Amwins
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Rates are now falling, but submissions are still rising, according to wholesale brokers. -
Brokerage co-presidents Jeff McNatt and Sam Baig discussed the E&S market, rates and M&A.
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The MGA will become part of binding authority unit Amwins Access.
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The broker’s state of the market report noted that property pricing has stabilized.
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James Drinkwater is to serve as vice chair and executive chairman at Amwins Global Risks.
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The 2025 State of the Market report also touched on E&S and MGA growth.
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Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
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Nick Abraham will succeed Nathan Mathis as CEO of the firm's London-based specialty distributor.
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Amwins anticipates market softening will continue, absent loss ratio concerns.
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A deal would mark Amwins’ second LatAm sale, after Lockton acquired THB Brazil last May.
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Former NTUM president Justin Joyce will lead the ANTU binding unit.
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Amwins taps Hiscox USA’s Kunert as head of claims
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