Busy year for AmWINS Group, Inc.

by THB | 11 Dec 2019

Insurance Business America has published an interview with AmWINS CEO Scott Purviance setting out his thoughts on successful acquisitions.

​AmWINS has completed 48 transactions in the past 18 years, including London-based Lloyd's Broker THB in 2012. In 2019 it completed four major acquisitions – the highest achieved so far in a 12 month period:

  • The Flood Insurance Agency (TFIA), a Florida-based MGA
  • Atlantic Risk Specialists Companies (ARS), a full-service wholesaler and MGA
  • LISI Inc, a California-based general agent specialising in medical and ancillary benefits, and Co-Power, a third-party administrator
  • Stealth Partner Group, an Arizona-based independent full-service general agent

The number could have been even higher, except that AmWINS insists on acquisitions adding capability to the firm, as well as there being a strong cultural fit. According to Scott “We’ve walked away from a number of deals that didn’t have that cultural fit.”

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