AmWINS Expands Non-Standard Auto Capabilities Through Acquisitions

February 10, 2011

AmWINS Group, Inc. has acquired American Southwest Insurance Managers, Inc., Excel General Agency, Inc. and Oakwood Software Insurance Solutions, LLC.

ASIM is a managing general agents for non-standard automobile insurance in Texas. Excel and Oakwood were also purchased by AmWINS. Excel is also a non-standard automobile managing general agency servicing independent agents of Texas. Oakwood is a technology company that provides a complete policy and claim administrations system to automobile insurance companies, managing general agencies and large independent agents.

ASIM will continue to be led by Jim S. Whited and Debra Williams. Oakwood will continue to be led by Doug Hite and David Scruggs, with David also maintaining responsibility for the Excel business. Newport General Agency, a subsidiary of AmWINS which also specializes in non-standard auto insurance, will continue to be led by Dennis DiCapua.

Source:AmWINS Group, Inc.

Topics Mergers Auto Insurance Wholesale Human Resources

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