AmWINS News

Beat Capital Partners with Bain Capital to Support Lloyd’s Syndicate 4242

The London-based, insurance-focused investment firm Beat Capital Partners said it is creating a dedicated underwriting vehicle, funded by Bain Capital Credit, which will provide capital through its Syndicate 4242 to support Beat’s underwriting businesses operating in the Lloyd’s of London …

AmWINS Names QBE’s Crane to Succeed Murphy As Head of THB, International Division

Specialty insurance wholesaler AmWINS Group said that Matthew Crane will succeed Frank Murphy as chief executive officer of THB Group and president of the International division of AmWINS, effective once Crane’s existing contractual terms are met later this year. THB …

Moody’s Upgrades AmWINS Ratings

Moody’s Investors Service has upgraded the corporate family rating of wholesale broker AmWINS Group Inc. to B1 from B2 based on the company’s strong credit metrics, including a reduction in financial leverage in recent years. The rating agency also upgraded …

The Remaking of Disgrace Insurance

As co-founder and chief executive officer of the predictive analytics firm Spotted, Janet Comenos knows a lot about famous actors, artists, athletes and celebrity advertising. Her Boston startup matches companies with celebrities for endorsements and advertising. Lately Comenos has been …

AmWINS Announces New Hires, Promotions Across Country

Wholesale specialty insurance broker AmWINS Group Inc. has announced new hires and promotions to its Specialty Logistics and AmWINS Access Personal Lines and Commercial teams, as well as several new branch leaders. Herman Cruz has joined AmWINS Specialty Logistics Underwriters, …

AmWINS to Acquire The Flood Insurance Agency

Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance. Scott M. Purviance, chief executive officer of AmWINS Group, said the addition of The Flood …

AmWINS Targets Marine Insurance with Creation of 2 Specialty MGAs

Global insurance wholesale brokerage AmWINS Group has formed two specialty managing general agencies focused on the marine industry, AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters (SMU). Argonaut Insurance Co. is providing the insurance capacity for both ASLU and …

Petrilli Named President of AmWINS Group’s Underwriting Division

AmWINS Group Inc., the Charlotte, N.C.-based independent wholesale distributor of specialty insurance products, announced that Robert “Bob” Petrilli has been named president of the firm’s underwriting division, effective immediately. AmWINS’ underwriting division offers a variety of P/C programs for specific …

Lindeboom Retires as Co-Managing Director of THB Europe, Succeeded by Borges

THB, the London-based specialist insurance and reinsurance broker, announced new leadership at THB European Division, based in Amsterdam. Paul Lindeboom, co-managing director of the division, will retire as planned from his post on July 31. Ricardo Borges, director at THB, …

QBE, AmWINS Launch E&O Coverage for Architects, Engineers, Design Businesses

QBE North America has formed a partnership with AmWINS Program Underwriters (APU) to offer errors and omissions coverage for architects, engineers and design (A&E) businesses. The launch is part of QBE’s initiative to expand its specialized portfolio. APU’s A&E program …