevant technology in this market, and there are other tools brokers should focus on utilising such as artificial

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Pen names Hannah Fry as COO

Gallagher-owned Pen Underwriting has appointed Hannah Fry as chief operating officer joining the executive team on 6 January 2025.

Review of the Year 2024: Acrisure UK’s Mark McIlquham

Mark McIlquham, CEO of Acrisure UK, expresses disappointment at high-quality independent intermediaries selling to consolidators; still thinks a big insurer might snap up a broker; and reckons his children would take delight in watching him take part in a bushtucker trial on I’m a Celebrity ... Get Me Out of Here.

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