Insight and Intelligence on the London & International Insurance Markets

9 February 2012

AmWINS and Colemont tie-up creates $4.8bn premium business

13 April 2010

Private equity-backed US broker AmWINS has agreed a merger with fellow US wholesaler Colemont Global Group (CGG) to form an enlarged group that will place $4.8bn of premium annually.

The AmWINS-CGG tie up closely follows AJ Gallagher's announcement that it is acquiring the business of financial institutions specialist FirstCity. It also comes amid growing market speculation about merger and acquisition (M&A) activity among independent brokers.

AmWINS CEO Steven DeCarlo and president Skip Cooper will head up the combined group's management...

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