AmWINS Group, Inc. Completes Acquisition of Gresham & Associates

CHARLOTTE, N.C.--(BUSINESS WIRE)--

AmWINS Group, Inc. (“AmWINS”) is pleased to announce that it has completed its acquisition of Gresham & Associates, Inc. (“Gresham & Associates”)

Gresham & Associates, which placed $340 million in premium last year, was established in 1979 by Jim Gresham and has grown to become one of the largest and most well-respected managing general agents (MGA) and wholesale brokerages in the country. They are currently ranked by Business Insurance as the sixth-largest MGA in the United States.

The acquisition further positions AmWINS as a leading international specialty insurance distributor placing over $7.5 billion in annual premiums. The company now has more than 2,800 employees in 18 countries worldwide. AmWINS is ranked by Business Insurance as the largest property and casualty wholesale broker in the U.S. based on premiums placed.

In conjunction with the acquisition, Tony Gresham, president of Gresham & Associates, will assume the additional role of CEO of Gresham & Associates. Jim Gresham will continue as Chairman of Gresham & Associates.

AmWINS Group, Inc. is a leading specialty distributor of insurance products and services with expertise across a diversified mix of property, casualty and group benefits products. With over 2,800 employees located in 18 countries, AmWINS handles over $7.5 billion in premium annually through our four divisions: Brokerage, Underwriting, Group Benefits and International. AmWINS is ranked by Business Insurance as the largest P&C wholesale broker in the United States.