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Amwins Group, Inc. Completes Acquisition of Worldwide Facilities PR Newswire April 2, 2021 /PRNewswire/ Amwins Group, Inc. ( Amwins ), a global distributor of specialty insurance products and services, announced it has completed the acquisition of Worldwide Facilities ( Worldwide ), the fourth-largest wholesale broker in the U.S. This marks the closure of the definitive agreement that was announced on March 5, 2021. Worldwide, founded in 1970, is highly complementary to Amwins brokerage, binding authority, underwriting and group benefits capabilities and growth strategy; and it brings extensive expertise in the industry as a national wholesale insurance broker, managing general agency and program manager. The partnership not only strengthens ....
Amwins acquires rival Worldwide Facilities in watershed moment 08-03-2021 More on this story 13-07-2020 US-based global insurance distributor Amwins Group has agreed to acquire wholesale broker Worldwide Facilities in a deal its chief executive described as a watershed moment for the company as well as the industry. Amwins said it is looking to expand its footprint, especially on the US west coast. The rest of this article is locked. Please login to continue reading.
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Amwins Signs Definitive Agreement to Acquire Worldwide Facilities yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities The addition of Worldwide broadens Amwins’ specialty capabilities and expands its footprint, especially on the west coast. The acquisition is Amwins’ 50th acquisition. The combined firm will have more than 6,151 employees in 155 offices across the U.S., and place in excess of $24 billion in premium annually. The Worldwide team, led by Davis Moore, will join Amwins’ leadership team, according to the announcement. “The acquisition of Worldwide is a watershed moment not just for Amwins, but the specialty distribution space,” said Scott M. Purviance, chief executive officer of Amwins. “Since the beginning, we’ve believed that scale and specialization are key to delivering for our clients. Over the last 19 years, we’ve been able to build an organization that stands out amongst the competition. With the addition of Worldwide to the Amwins family we are partnering with a very talented ....