Specialty insurance coverage distributor Amwins has bought Bellevue, Washington, USA-based Managing Common Company (MGA) Superior Underwriters.
Monetary particulars of the deal weren’t revealed.
Based within the Sixties, Superior Underwriters focuses on industrial, private and transportation insurance coverage.
With this acquisition, Superior Underwriters will turn into a part of Amwins Entry, a nationwide binding authority for small property and casualty insurance coverage corporations. The deal would improve Amwins’ capabilities to serve the wants of small and mid-sized accounts.
Amwins Entry President David Lavins mentioned, “The addition of Superior Underwriters to our Amwins Entry division aligns completely with our strategic deal with small enterprise and binding authority. Superior Underwriters brings deep experience and expertise to the Pacific Northwest, which isn’t the case. solely enhances our present operations however considerably strengthens our presence within the area.
“This partnership will enable us to offer much more complete options to our retail prospects, offering them with expanded market entry, enhanced merchandise and the identical distinctive service they’ve come to count on from Amwins Entry. »
Superior Underwriters President Roy Rankin mentioned, “We’re excited to accomplice with Amwins to develop our capabilities and attain. Amwins represents the proper cultural match and collectively we’ll proceed to construct on the sturdy foundations we’ve developed within the Pacific. Northwest.”
Headquartered in Charlotte, North Carolina, Amwins is an impartial wholesale distributor of specialty insurance coverage merchandise in america and operates by way of greater than 155 places of work worldwide.
“Amwins Acquires MGA Superior Underwriters” was initially created and printed by International Life Insurancea model owned by GlobalData.
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