Tuesday, March 13, 2012

Breaking News: Insurance Wholesaler AmWINS Up for Sale: Sources

Insurance Journal Breaking News
March 14, 2012

Breaking News Alert

Insurance Wholesaler AmWINS Up for Sale: Sources

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The owners of AmWINS Group Inc., the largest wholesale insurance broker in the United States by premiums placed, have put the company up for sale, expecting a valuation of about $1.5 billion, three people familiar with the matter said on Tuesday.

An auction for a majority stake in AmWINS, which owns brokerage, underwriting and group benefit operations across 21 countries, is underway and has attracted interest from private equity firms and strategic buyers, the people said.

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