Reinsurance News
AmWINS
AmWINS Group adds Alycia Kiley as SVP
26th March 2019
Global specialty insurance provider AmWINS Group has announced the appointment of Alycia Kiley as Senior Vice President. Kiley, who most recently served as Senior VP at the Council for Insurance Agents and Brokers (CIAB), will be focused on building strategic partnerships with the firm’s retail clients. Prior to her time with CIAB, ... Read the full article
Moderate casualty reinsurance rate increases expected in 2019: AmWINS
30th January 2019
After several years of declines, casualty reinsurance premiums bucked the recent trend in 2018, and going into 2019, continued, modest increases are expected in primary casualty reinsurance, according to AmWINS. According to the global specialty insurance provider, rate increases in casualty reinsurance are being driven by a number of factors. This ... Read the full article
Cat-exposed property lines to see double-digit rate increases: AmWINS
23rd January 2019
The property re/insurance market experienced some firming at the recent January renewals, which could translate into double-digit rate increases for catastrophe-exposed business as we progress further into the year, according to analysts at AmWINS. The specialty insurer added that spikes of up to 40% were “not out of the question” for ... Read the full article
AmWINS to acquire Florida’s The Flood Insurance Agency
14th January 2019
Global specialty insurance provider, AmWINS Group, Inc., has agreed a deal in principle to acquire Florida-based managing general agency (MGA), The Flood Insurance Agency. The Flood Insurance Agency specialises in private market flood insurance, providing access to an alternative to the National Flood Insurance Program (NFIP). Operating as a Program Administrator for ... Read the full article
AmWINS announces formation of two marine-focused MGAs
14th August 2018
Speciality insurer AmWINS Group has announced the formation of AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters (SMU) - two specialty Managing General Agencies (MGA) focused on the marine industry. Executive Vice President Alex Rosas will lead ASLU from Sunrise, Florida, while Mark Bernas and Keith Blair, also both EVPs, ... Read the full article
AmWINS appoints Swiss Re’s Robert Petrilli as President of Underwriting
8th August 2018
Speciality insurer AmWINS Group has announced the appointment of Robert Petrilli as President of its Underwriting division, effective immediately. Petrilli will be overseeing 11 operating companies, representing over $1.7 billion in underwriting premium; the largest MGA platform in the U.S. “Our underwriting division has seen incredible expansion over the last 24 months, ... Read the full article
Brokers relying on more granular data in challenging property market: AmWINS
3rd July 2018
Property market brokers are increasingly relying on more granular data and risk models to obtain better results as 2018's underwhelming pricing environment looks set to extend into the second half of the year, according to specialty insurer AmWINS. A report by the company observed that advanced risk modelling was leading to greater ... Read the full article
SME division launched within AmWINS’ London MGA, dual appointments made
12th June 2018
Speciality insurer AmWINS Group has announced the launch of an SME division within its London-based MGA Unicorn Underwriting. The launch signals the appointments of Kevin Hawkins as U.K. SME Underwriting Director and Richard Ellis as U.K. SME Pricing Director, effective immediately. Alongside the previously available unoccupied residential and commercial property policies Unicorn ... Read the full article
Purviance succeeds DeCarlo as CEO of AmWINS
1st May 2018
AmWINS Group has confirmed that Scott M. Purviance has succeeded M. Steven DeCarlo as the company’s Chief Executive Officer (CEO), effective immediately. The leadership change, which was first announced in January 2018, will see Purviance continue to build AmWINS' focus on growth, diversification, and technology. Most recently, Purviance served as the ... Read the full article
AmWINS reveals new CEO & leadership changes
17th January 2018
AmWINS Group, Inc. has announced the appointment of Scott M. Purviance as its new Chief Executive Officer (CEO), replacing M. Steven DeCarlo, effective May 1st, 2018. Currently the firm's Chief Operating Officer (COO), Purviance has been part of the AmWINS leadership team since 2001, and served as Chief Financial Officer (CFO) from ... Read the full article
AmWINS to acquire personal lines specialty MGA Seacoast Brokers
3rd January 2018
Specialty insurer AmWINS Group has reached an agreement to acquire personal lines specialty MGA Seacoast Brokers, LLC, with the transaction due to close following regulatory approval. Steven DeCarlo, Chief Executive Officer of AmWINS, said; “the addition of Seacoast to our AmWINS Access division significantly increases our personal lines products and services. “Seacoast’s ... Read the full article
AmWINS expands with Partners acquisition
20th April 2017
AmWINS Group and Partners Specialty Group, are set to merge to form a single U.S. -based specialty insurance broking giant, with a global operating spectrum of $14 billion of combined annual premiums and 4,100 employees across 12 countries. Partners will join AmWINS' Brokerage Division, expanding the firm's broking capacity with its expertise ... Read the full article
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