Acrisure Acquires MGA Vave From Canopius

Acrisure completed its acquisition of managing general agent Vave from Canopius. Vave continues to operate under its brand name and becomes part of Acrisure Underwriting, a New York-based platform of 12 MGAs. Vave remains led by CEO Marek Shafer.

Vave has its principal place of business in Chicago and operates under London-based Canopius, trading since 2019. Vave uses science, data, and underwriting to deliver instantly bindable quotes for catastrophe-exposed E&S property risk in the U.S., generating more than 10,000 quotes per day via APIs across commercial, homeowners, flood, and earthquake coverage.