In combining … Thomas J. Tull is Founder at Tulco LLC. Thomas Tull, the chairman and chief executive officer of Tulco, will become chairman of a new technology group at Acrisure. Tull is the Founder and CEO of Tulco, and operating company that transforms existing businesses by bringing in great management teams and technology. Explore. 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. About Acrisure Now a top 10 global broker, Acrisure is majority-owned by employees and has locations across six countries. 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. 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. Acrisure: Elliott Bundy, ebundy@acrisure.com, (347) 561-0276 “Thomas has a keen ability to fuse forward-thinking, entrepreneurial ideas with commercially-driven businesses. Tull serves on the Board of Directors of Hamilton College, his alma mater, and Carnegie Mellon University. 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. 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. 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. About Tulco Holdings He recently visited with students … He owns Rivendale Farm and his holding company Tulco, as well as being a member of the Carnegie Mellon … 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. “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. 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. “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. 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. Tulco: Melissa Zukerman, melissa@pcommgroup.com, (323) 658-1555. He previously served as Chairman and Chief Executive Officer of Legendary Entertainment a leading media company with film, television, and digital and publishing divisions. “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. 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. Since its launch, Altway has seen rapid success with 24 consecutive weeks of 10% or greater week-over-week growth. 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. 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. 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 … “The transaction with Thomas Tull and the Tulco team accelerates our ability to do all the above.”. It uses a partnership model between its … Founded by prominent … 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. 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. The announcement builds on a successful year-long partnership between Acrisure and Tulco. Continued Williams: “We’ve worked with the Tulco team for almost a year and our vision for Acrisure and the industry are completely aligned. 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. 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. Find out more at www.acrisure.com. For Media Inquiries: 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 … The Agency Partners have significant local autonomy which keeps product and service decisions at the customer level. … Sustaining a Business — Thomas Tull, CEO 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. Tull previously served as founder, Chairman, and CEO of Legendary Entertainment, a leading media company with film, television, and digital and publishing divisions. 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. 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. In contrast, Tulco … Acrisure is driven by the pursuit of limitless growth through exceptional partnerships. “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. who produced the Jackie Robinson Film “42.” launches #Operation42, donating $4.2M in PPE to African American communities through his company Tulco. 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. 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. 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 transaction with Thomas Tull and the Tulco team accelerates our ability to do all the above." 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 … The company has over $2 billion in revenue and is 85% employee-owned. 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. 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. In 2019, the two firms formed Altway Insurance, a fully-AI backed brokerage focused initially on individual health benefits. 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. With a $65 million cash infusion from film magnate Thomas Tull, FIGS is ready to transform the medical apparel industry. Between 12th and 14th Streets The announcement builds on a successful year-long partnership between Acrisure and Tulco. I look forward to helping Greg build the most forward leaning technology and advanced insurance brokerage in the world.”. We’re very pleased to be working with the entire Tulco team as we take this transformational step with like-minded entrepreneurs. I’m excited about what we will create together.”. Founded in 2017 by Tull, a former Hollywood film executive, Tulco is an alternative investing platform structured as a holding company. Thomas Tull is the founder, Chairman, and CEO of Tulco. Combining this capability with Greg and the Acrisure team creates an opportunity to influence and shape an important and significant marketplace.”. Founded by prominent … Founded by prominent entrepreneur and investor Thomas Tull, Tulco uses a partnership model between its subsidiaries and Tulco… ... Tulco, to the … Thomas … Tulco leverages state-of-the art technology to transform industries and unlock growth. “Businesses that succeed in the medium to long term must be nimble, data-rich and digitally oriented,” said Williams. 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. Mr. Tull resides in Pittsburgh, PA. Constitution Avenue, NW 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. Thomas Tull. Posted June 21, 2018 by Robert Siegel Categories: Business This article was written by XSeed Partner Robert Siegel and appeared in the … 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 … 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… 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. 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. World’s Fastest Growing Global Insurance Broker and Artificial Intelligence Leader Combine to Deploy Insurtech at Scale. ... Tulco is the sole outside investor in the company,” …
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