Amwins
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The Jay Rittberg-led program manager kicked off a strategic process in August.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive has been with the brokerage since 2004.
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The program will provide excess casualty coverage across a broad range of industries.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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After a period of business building, MGAs will likely spend more time optimizing.
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David Lavins had previously headed up subsidiary MGA Amwins Access.
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This is the second acquisition Amwins has announced this year.
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Rates are now falling, but submissions are still rising, according to wholesale brokers.
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Brokerage co-presidents Jeff McNatt and Sam Baig discussed the E&S market, rates and M&A.
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The MGA will become part of binding authority unit Amwins Access.
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The broker’s state of the market report noted that property pricing has stabilized.