Latest Amwins Group Headlines

All the headlines from our Amwins Group Topic Page, ordered by recency.

Southeast Insurance Employment: Agency, Carrier Plans Brighten Picture

Apr 18 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish.The unemployment rate remains higher in key...

Wholesale Broker AmWINS Agrees to $1.3 Billion Recapitalization with New Mountain

Apr 17 2012 // Wholesale insurance broker AmWINS Group Inc. announced today that its management and employee shareholders have agreed on a $1.3 billion recapitalization with private equity firm New Mountain Capital of New York. Other...

People – Southeast

Apr 16 2012 // Marsh & McLennan Companies’ CEO Brian Duperreault has been named chairman of the Federal Advisory Committee on Insurance (FACI). His appointment was confirmed by Federal Insurance Office (FIO) Director Michael...

AmWins Reportedly for Sale; CEO DeCarlo Says Firm is Recapitalizing

Apr 2 2012 // The owners of AmWINS Group Inc., the largest wholesale insurance broker in the United States by premiums placed, have put the company up for sale, expecting a valuation of about $1.5 billion, three people familiar with the...

AmWINS Announces Promotion in Philadelphia Office

Mar 20 2012 // AmWINS Group Inc. promoted Matt Szkotak to branch leader of AmWINS Brokerage of Pennsylvania, located in Philadelphia. Szkotak has been serving as property manager in the Philadelphia office for the past 10 years and will...

Update: Insurance Wholesaler AmWINS Is Recapitalizing: CEO DeCarlo

Mar 13 2012 // The owners of AmWINS Group Inc., the largest wholesale insurance broker in the United States by premiums placed, have put the company up for sale, expecting a valuation of about $1.5 billion, three people familiar with the...

AmWINS Transportation Underwriters Receives MGA Appointment for ‘A’ XV Rated Carrier to Underwrite Long Haul Truckers

Feb 27 2012 // Burlington, NC, 02/24/12 – AmWINS Transportation Underwriters is proud to be one of just five MGAs appointed with this ‘A’ XV rated carrier to underwrite this program, which targets above average for-hire...

Moody’s Changes Debt Ratings of Insurance Brokers & Service Cos.

Feb 8 2012 // Moody’s Investors Service has changed various debt ratings of insurance brokers and service companies based on the application of its loss given default (LGD) framework to guide notching decisions for...

Newton Joins AmWINS Brokerage of Texas in Houston

Feb 6 2012 // Daniel Newton has joined AmWINS Brokerage of Texas as an assistant vice president and a marketing manager in the company’s Houston office. Newton formerly was territory manager – commercial lines with America First...

U.S. Wholesale Broker AmWINS Completes Acquisition of London’s THB

Jan 26 2012 // U.S. insurance wholesaler AmWINS Group, Inc. has completed its previously announced acquisition of THB Group plc of London.THB, an independent insurance and reinsurance broker and risk management business, serves clients...

E&S Insurance Execs Have Heads Shaved for Good Cause

Jan 18 2012 // Eight surplus lines insurance industry executives had their heads shaved bald this past Monday night in front of a cheering crowd in Las Vegas, Nev.It was not some bizarre industry hazing ritual or ancient form of...

AmWINS Confirms Intention to Acquire London-based THB Group plc

Nov 14 2011 // Charlotte-based AmWINS Group, Inc. has confirmed that it intends to acquire THB Group plc of London. AmWINS said the directors of THB have unanimously agreed to recommend that its shareholders approve AmWINS’ cash...

People

Aug 1 2011 // Wholesale insurance broker AmWINS Group Inc. is expanding its operations with a new office location in Morehead City, North Carolina. Karen G. Toler, formerly of Burns & Wilcox, has joined AmWINS to lead this new...

AmWINS Expands in North Carolina; Toler Joins Firm

Jul 20 2011 // Wholesale insurance broker AmWINS Group, Inc. is expanding its operations with a new office location in Morehead City, North Carolina. Karen G. Toler, formerly of Burns & Wilcox, has joined AmWINS to lead this new...

Henderson Joins AmWINS in Florida

Jul 13 2011 // Wholesale broker AmWINS Group Inc. said that Brian Henderson has joined the company as executive vice president. Henderson joins AmWINS from Peachtree Special Risk Brokers, a division of Brown and Brown Insurance, where he...

AmWins Launches New Automobile Repossession Program

Jun 28 2011 // AmWINS Group, Inc. has developed an exclusive program with an A.M. Best rated A+XV carrier to provide coverage for the auto repossession industry. This insurance program is designed specifically for the repossession...

AmWINS Group Benefits Enhances International Travel Insurance

Jun 1 2011 // AmWINS Group Benefits has launched a newly enhanced No Borders, a suite of international benefit products providing coverage for international assignees and for those living and traveling abroad for work or leisure. AmWINS...

AmWINS Names Hegarty as Assistant VP

Apr 11 2011 // AmWINS Brokerage of New York has named Robert Hegarty assistant vice president and casualty broker. Hegarty 15 years of insurance industry experience, both as an underwriter and a wholesale broker, particularly in the...

AmWINS Expands Non-Standard Auto Capabilities Through Acquisitions

Feb 10 2011 // AmWINS Group, Inc. has acquired American Southwest Insurance Managers, Inc., Excel General Agency, Inc. and Oakwood Software Insurance Solutions, LLC. ASIM is a managing general agents for non-standard automobile insurance...

Business Moves

Jan 10 2011 // AmWINS Brokerage of TexasThe Texas operations of Colemont Insurance Brokers was officially renamed AmWINS Brokerage of Texas effective Dec. 1, 2010. AmWINS and Colemont announced a planned merger in April 2010. Combined,...