Amwins Enhances Portfolio with CAIS Acquisition
Deal News | Mar 05, 2025 | Re-Insurance News
Amwins, a leader in specialty insurance products and services, has acquired Community Association Insurance Solutions (CAIS), a Managing General Agent specializing in insurance solutions for homeowners associations and similar groups. This acquisition will see CAIS operate under Amwins Underwriting, expanding its specialty offerings within the community association niche. CAIS brings expertise in specific market products and operates a proprietary technology platform, MGAlive.com, which simplifies insurance processes for agents. This strategic acquisition enhances Amwins' presence in the community association insurance space. Dowling Hales acted as the exclusive financial advisor to CAIS during this transaction. Key executives from both companies expressed enthusiasm for the operational and cultural fit, as well as future opportunities.
Sectors
- Insurance
- Technology
Geography
- United States – Both Amwins and CAIS are based in the United States, and the acquisition is aimed at expanding offerings in this market.
Industry
- Insurance – The acquisition involves companies specializing in insurance products, particularly for community associations.
- Technology – CAIS provides a technology platform MGAlive.com, which streamlines insurance processes.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Amwins | Acquirer | Company | A distributor of specialty insurance products and services. |
| Community Association Insurance Solutions (CAIS) | Target Company | Company | A Managing General Agent specializing in insurance solutions for homeowners associations, townhomes, condominiums, and planned unit developments. |
| Dowling Hales | Financial Advisor | Company | The exclusive financial advisor to CAIS during the transaction. |
| Ryan Armijo | President | Person | President of Amwins Underwriting. |
| Anthony Nola | President | Person | President of Community Association Insurance Solutions. |