Acrisure Re, the reinsurance division of the broker Acrisure LLC, said on Wednesday that it had promoted Michael Cross to president of the North American division, as of January 1.
Mr. Cross succeeds Simon Hedley, who became CEO of Acrisure Re in July.
He was most recently Head of Burlington, North Carolina, Office and North American Chief Operating Officer. He will now focus on driving and developing the strategic direction of Acrisure Re's reinsurance business in the United States and Canada, the statement said. where he will be responsible for overseeing the day-to-day operations.
Mr. Hedley said in the statement that the campaigns are helping to strengthen the broker's market position in the United States and Canada.
Acrisure is the ninth largest broker of American companies, according to the latest Business Insurance ranking.  ]