National Truck Underwriting Managers, Inc.
Dowling Hales acted as financial advisor to National Truck Underwriting Managers, Inc. (“NTUM” or the “Company”) in its sale to AmWins Group, Inc. (“AmWins”). Founded in 1978, National Truck Underwriting Managers, Inc. is a family-owned independent wholesale and contract binding agency focused exclusively in the commercial trucking space. NTUM’s vast distribution network and their core team of specialty underwriters have made them the preferred truck market for over 40 years. NTUM will partner with AmWins to continue to expand the AmWins Transportation Unit and further support its distribution network. AmWins’ investment in technology will provide NTUM’s employees with further resources to expand their product and service offerings. The NTUM team will continue to operate in their current office in Bloomington, Minnesota with the NTUM brand. Taft Stettinius & Hollister LLP served as legal counsel to National Truck Underwriting Managers, Inc.
Target Company
National Truck Underwriting Managers, Inc.
Acquirer Company
AmWINS Group, Inc.
Acquisition Date
July 2021
Sector
Insurance
Industry
MGA / Wholesale / Program Mgr
Region
USA
State of Acquired
MN
Map

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