MSIG North America, the US-based insurance subsidiary of MS&AD Insurance Group Holdings, has joined forces with Amwins, a global distributor of specialty insurance products and services, in a strategic partnership that promises to deliver exceptional insurance solutions to clients.
The collaboration involves MSIG NA providing substantial underwriting capacity for over 20 Amwins underwriting programs, solidifying MS&AD Insurance Group Holdings, Inc’s commitment to the North American market.
The partnership aims to leverage the strengths of both organisations to offer innovative and tailored specialty insurance solutions, while also enhancing overall value and service to clients.
Through this arrangement, MSIG NA will deploy capital across Amwins’ diverse portfolio of underwriting programs, supporting existing businesses and fostering new product development.
Scott Purviance, CEO of Amwins, expressed enthusiasm about the partnership, stating, “We are thrilled to partner with MSIG NA to deploy capital across our diverse portfolio of underwriting programs. Our innovative arrangement supports existing business, but also provides a catalyst for new product development.”
Peter McKenna, CEO and President of MS Distribution Holdings Inc., highlighted the significance of partnering with Amwins, stating, “This collaboration marks a noteworthy milestone in our plans to expand our presence in the U.S. market. Amwins’ reputation as a leading independent wholesale distributor of specialty insurance products in the U.S. aligns perfectly with our strategic objective of profitable growth.”
Together, MSIG NA and Amwins are poised to deliver exceptional specialty insurance solutions, leveraging their respective strengths and resources to provide unparalleled value to clients.
