Amwins Global Risks Announces New Leadership Appointment
Amwins, a prominent distributor of specialty insurance products, has made a significant leadership change by announcing that Nick Abraham will be taking over as the Chief Executive Officer of Amwins Global Risks, replacing Nathan Mathis. This transition marks an important step in the ongoing evolution of the company as it seeks to enhance its operations and expand its market presence.
Nick Abraham's Career Journey
Nick Abraham's journey with Amwins began in November 2021, where he played a vital role in the Brokerage Division leadership team. His extensive experience prior to joining Amwins, especially his 17 years at Markel, has equipped him with invaluable insights and knowledge in the specialty insurance market. Known for his deep understanding of both carrier operations and wholesale broking, Abraham's leadership has been instrumental in driving the company’s strategic vision.
Scott Purviance's Perspective on the Transition
Scott Purviance, the Chief Executive Officer of Amwins Group, Inc., expressed confidence in Abraham's capabilities. He stated, "For the past 3 years, Nick has made a substantial impact across the Brokerage Division and truly embodies the Amwins servant leadership culture. His experience on the carrier side, combined with his wholesale broking knowledge, make him an ideal choice to lead the continued expansion of our operations." This endorsement signifies the trust the leadership has in Abraham's abilities to steer the company forward.
Changes in Leadership Roles
Nathan Mathis, who has held various significant roles within Amwins Global Risks, including the CEO position for the last three years, will move back to the US-based leadership team in Charlotte. Mathis has been pivotal in establishing the company as a leading independent Lloyd's broker, managing over $3 billion in placed premium. Purviance welcomed Mathis’s return to the US team, emphasizing the importance of his experience in driving key growth initiatives for the firm.
Mark Cody Steps into Presidential Role
Alongside these changes, Mark Cody, who is currently the Managing Director of Amwins Global Risks, will transition into the role of President. Cody has dedicated 25 years to Amwins Global Risks and will collaborate closely with Abraham to prioritize recruitment and strengthen carrier and syndicate relationships. This partnership is expected to bolster the firm's operations as they navigate through this leadership transition.
Continuing Leadership with James Drinkwater
James Drinkwater will maintain his role as Executive Chair of Amwins Global Risks, ensuring continuity in leadership as the company embarks on its next chapter. His guidance will be crucial as the organization adapts to new strategies under the fresh leadership team.
About Amwins Global Risks
Amwins Global Risks stands out as a specialist wholesale insurance and reinsurance broker, assisting clients to secure more than $3 billion in annual premiums within the London and global markets. With a commitment to delivering exceptional brokerage services, Amwins continues to play a pivotal role in the specialty insurance landscape. The company focuses on fostering relationships to meet the evolving needs of its clients in various sectors.
About Amwins Group
Amwins Group is recognized as one of the largest independent wholesale distributors of specialty insurance products in the U.S. They are dedicated to serving retail agents with a wide array of services including property and casualty products, specialty group benefits, and administrative support. Based in Charlotte, the company employs over 7,300 staff members and operates from more than 155 offices worldwide, handling premium placements that exceed $33 billion annually. Amwins strives to deliver comprehensive solutions to its client base across different insurance domains.
Frequently Asked Questions
Who is the new CEO of Amwins Global Risks?
Nick Abraham has been appointed as the new CEO, succeeding Nathan Mathis.
What experience does Nick Abraham bring to Amwins?
Nick Abraham has extensive experience from his roles at Amwins Brokerage Division and Markel, contributing significant knowledge in the specialty insurance sector.
Will Nathan Mathis remain with Amwins?
Yes, Nathan Mathis will rejoin the US-based leadership team in Charlotte, focusing on key growth initiatives.
What will Mark Cody's new role be?
Mark Cody will transition from Managing Director to President of Amwins Global Risks, collaborating with Nick Abraham.
What is the focus of Amwins Global Risks?
Amwins Global Risks focuses on providing wholesale insurance and reinsurance brokerage services, securing significant premium placements for its clients globally.
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