AmWINS Group has accomplished the acquisition of Atlantic Hazard Professionals (ARS), a complete-organization wholesaler and handling prevalent agent comprising two entities: Atlantic Possibility Experts, Inc. and ARS-Latiff, LLC.
ARS has areas of function in New Jersey, New York and Florida. The company will establish into part of AmWINS’ brokerage division with the acquisition strengthening AmWINS’ home and casualty abilities. ARS provides in depth abilities in layout threats, workers’ payment and pro strains.
“In signing up for AMWINS, we are partnering not only with a main in our market, but also with a crew that shares our elementary determination to giving the finest feasible assistance and direction to retail brokers and their purchasers,” described Larry Maier, CEO of Atlantic Hazard Professionals, Inc. “We look for forward to introducing our encounter in challenging dangers to AmWINS’ now intense goods and system giving.”
“We’re delighted to be a part of the AmWINS loved ones and extend our goods assortment with the strategies now commonly readily available to us by suggests of this partnership,” said Diana Latiff, CEO of ARS-Latiff. “We’re self-confident that our staff and people will earnings from the mix of our two corporations.”
“The addition of Atlantic Possibility Experts not only broadens our placement abilities, but also expands our probable to offer you floor breaking responses to our retail shoppers and boosts the distribution footprint for our existing industry associates,” claimed Scott M. Purviance, CEO of AmWINS.
Situations of the transaction experienced been not disclosed.