AmWINS completes deal to acquire Seacoast, Trident

Two companies will become part of AmWINS’ delegated-authority business

AmWINS completes deal to acquire Seacoast, Trident

Insurance News

By Ryan Smith

AmWINS Group has announced that it has completed its acquisition of Seacoast Brokers and Trident Claims Management. Terms of the transaction were not disclosed.

Seacoast, based in South Carolina, is a personal lines specialty MGA that designs, distributes and services surplus lines homeowners’ business across the country. Trident is a licensed third-party claims administrator that manages claims on all Seacoast-issued policies.

The two companies will become part of AmWINS’ Access division, a nationwide delegated-authority business that focuses on small commercial property and casualty lines.

AmWINS is the largest independent wholesaler of specialty insurance products in the US, serving retail insurance agents by providing P&C products, specialty group benefit products and administrative services. The North Carolina-based company operates in more than 100 offices globally and handles premium placements of more than $14 billion annually.   

 

 

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