Amynta Group, a provider of property/casualty insurance and warranty protection products and services, has acquired a workers’ compensation insurance book of business from Houston International Insurance Group (HIIG).
This acquisition broadens Amynta’s workers’ compensation practice and geographic presence in the Southwest.
The business will be conducted through Dallas-based Southwest Risk Agency Services, Amynta’s specialty lines insurance broker and binding authority underwriting facility built to serve the needs of independent agents for medium to small commercial accounts.
Sharen Perkins, vice president of the Specialty Workers’ Compensation Division at HIIG, will lead the transition of the business and join Southwest Risk Agency Services.
As part of the transaction, Amynta has partnered with Chicago-based Clear Spring Property and Casualty Co. to provide underwriting capacity for the business.
New York-based Amynta Group has operations in North America, Europe, and Australia, and serves carriers, wholesalers, retail agencies, auto dealers, OEMs, and consumer product retailers with insurance and warranty protection products and services. Amynta operates through three segments: managing general agencies; warranty, including automotive, consumer and specialty equipment; and specialty risk services.
Source: Amynta Group
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