Amwins Global Risks Appoints Nick Abraham as New CEO

Amwins Global Risks Welcomes New Leadership with Nick Abraham

Amwins, a leading global distributor of specialty insurance products and services, has announced a significant change in its leadership. Nick Abraham will take over as the new Chief Executive Officer of Amwins Global Risks, succeeding Nathan Mathis. This transition marks a pivotal moment for the firm as it continues to expand its operations.

Experience and Expertise

Nick Abraham has been an integral part of the Amwins Brokerage Division leadership since he joined the company in late 2021. His prior experience includes various senior leadership roles at Markel, where he spent 17 years honing his skills. This strong background makes Abraham well-equipped to navigate the challenges of the insurance industry.

Impactful Leadership

Scott Purviance, the Chief Executive Officer of Amwins Group, Inc., highlighted Abraham's substantial contributions over the last three years, stating, "Nick has made a substantial impact across the Brokerage Division and truly embodies the Amwins servant leadership culture." His unique blend of carrier-side experience and wholesale broking knowledge positions him as an ideal candidate to further the growth of the firm.

Transition and Growth

Nathan Mathis, who has served in several leadership roles within the company over the past six years—including three as CEO—will transition back to the U.S. leadership team in Charlotte. There, he will concentrate on prioritized growth initiatives for Amwins. Under Mathis's leadership, Amwins Global Risks has established itself as a premier independent Lloyd's broker, successfully representing over $3 billion in placed premiums.

New Roles and Responsibilities

As part of this leadership reshuffle, Mark Cody, who has served as Managing Director at Amwins Global Risks, has been promoted to President. Bringing 25 years of experience with the company, Cody will collaborate closely with Abraham to drive key activities, including recruitment efforts and enhancing relationships with carriers and syndicates.

Future Directions

The leadership changes at Amwins Global Risks indicate a strong and strategic direction for the firm. Together, Abraham and Cody aim to solidify the company’s position in the global insurance market while continuing to prioritize growth and client service.

Key Financial Milestones

With an annual premium placement exceeding $3 billion, Amwins Global Risks is poised for continued success and expansion. Their strategic operations not only focus on local markets but also on international opportunities, ensuring a well-rounded approach to insurance solutions.

About Amwins Global Risks

Amwins Global Risks stands as a specialized wholesale insurance and reinsurance broker that serves clients in the U.K. and beyond. The firm plays a crucial role in placing over $3 billion in premiums each year into the London and global markets. This capacity allows Amwins to deliver tailored insurance solutions that meet the varied needs of clients.

About Amwins

Amwins is one of the largest independent wholesale distributors of specialty insurance products in the United States. Dedicated to serving retail insurance agents, the company provides a diverse range of property, casualty, and specialty group benefit products. Operating from Charlotte, N.C., the organization is supported by a workforce of 7,300 employees and maintains over 155 offices worldwide, handling premium placements that exceed $33 billion annually.

Frequently Asked Questions

What is the significance of Nick Abraham's appointment as CEO?

Nick Abraham's appointment symbolizes a strategic shift within Amwins, aiming for continued growth and enhanced leadership in specialty insurance.

What prior experience does Nick Abraham bring to his new role?

Abraham has extensive experience in the insurance sector, including leadership roles at Markel, where he spent 17 years.

How will Nathan Mathis's role change following the leadership transition?

Nathan Mathis will return to the U.S. leadership team and focus on specific growth initiatives for the company.

What are the primary responsibilities of Mark Cody as President?

As President, Mark Cody will focus on priority activities such as recruitment and building relationships with key carriers and syndicates.

What is Amwins Global Risks's annual premium placement?

Amwins Global Risks places over $3 billion in premiums annually, highlighting its significant role in the global insurance marketplace.

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