AmWINS Group, Inc. Completes Acquisition of Gresham & Associates
AmWINS Group, Inc. (“AmWINS”) is pleased to announce that it has completed its acquisition of Gresham & Associates, Inc. (“Gresham & Associates”)
Gresham & Associates, which placed $340 million in premium last year, was established in 1979 by Jim Gresham and has grown to become one of the largest and most well-respected managing general agents (MGA) and wholesale brokerages in the country. They are currently ranked by Business Insurance as the sixth-largest MGA in the United States.
The acquisition further positions AmWINS as a leading international specialty insurance distributor placing over $7.5 billion in annual premiums. The company now has more than 2,800 employees in 18 countries worldwide. AmWINS is ranked by Business Insurance as the largest property and casualty wholesale broker in the U.S. based on premiums placed.
In conjunction with the acquisition, Tony Gresham, president of Gresham & Associates, will assume the additional role of CEO of Gresham & Associates. Jim Gresham will continue as Chairman of Gresham & Associates.