AmWINS Acquired Seacoast Brokers and Affiliated Entities

On 1/31/18, AmWINS announced it would acquire Seacoast Brokers and Trident Claims

• Terms of the transaction were not disclosed

Seacoast joined AmWINS’ Access division focused on small commercial and personal lines

• Provided extensive market access combined with tailored underwriting and leading technology
• Expanded AmWINS Access’ personal lines products and services
• Seacoast gained access to all AmWINS products and retail clients upon joining AmWINS family

Seacoast Brokers, a subsidiary of DBH Global, Inc., is a personal lines specialty MGA

• Formed in 2001 and based in Hilton Head Island, South Carolina
• Offers coverage predominantly for secondary, seasonal, vacation, and rental properties
• Properties located in CAT exposed and/or resort-oriented communities around the country
• Products distributed through a broad network of independent agents
• Offers both CAT and non-CAT products through a panel of A.M Best ‘A-’ rated or better carriers(a)

Trident Claims Management is Seacoast Brokers’ affiliated third-party claims administrator

• Formed in 2011 and manages all claims policies issued by Seacoast Brokers

AmWINS is the largest wholesale distributor of specialty insurance products in the United States(a)

• Based in Charlotte, NC and handles premiums in excess of $14 billion dollars annually(a)
• Offers P&C and specialty group products as well as administrative services

TCMA acted as financial advisor to DBH; key transaction steps led by TCMA include:

• Assisting in initial and ongoing valuation analysis
• Leading a broad auction process and introducing the counterparties
• Offering key insight around key transaction terms and conditions
• Assistance to DBH in negotiation of final transaction terms
• Assisting to achieve a premium valuation for all acquired entities
• Providing objective advice and acting as a confidant to the seller group throughout the process