CHARLOTTE, N.C.--(BUSINESS WIRE)--THB, one of the specialty market’s largest independent Lloyd’s broking operations with over 50 years of experience, will retain its brand name in Latin American regions following the renaming of the UK operation to Amwins Global Risks. With established operations in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico and Peru, THB has built a powerful reputation in the region through strong relationships and niche expertise.
“We are proud to take forward the THB name and with it the exceptional results we have all achieved through our individual businesses as part of the wider Amwins Group,” said Eduardo Lucena, CEO of THB Brasil. “We will continue to strengthen and build on the long-lasting relationships with our clients and deliver customized insurance and reinsurance solutions in the region and around the world.”
Throughout 2020, THB was able to maintain growth despite the COVID-19 pandemic and win business with some of the largest accounts in the company’s history. To further grow its offerings and services this year, THB LatAm is focused on uniting and integrating its offices across geographies. To facilitate this co-ordinated regional approach THB has created a Latam leadership team made up of the heads of the regional offices and key Latam-focused leaders within the wider Amwins Group both in London and the US. The wider regional-focused strategy allows for greater knowledge share across countries, ultimately allowing for more customized solutions (i.e. an expert in mining insurance in Chile, is leveraged to support an account in Argentina).
This announcement follows the news today that the London and Amsterdam-based broking teams of THB has been renamed as Amwins Global Risks to align more closely with parent company Amwins Group, the largest wholesale broker in the United States placing over $22 billion in annual premium. The THB brand will continue to be linked to Amwins through its website and various other channels. Additionally, both teams will work together as partners to share access to resources such as technology and practice area expertise to provide top notch services for clients.
“THB Latin America has a strong entrepreneurial spirit and has been key in our global growth over the years. Their regional knowledge is literally invaluable and we are excited to continue our partnership together,” said Matthew Crane, President Amwins International.
“We remain absolutely committed to the LatAm region where our THB colleagues are recognised for their broking expertise in specialist insurance, reinsurance and employee benefits,” added Scott Purviance, Amwins Group CEO.
To learn more about THB LatAm visit https://www.thbgroup.com/
Notes to editors:
Amwins Global Risks is the new name for the Lloyd’s broking operation of THB, the specialist (re)insurance and risk management group.
The Group’s Latin American and South Korean operations will continue to operate under the THB name.
THB is a brand name of Amwins Group, Inc., a global specialty insurance distributor with some 5,400 employees across more than 100 office locations worldwide. Amwins handles over $22 billion in premium and is ranked the largest wholesale insurance broker in the U.S. by Business Insurance magazine.