Amwins is to strengthen the company’s foothold in the Pacific Northwest with the acquisition of Superior Underwriters.
With the deal closing on December 31, 2024, Superior Underwriters will join Amwins Access, broadening the range of products and market access available to retail clients across commercial, personal, and transportation lines.
David Lavins, president of Amwins Access, emphasized that the acquisition aligns with the company’s strategy to focus on small business and binding authority.
"Superior Underwriters brings deep expertise and a strong track record in the Pacific Northwest, which not only complements our current operations but significantly strengthens our presence in the region," said Lavins.
"This partnership will enable us to deliver even more comprehensive solutions to our retail clients, empowering them with expanded market access, enhanced products, and the same exceptional service they've come to expect from Amwins Access," Lavins added.
Superior Underwriters sees the partnership with Amwins as an opportunity to extend its reach and capabilities.
Roy Rankin, president of Superior Underwriters, noted that the two companies share a compatible culture.
"Amwins is the perfect cultural fit, and together, we'll continue to build on the strong foundation we've developed in the Pacific Northwest," said Rankin.
Amwins, based in Charlotte, North Carolina, is an independent wholesale distributor of specialty insurance in the U.S., handling annual premium placements exceeding $39 billion across more than 155 offices worldwide.
Superior Underwriters, founded in the 1960s, has built a reputation as a full-service MGA in the commercial insurance space, offering a range of products designed to meet the diverse needs of businesses, including expertise in personal lines and transportation.
The acquisition will help Amwins further strengthen its position and serve small to mid-market accounts, continuing to provide clients with access to a broad array of products and market solutions.
Will the acquisition lead to greater competition or collaboration in the insurance industry? Let us know in the comments.