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This is the second acquisition Amwins has announced this year. -
The Insurance Insider US news team runs you through this week’s key agency M&A.
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There were no signs of deceleration in claims and insurance services M&A during February.
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Sources noted that Dowling Hales is advising the MGA.
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WKFC’s chief executive D’Onofrio will become RSUM’s global CUO.
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Talks are not preliminary, but a deal is not imminent for the two brokers, sources said.
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Other digital distribution platforms, including ProWriters and SportsInsurance, are also exploring a sale.
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Last October, Insurance Insider US revealed that NSM was considering a carve-out of its business-to-business programs.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
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CEO Tim Turner said the firm still has an ambitious M&A pipeline and financial flexibility to execute deals.
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Sources said that the MGA has been working with investment bank Waller Helms to find a potential investor.
