Amwins acquires Kilpatrick, expands benefits offerings in Texas market
NORTH CAROLINA, UNITED STATES — Amwins, a global distributor of specialty insurance products and services, has acquired Kilpatrick Companies, a Houston-based general agency specializing in employee and individual benefits, for an undisclosed sum.
Kilpatrick Companies joins Amwins Connect platform
The deal will see Kilpatrick Companies merge with Amwins Connect, a national general agency that provides a comprehensive range of health and ancillary insurance solutions to brokers and consultants across the U.S.
“For over 50 years, our team has empowered brokers to efficiently provide employee benefits and achieve outstanding success for their clients,” said Scott Kilpatrick, Chief Executive Officer of Kilpatrick Companies.
“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.”
Amwins’ expanding footprint and capabilities
Adam Mathis, President of Amwins Connect, emphasized the synergies of the acquisition, stating, “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,” he added.
With a 50-year history, Kilpatrick Companies is one of the largest agencies in the Texas market. It is known for its innovative solutions in the benefits industry.
Amwins, based in Charlotte, North Carolina, is among the largest independent wholesale distributors of specialty insurance products in the U.S., with a workforce of 7,400 employees operating through more than 155 offices globally. The company handles premium placements in excess of $33 billion annually.
Amwins provides various outsourcing services related to insurance and employee benefits. It partners with insurance agents to manage implementation, administration, and renewal services for group life, health, and other employee benefit programs. It also offers business process outsourcing (BPO) services to help insurance brokers and consultants effectively manage their existing book of business as well as develop new opportunities
By joining forces, Amwins and Kilpatrick Companies are poised to drive innovation and growth in the employee benefits industry, leveraging their combined expertise, resources, and commitment to exceptional service.
