Washington Wizards’ point guard Russell Westbrook has been making many business moves recently.
After announcing last week that he joined Varo Bank’s team as an investor and advisor, The History Channel announced that it had picked up Tulsa Burning: The 1921 Race Massacre, a documentary that was put together by Westbrook.
Now, top-10 global insurance broker Acrisure has announced that the nine-time NBA All-Star has joined the recently formed joint venture Evolution Advisors L.L.C. as a founding partner.
“Access to insurance is crucial to the success of any business,” said Westbrook in a written statement. “Unfortunately, minority-owned businesses don’t always have the same opportunities as everyone else, so I am thrilled to partner with Acrisure on this endeavor where we can give diverse business owners the chance they deserve.”
Evolution Advisors was formed to help to provide greater access to insurance products and financial services to minority-owned enterprises, which includes Minority Business Enterprise (MBE) certified businesses.
The venture also includes Super Bowl champion quarterback of the NFL’s Seattle Seahawks, Russell Wilson; his wife, Grammy Award-winning singer/songwriter, Ciara; and Thomas Tull, Chairman of Acrisure Technology Group, and Founder, chairman, and CEO of Tulco L.L.C.
“I am proud that my friend Russell Westbrook is joining the team and know he will be immediately additive given how deeply he cares about driving change and supporting businesses that promote equality,” said Tull. “As a Founding Partner in this effort, alongside Acrisure, Russell will help Evolution Advisors significantly rethink and impact the distribution of these crucial elements for business success.”
“Russell shares our belief that we need to increase awareness and access to critically important insurance and financial products for all audiences,” said Greg Williams, Co-Founder, President, and CEO of Acrisure. “We’re excited to combine our deep expertise with Russell’s ability to impact the risk issues faced by minority-owned businesses and diverse communities.”