Acrisure Cuts 400 Jobs as AI Reshapes Insurance Workforce

What Happened

Acrisure, a global insurance brokerage firm, has announced the layoff of 400 employees as it continues to implement technological advancements and deeper AI integration throughout its business. The company is streamlining operations and automating processes in response to both market pressures and the growing capabilities of artificial intelligence tools. Based in the United States with a large international workforce, Acrisure stated that the layoffs are part of a broader corporate strategy to modernize and remain competitive in a rapidly changing insurance landscape.

Why It Matters

The layoffs underline a growing trend of AI and automation transforming traditional industries, especially financial services and insurance. As companies deploy more AI-driven systems, workforce roles are shifting and downsizing is becoming more commonplace. Read more in our AI News Hub