American Wholesale Forms Chicago Operation

September 3, 2003

American Wholesale Insurance Group (www.amwins.com), based in Charlotte, N.C., announced the formation of a new wholesale brokerage operation in Chicago, Ill., to be led by Don Alberico.

“Expanding our capabilities into the Midwest marketplace has always been a part of the planned expansion for our brokerage division,” said Steven DeCarlo, president and CEO. “But the critical component is attracting a well respected and accomplished professional to lead the effort. Don Alberico is clearly the right choice. With his extensive casualty background, reputation within the brokerage community, and with his ability to build a choice team of brokers, American Wholesale continues to bring broader solutions to retail agents country-wide.”

“Joining American Wholesale is an easy decision,” said Alberico, president of AmWINS Brokerage of Illinois. “Their commitment to serving retail agents exclusively is refreshing and certain to prove rewarding for our retail clients.”

Alberico continued, “As part of the American Wholesale team, our operation will be able to draw on the full resources and scale of their national wholesale capabilities to provide solutions quickly and efficiently to clients. From my perspective, that is a key differentiator in today’s market.”

With over 17 years of wholesale brokerage background, Alberico comes to American Wholesale from Aon’s Swett & Crawford, where he was senior VP. Prior to his five years with Swett & Crawford, Alberico spent twelve years with Tri-City Brokerage followed by six years on the retail agency side of the business.

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