Correction: Crump Group No. 1 Overall Wholesaler

April 16, 2010

The original story on the acquisition of Colemont Brokers by AmWINS Group identified the post-merger AmWINS as the largest wholesale broker. But this is only true when considering property/casualty premiums alone.

AmWINS’ combined property/casualty and benefits premium of $4.8 billion actually places it second to Crump Group, which has $5.3 billion in combined property/ casualty, life and benefits premium, according to Crump Group and the 2009 ranking by Business Insurance.

AnWINS now boasts about $3.6 billion in annual property/casualty premium, making it the largest specialty insurance distributor in property/casualty, according to Business Insurance.

The online story has been corrected. Insurance Journal regrets the error.

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