Tulco, LLC, based in Pittsburgh, is an alternative investing platform, structured as a holding company that was established to disrupt large sectors of the economy. Existing Tulco board members Jim Breyer (Founder & CEO, Breyer Capital), A.G. Lafley (former Chairman, CEO & President, Procter & Gamble) and Anthony Foxx (Chief Policy Officer, Lyft and former U.S. Transportation Secretary under President Obama), will serve as advisors to Acrisure. GRAND RAPIDS, Mich. & PITTSBURGH--(BUSINESS WIRE)--In a transformational move, Acrisure today announced that it has acquired artificial intelligence (AI) leader Tulco LLC’s insurance practice to bring best-in-class data science, AI, and machine learning capabilities to the insurance brokerage industry. “Businesses that succeed in the medium to long term must be nimble, data-rich and digitally oriented,” said Williams. In combining permanent capital, management expertise, and top AI resources, Tulco helps its subsidiaries achieve scalable high growth trajectories within industries currently underserved by leading-edge technologies. Tulco leverages state-of-the art technology to transform industries and unlock growth. "The transaction with Thomas Tull and the Tulco team accelerates our ability to do all the above." Tulco, LLC, based in Pittsburgh, is an alternative investing platform, structured as a holding company that was established to disrupt large sectors of the economy. … I’m excited about what we will create together.”. Since its launch, Altway has seen rapid success with 24 consecutive weeks of 10% or greater week-over-week growth. The deal, which was conducted as a stock-for-stock trade resulting in Tulco becoming a significant minority shareholder in Acrisure was announced by Greg Williams, Co-Founder, CEO and President of Acrisure and Thomas Tull, Chairman and CEO of Tulco. Sustaining a Business — Thomas Tull, CEO Tulco. Founded by prominent entrepreneur and investor Thomas Tull, Tulco uses a partnership model between its subsidiaries and Tulco's in-house AI lab to unlock significant value. We’re very pleased to be working with the entire Tulco team as we take this transformational step with like-minded entrepreneurs. Posted June 21, 2018 by Robert Siegel Categories: Business This article was written by XSeed Partner Robert Siegel and appeared in the … This transaction enables true deployment of “insurtech at scale” as it combines the global distribution power of Acrisure, the fastest growing broker in insurance industry history, with the world-class, proven AI expertise of Tulco. As one of the world's top 10 insurance brokerages and the fastest growing in the world, Acrisure provides a broad array of insurance-related solutions, including commercial property and casualty, personal lines and employee benefits through its global network of Agency Partners. Thomas Tull is the Founder, Chairman and CEO of Tulco, a management company that identifies industries with static business models ready to scale up with the assistance of Tulco’s full suite of … In contrast, Tulco … In combining … He also sits on the boards of the National Baseball Hall of Fame and Museum, the National Football Foundation, the San Diego Zoo, the Smithsonian Institution and is part of the six-time Super Bowl champion Pittsburgh Steelers ownership group, where he also holds a board seat. ... Tulco, to the … “The transaction with Thomas Tull and the Tulco team accelerates our ability to do all the above.”. Acrisure: Elliott Bundy, ebundy@acrisure.com, (347) 561-0276 Thomas J. Tull is Founder at Tulco LLC. From $650 million in annual revenue in 2017 to more than $2 billion today, Acrisure has seen record growth, completing over 500 acquisitions the past several years. Between 12th and 14th Streets Founded in 2017 by Tull, a former Hollywood film executive, Tulco is an alternative investing platform structured as a holding company. With the new technology infrastructure, Acrisure will fully harness AI capabilities to rapidly innovate the product development and insurance sales and marketing process across its portfolio of Agency Partners, a global network of commercial property and casualty, life and employee benefits brokerages. Find out more at www.acrisure.com. With a $65 million cash infusion from film magnate Thomas Tull, FIGS is ready to transform the medical apparel industry. He recently visited with students … It uses a partnership model between its … Founded by prominent entrepreneur and investor Thomas Tull, Tulco uses a partnership model between its subsidiaries and Tulco… Tulco’s world-class talent and ability to apply AI and intelligent automation is immeasurable as it relates to meeting the needs of our clients and transforming our company. Tull previously served as founder, Chairman, and CEO of Legendary Entertainment, a leading media company with film, television, and digital and publishing divisions. Billionaire businessman-turned-powerhouse movie producer Thomas Tull, who sold Legendary Entertainment last year to the Chinese conglomerate Dalian Wanda Group for about $3.5 … Thomas Tull, founder of Tulco and former CEO of Legendary Entertainment shares valuable lessons on learning from our own mistakes, asking difficult questions, and protecting our intellectual curiosity. Founded by prominent … About Acrisure Acrisure is driven by the pursuit of limitless growth through exceptional partnerships. ... Tulco is the sole outside investor in the company,” … “Partnering with Acrisure over the last year and implementing the tech has given me the confidence and excitement that we will do things that are highly impactful. Thomas Tull. Legendary Entertainment founder Thomas Tull and his wife, Alba Tull, have put their sprawling 33-acre compound in Thousand Oaks on the market for $85 million. The announcement builds on a successful year-long partnership between Acrisure and Tulco. Tulco was founded in April 2017 by Thomas Tull after the 2016 sale of the previous company he founded, Legendary Entertainment (“Legendary”), a media company focused on producing film, television and … Tulco, LLC, based in Pittsburgh, is an alternative investing platform, structured as a holding company, that was established to disrupt large sectors of the economy. Under Tull… Through his private fund, Tull Ventures, Tull also invests in life science, media and technology companies such as Magic Leap, Oculus Rift, Pinterest and Luvo. “The transaction with Thomas Tull and the Tulco team accelerates our ability to do all the above.” The announcement builds on a successful year-long partnership between Acrisure and Tulco. “A significant amount of capital has been deployed into insurtech, but we have a truly unique opportunity for scaled transformation as we layer AI into current processes,” said Tull. Thomas Tull is the Founder, Chairman and CEO of Tulco, a management company that identifies industries with static business models ready to scale up with the assistance of Tulco’s full suite of propriety technologies. Other key leaders include Brendan McCord who will become President of the Acrisure Technology Group and Marty Willhite who will serve as a strategic advisor. who produced the Jackie Robinson Film “42.” launches #Operation42, donating $4.2M in PPE to African American communities through his company Tulco. I look forward to helping Greg build the most forward leaning technology and advanced insurance brokerage in the world.”. He previously served as Chairman and Chief Executive Officer of Legendary Entertainment a leading media company with film, television, and digital and publishing divisions. Now a top 10 global broker, Acrisure is majority-owned by employees and has locations across six countries. The infusion of Tulco AI into the Acrisure network will accelerate sales development and risk intelligence across the entire portfolio, which is heavily focused on the U.S. small and medium commercial market. The company has over $2 billion in revenue and is 85% employee-owned. Tulco, LLC, based in Pittsburgh, is an alternative investing platform, structured as a holding company that was established to disrupt large sectors of the economy. Founded by prominent … In 2019, the two firms formed Altway Insurance, a fully-AI backed brokerage focused initially on individual health benefits. World’s Fastest Growing Global Insurance Broker and Artificial Intelligence Leader Combine to Deploy Insurtech at Scale. Continued Williams: “We’ve worked with the Tulco team for almost a year and our vision for Acrisure and the industry are completely aligned. Thomas Tull is the founder, Chairman, and CEO of Tulco. Thomas … Explore. Tulco seeks to acquire or take a leading stake in established businesses with experienced management, where Tulco can help unlock rapid, sustainable growth through the application of advanced data science. About Tulco Holdings Mr. Tull resides in Pittsburgh, PA. Constitution Avenue, NW The Agency Partners have significant local autonomy which keeps product and service decisions at the customer level. We were fortunate to have Thomas Tull come to our class for the third time in four years, but this was his first visit in his new capacity as the CEO of Tulco, his newest venture. Washington, D.C. Email powered by MailChimp (Privacy Policy & Terms of Use), NMAH Board Member; Founder, Chairman and CEO of Tulco; Founding Chairman and Former CEO, Legendary Entertainment. Tulco, LLC, based in Pittsburgh, is an alternative investing platform, structured as a holding company, that was established to disrupt large sectors of the economy. “Thomas has a keen ability to fuse forward-thinking, entrepreneurial ideas with commercially-driven businesses. “The insurance sector is ripe for transformation and combining Tulco’s market-proven AI and data science products with Acrisure will deliver insurtech at scale,” said Breyer. Tull is a member of the board of trustees for the American Film Institute, Carnegie Mellon University, Member of the Baseball Hall of Fame Board of Directors, and the San Diego … Combining this capability with Greg and the Acrisure team creates an opportunity to influence and shape an important and significant marketplace.”. The announcement builds on a successful year-long partnership between Acrisure and Tulco. At Acrisure, Mr. Tull will be actively involved in the strategic direction of the company as the Chairman of the new “Acrisure Technology Group” and will assist in attracting and retaining other key talent as the company further transforms into the insurance brokerage industry’s leading data-rich and technology-enabled company. For Media Inquiries: Tull serves on the Board of Directors of Hamilton College, his alma mater, and Carnegie Mellon University. Tulco: Melissa Zukerman, melissa@pcommgroup.com, (323) 658-1555. Tull is the Founder and CEO of Tulco, and operating company that transforms existing businesses by bringing in great management teams and technology. He owns Rivendale Farm and his holding company Tulco, as well as being a member of the Carnegie Mellon … Founded by prominent entrepreneur and investor Thomas Tull, Tulco uses a partnership model between its subsidiaries and Tulco's in-house AI lab to unlock significant value. Tull's mark has been made in the region beyond the Steelers ownership. View Thomas J. Tull’s professional profile on Relationship Science, the database of decision makers. Tulco, LLC, based in Pittsburgh, is an alternative investing platform, structured as a holding company that was established to disrupt large sectors of the economy. Acrisure has previously invested in robust data sets and internal analytics to better understand the risk needs of its clients and to accelerate the organic growth of the company. 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