Amwins, a distributor of specialty insurance products and services, has acquired Community Association Insurance Solutions (CAIS), a Managing General Agent (MGA) and Programme Administrator specialising in insurance solutions for homeowners’ associations, townhomes, condominiums, and planned unit developments.
As per the terms, CAIS will continue its ongoing operations as part of Amwins Underwriting, further enhancing the division’s specialty offerings, adding a full suite of programmes and capabilities dedicated to the community association segment.
The acquisition aligns with Amwins Underwriting’s commitment to the community association space.
CAIS brings deep expertise, knowledge, and disciplined underwriting acumen to the niche with a robust suite of products designed specifically for this market space.
The company’s proprietary technology platform, MGAlive.com, launched in 2008 to streamline quoting, binding, and issuance process for agents, enabling them to secure coverage for their clients in minutes.
CAIS also provides national “If-Any” Workers’ Compensation Program, which provides WC coverage for board members, committee members, and volunteers, along with a comprehensive range of niche specific insurance programs, including Crime Fidelity coverage. Dowling Hales was the exclusive financial advisor to CAIS during the transaction.
Ryan Armijo, President of Amwins Underwriting, commented, “Bringing CAIS into the Amwins family is an exciting step for us. Their innovative technology, deep market expertise, and specialised products fit seamlessly with our commitment to delivering top-tier insurance solutions for community associations. We’re looking forward to working together and expanding our capabilities to help our clients win.”
Anthony Nola, President of CAIS, added, “Joining Amwins is an incredible employee cultural fit, and opportunity for CAIS, our agency partners, and our insureds. With Amwins’ resources and market reach, we can strengthen our offerings and expand our leadership in the Community Association market we serve.”
