Amwins acquires NARDAC to expand energy and infrastructure business

Amwins has completed the acquisition of specialist energy and infrastructure broker NARDAC, after initially investing in the company in 2020 and purchasing the remaining privately held shares.

NARDAC’s wholesale, reinsurance, and underwriting operations will be integrated into Amwins’ existing Energy practice, which is being rebranded as the Energy, Power and Infrastructure practice. The combined operation places more than $1 billion in annual premium across Amwins Brokerage, Amwins Global Risks, and Underwriting divisions.

The practice focuses on risks tied to traditional energy systems, renewable energy, power technologies, and infrastructure. NARDAC’s specialty offerings, including community solar, battery energy storage systems (BESS), and severe convective storm coverage, will remain part of the platform.

The Energy, Power and Infrastructure practice will be co-led by Ben Abernathy, Rob Battenfield, and Jatin Sharma. Operations will span the US and London through Amwins Global Risks.

“As the needs of the market have evolved, we are excited to add NARDAC’s expertise to our practice, creating more options for our retail partners to access world class solutions. Formalizing this structure into a broad global offering that serves a significant portion of the energy and infrastructure markets will cement Amwins as a key wholesale partner for retail brokers and underwriters.” – Rob Battenfield, executive vice president at Amwins Brokerage and co-leader of Amwins Energy, Power and Infrastructure practice.