AmWINS Group, Inc. Acquires London American General Agency, Inc. Re-brands transportation operations as AmWINS Transportation Underwriters

Oct 18, 2007

AmWINS Group, Inc., one of the nation’s largest and most diversified wholesale insurance brokers, announced today the acquisition of London American General Agency, Inc. (“London American”).

Based in San Diego, California, London American is a full-service managing general agent and program underwriter for the commercial transportation business with a special focus on limousines, truckers and transportation.

“The acquisition of London American is yet another example of our commitment to expand and diversify our portfolio of product offerings and expertise for our customers,” said M. Steven DeCarlo, Chief Executive Officer of AmWINS Group, Inc.

London American provides AmWINS with a west coast transportation underwriting presence and complements AmWINS existing transportation business, formerly operated under the name Seaboard Underwriters, Inc. AmWINS has combined its legacy Seaboard transportation business with London American under the name AmWINS Transportation Underwriters, Inc.

“By acquiring London American we are demonstrating to our customers that we are committed to being the leading, national provider of insurance services to the transportation industry,” said Scott Reynolds, President of AmWINS’ Underwriting division.

Edward Maucere, Chairman and Chief Executive Officer of London American said, “We are very excited to join the AmWINS team. The combination of the two organizations provides our clients with unparalleled underwriting experience. This is a great win for our customers and carrier partners.”