AmWINS Group Inc. said it acquired The American Equity Underwriters Inc., a national provider of insurance programs for maritime employers with a special expertise in U.S. longshore and harbor workers compensation insurance. Term of the deal were not released.
The Charlotte, N.C.-based wholesaler announced plans to acquire the Mobile, Ala.-based American Equity Underwriters in early May.
American Equity Underwriters has over 50 employees in its three locations: Mobile, Ala., New Orleans and Houston. The firm is licensed in all states and serves as a program manager for Bermuda-based American Longshore Mutual Association Ltd.
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