Acrisure London Wholesale (ALW) has signed a strategic broking partnership with Madanes, giving Israel’s largest insurance broker direct access to Lloyd’s and the wider London market.
The partnership blends Madanes’ regional expertise with ALW’s placement capabilities, unlocking capacity for complex, specialized risks. ALW said the collaboration has already delivered several successful placements, proving the model works in practice.
“Madanes is a respected and long-established broker with a reputation for deep expertise and strong client relationships,” Tom Quy, managing director, ALW. He said ALW is growing its international presence and working with Madanes to navigate the Lloyd’s market.
Madanes CEO Boaz Rubin said the arrangement strengthens his firm’s ability to deliver value in difficult conditions.
“We see significant opportunity in leveraging ALW’s capabilities and global relationships to enhance the value we provide to clients,” Boaz Rubin said.
The team has delivered strong results on several complex placements, showcasing their ability to respond to challenging market conditions with precision and innovation.
Boaz Rubin, Madanes CEO
The deal covers all non-marine lines of business for both regional and international accounts. Beyond broking capacity, Madanes gains access to ALW’s actuarial and analytical resources.
Madanes employs more than 300 staff and dominates Israel’s brokerage sector, with services spanning industrial, commercial, and private client insurance. Acrisure said the partnership underscores its ambition to tie local market leaders into its global platform.
