Filed Under:Agent Broker, Commercial Business

AmWINS Acquires Gresham & Associates

AmWINS Group, Inc. says it will acquire Gresham & Associates, Inc. in a deal that is expected to close by the end of the year.

Financial terms of the transaction were not released, says an AmWINS spokesman.

Established in 1979 by Jim Gresham, Gresham placed $340 million in premium last year. The firm currently has nine offices primarily in the South, with three offices in Florida.

AmWins says that once the acquisition is complete, the combined firm will place more than $7.5 billion in annual premiums and be home to nearly 2,800 employees in 90 offices across 18 countries.

In conjunction with the acquisition, Tony Gresham, current president of Gresham & Associates, will assume the additional role of chief executive officer of Gresham & Associates with responsibility for all sales and business operations. Jim Gresham will continue as chairman of Gresham & Associates. 

Featured Video

Most Recent Videos

Video Library ››

Top Story

Future is bright for renewable energy market

A buyers’ market for coverage and strong growth in renewable energy, particularly in solar and wind power, provides opportunity for agents and brokers looking to grow their book.

Top Story

7 steps for keeping business after your contact leaves

No matter how well your producers get along with their customers, there are no guarantees that the customers will renew each year.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.