Global specialty insurance provider AmWINS has completed its acquisition of ARS, a full-service wholesaler and managing general agent comprised of the companies Atlantic Risk Specialists and ARS-Latiff.
ARS will become part of AmWINS’ brokerage division and will be aligned to strengthen the firm’s property and casualty capabilities.
“We’re excited to partner with Larry Maier, Margie Kessler, Diana Latiff, Brian Wagner, and their team of brokers and underwriters,” said Scott Purviance, Chief Executive Officer of AmWINS.
“The addition of ARS not only broadens our placement capabilities, but also expands our ability to offer innovative solutions to our retail clients and enhances the distribution footprint for our market partners.”
ARS brings expertise in difficult and complicated construction risks, including New York City contractors, as well as workers compensation and professional lines.
“In joining AmWINS, we are partnering not only with a leader in our industry, but also with a team that shares our fundamental commitment to providing the best possible service and support to retail brokers and their clients,” said Larry Maier, Chief Executive Officer of Atlantic Risk Specialists.
“We look forward to adding our expertise in challenging risks to AmWINS’ already extensive product and program offering.”
Diana Latiff, CEO of ARS-Latiff, added, “We’re pleased to join the AmWINS family and expand our product range with the resources now available to us through this partnership.”
“We’re confident that our employees and clients will benefit from the combination of our two organizations.”