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.
The joint U.S.-Indian mission, worth $1.3 billion, will survey virtually all of the world’s land and ice masses multiple times. By tracking even the slightest shifts in land and ice, the satellite will give forecasters and first responders a leg up in dealing with floods, landslides, volcanic eruptions and other disasters.
NASA said these first pictures are a preview of what’s to come once science operations begin in November.
The satellite, flying 464 miles (747 kilometers) high in a near polar orbit, is called NISAR, short for NASA-ISRO Synthetic Aperture Radar. ISRO is the Indian Space Research Organization.
This image provided by NASA/JPL-Caltech on Aug. 23, 2025, NISAR imaged land adjacent to northeastern North Dakota’s Forest River, light-colored wetlands and forests line the river’s banks, while circular and rectangular plots throughout the image appear in shades that indicate the land may be pasture or cropland with corn or soy. (NASA/JPL-Caltech via AP)