Amwins acquires Maryland-based general agent M.T. Donahoe & Associates
Amwins, a US-based specialty insurance products and services distributor, has acquired CBIZ M.T. Donahoe & Associates (MTDA), a Maryland-based general agent, which specializes in employee and individual benefits and services.
The financial terms of the deal were not disclosed.
Becky Patel – CEO of Amwins Connect said: “We’re excited to welcome Mike and the entire MTDA team to the Amwins family.
“This partnership further enables our mission to seamlessly connect every point of the benefits journey for brokers, carriers and their clients.”
Michael Donahoe, Jr., who is the president of M.T. Donahoe & Associates, will join Amwins Connect’s leadership team.
Adam Mathis – President of Amwins Connect said: “Mike has a deep knowledge of the industry and a drive for results.
“As an integral part of the team, he will be critical in our commitment to supply the right support and technology for the best possible broker experience.”
M.T. Donahoe & Associates will join the group benefits unit of Amwins to further complement the services of Amwins Connect Administrators.
Last month, Amwins signed a deal to acquire Equisure, a provider of insurance for equine and canine risks.