Arch Insurance to Acquire Ventus Risk Management

Arch Insurance North America has announced it has entered into a definitive agreement to acquire Ventus Risk Management, a technology and analytics-driven MGU that specializes in providing coastal commercial property insurance solutions to small and mid-sized enterprises.

Ventus was founded in 2016, with the aim of using its proprietary technology to improve automation, efficiency and risk selection. Ventus has become a trusted MGU for its capacity providers and a respected business partner for its producing brokers. Going forward, integrating Ventus into the Arch platform will enable third-party capital to provide capacity alongside Arch’s product offerings.

“Ventus is an insurtech company that has successfully deployed its offerings to support its underwriters, deliver best-in-class analytics and modeling capabilities and provide a superior customer experience. When combined with the scale of our E&S property portfolio and breadth of our relationships, we will bring enhanced value to our wholesale distribution partners.” – Matt Shulman, CEO of Arch Insurance North America.

Cofounder Stuart Mercer will become the CEO of Ventus upon the close of the sale.