Daily Insurance Industry News
 
 
Daily Insurance Industry News
Tuesday 23rd of January 2018
January 26, 2012

AmWINS completes THB acquisition

by Richard Kilner

Story link: AmWINS completes THB acquisition

AmWINS Group, Inc. has announced that its acquisition of THB Group plc has been completed.

Independent insurance and reinsurance broker and risk management business THB is principally based in the London insurance and reinsurance market, and its global network of offices enables it to serve clients and markets in the UK and internationally.

Following the acquisition AmWINS now has over 2,300 employees working in 21 countries across the globe.

AmWINS Group Chief Executive Officer Steve DeCarlo said that the firm had held THB and its management in high regard for many years, and expressed his delight at welcoming them to AmWINS.

THB Group Chief Executive Frank Murphy described the move as a historic milestone in the firm’s history, adding that THB was proud to become part of the AmWINS family.

The acquisition was first announced in the final quarter of 2011, and will see THB retain its brand identity.

 

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