CHARLOTTE, N.C.--(BUSINESS WIRE)--AmWINS Group, Inc. (AmWINS) announces that Martin Reith, a senior insurance professional with more than 25 years of experience in the industry across underwriting, management and leadership roles, is joining the firm’s Board of Directors. Reith joins the AmWINS board as an independent director and brings broad experience and knowledge of the London market and the global insurance market.
Reith began his career in 1984 at Lloyd’s of London, starting at The Brockbank Group and then working with Mid Ocean and XL Capital. In 2001, with the support and backing of AIG, he founded Ascot Underwriting Ltd. and served as CEO until the end of 2008, at which point he became Non-Executive until 2011.
Under Reith’s leadership Ascot quickly grew to become one of the largest, most profitable and fastest-growing syndicates at Lloyd’s and continues to excel today. Reith’s leadership helped guide the firm from its initial launch through an expansion that now includes a number of overseas offices.
Reith has remained closely connected to the insurance and reinsurance markets since he left Ascot and has been associated with much of the M&A activity around Lloyd’s in recent years.
“We are excited to have Martin join our board and look forward to working together as we continue building our specialty distribution platform,” said M. Steven DeCarlo, CEO of AmWINS Group, Inc.
About AmWINS Group, Inc.
AmWINS Group, Inc. is a leading specialty distributor of insurance products and services with expertise across a diverse mix of property, casualty and group benefits products. The firm is headquartered in Charlotte, North Carolina and was ranked by Business Insurance magazine in 2013 as the largest P&C wholesale broker in the United States.
AmWINS employs more than 3,200 employees in 108 offices across 17 countries, including 78 in the United States. The firm manages more than $9.5 billion in premium across four divisions – Brokerage, Underwriting, Group Benefits and International.