Amwins acquires Texas benefits general agency
Amwins acquires Texas benefits general agency | Insurance Business America
Benefits
Amwins acquires Texas benefits general agency
Unit president cites clear “mutual mission”
Benefits
By
Terry Gangcuangco
Specialty insurance products and services distributor Amwins has snapped up benefits general agency Kilpatrick Companies in Texas for an undisclosed sum.
Based in Houston, Kilpatrick specializes in employee and individual benefits. Under the deal, the business will become part of Amwins Connect, which distributes health and ancillary insurance solutions through brokers and consultants nationwide.
“Amwins Connect offers the size, scale, and proprietary products of a national general agency and will provide Texas brokers, carriers, and their partners access to new business-building tools,” declared Adam Mathis, president of Amwins Connect.
“Partnering with Kilpatrick enhances our diverse offering while building upon our value proposition of seamlessly connecting every point of the benefits journey for brokers, carriers, and their clients. Our mutual mission is clear: to be the firm brokers trust to deliver the best client experience and build the future of their businesses.”
Amwins Connect’s capabilities include quoting and proposals as well as onboarding and eligibility. It has a diverse portfolio of insurance offerings across multiple business lines, plus services developed specifically to support its broker partners.
Scott Kilpatrick, chief executive of the acquired general agency, noted: “For over 50 years, our team has empowered brokers to efficiently provide employee benefits and achieve outstanding success for their clients.
“As we look to the future, we are committed to innovating, inspiring, and driving the evolution of the benefits industry. Joining the Amwins Connect family enhances our unwavering dedication to our employees, carrier and broker partners, and the clients they serve.
“This partnership will accelerate our development plans for new products, services, and technology, fostering growth and success for all.”
The wider Amwins group operates through more than 155 offices globally, handling more than $33 billion in premium placements annually and employing 7,400 people.
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