AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the previously announced acquisition of Seacoast Brokers, LLC, and Trident Claims Management, LLC.
Seacoast is a personal lines specialty MGA that offers surplus lines homeowners’ business throughout the United States. Seacoast, a subsidiary of DBH Global, Inc., is based in Hilton Head Island, South Carolina. Seacoast provides retail agents with homeowners products for residential properties for predominantly, secondary, seasonal, vacation and investment use which are located in catastrophe-prone and/or resort-oriented communities.
Trident is a licensed third-party claims administrator which manages claims on all Seacoast-issued policies.
Seacoast and Trident will become part of AmWINS’ Access division, a nationwide delegated authority business focused on small commercial property and casualty and personal lines. AmWINS Access provides market access combined with local underwriting expertise.
Terms of the transaction were not disclosed.
Based in Charlotte, N.C., wholesaler AmWINS operates through more than 100 offices globally.