Market Overview

AmWINS Announces Formation of Two Specialty Managing General Agencies

Share:

AmWINS Specialty Logistics Underwriters, Sentinel Marine
Underwriters to Focus Exclusively on Marine Industry, including Coverage
for Cargo and Logistics

AmWINS Group, Inc. ("AmWINS"), a global distributor of specialty
insurance products and services, today announced the formation of two
specialty managing general agencies focused on the marine industry,
AmWINS Specialty Logistics Underwriters ("ASLU") and Sentinel Marine
Underwriters ("SMU").

Alex Rosas, executive vice president (EVP), will lead ASLU from Sunrise,
FL, while Mark Bernas, EVP, and Keith Blair, EVP, will lead SMU from
Houston, TX and New York, NY, respectively. Rosas, Bernas and Blair are
industry veterans, with over 50 years of combined cargo, transit and
ocean marine underwriting experience.

"We are pleased to partner with Alex, Mark and Keith given their deep
experience in the marine insurance segment," said Scott Purviance, Chief
Executive Officer of AmWINS. "Their product knowledge and underwriting
expertise is industry leading."

ASLU provides a package insurance solution for freight forwarders and
third-party logistics operators. ASLU's product offering includes
marine, cargo and transport liability. Logistics liability coverages
include Shippers Interest Ocean Cargo, Shippers Interest Domestic
Transit, Third-Party warehousing, Carriers Legal Liability, Freight
Forwarders E&O, and Warehouse Legal Liability.

SMU offers marine and cargo insurance solutions, including global risk
control, for clients including importers, exporters, manufacturers, and
wholesalers. SMU's product offering includes worldwide cargo/transit,
global stock throughput (transit and inventory), project cargo, and
excess storage on stock throughput programs.

These MGAs will become part of the Underwriting division of AmWINS,
which specializes in offering retail agents an array of P&C programs for
specialty product lines and industry classes.

Argonaut Insurance Company, a member of Argo Group International
Holdings, Ltd., which is rated ‘A' (Excellent) by A.M. Best, is
providing the insurance capacity for both ASLU and SMU. The policies
will be issued on admitted paper and will be offered nationally across
all 50 states.

For additional information on AmWINS Specialty Logistics Underwriters
and Sentinel Marine Underwriters, visit amwins.com/aslu and
amwins.com/smu.

About AmWINS Group, Inc.

AmWINS Group, Inc. is the largest independent wholesale distributor of
specialty insurance products in the United States, dedicated to serving
retail insurance agents by providing property and casualty products,
specialty group benefit products and administrative services. Based in
Charlotte, N.C., the company operates through more than 110 offices
globally and handles premium placements in excess of $14 billion dollars
annually. To learn more, visit www.amwins.com.

About Argo Group International Holdings, Ltd.

Argo Group International Holdings, Ltd. (NYSE:ARGO) is an international
underwriter of specialty insurance and reinsurance products in the
property and casualty market. Argo Group offers a full line of products
and services designed to meet the unique coverage and claims handling
needs of businesses in two primary segments: U.S. Operations and
International Operations. Argo Group's insurance subsidiaries are A. M.
Best-rated 'A' (Excellent) (third highest rating out of 16 rating
classifications) with a stable outlook, and Argo Group's U.S. insurance
subsidiaries are Standard and Poor's-rated 'A-' (Strong) with a stable
outlook. More information on Argo Group and its subsidiaries is
available at www.argolimited.com.

View Comments and Join the Discussion!