Amynta Group completes acquisition of Southern States Underwriters

✦ Meridian Analysis

Amynta Group has closed its purchase of Southern States Underwriters and SSC Insurance Agency, a specialty managing general underwriter that writes commercial property and casualty policies for the agribusiness market. The deal, announced in August and completed on 22 October, transfers ownership of the underwriting platform and the attorney‑in‑fact role for the Southern States Insurance Exchange to Amynta. The mechanics are that of a full acquisition of an MGA and its affiliated agency, allowing Amynta to integrate the target’s portfolio, distribution relationships and underwriting expertise into its broader insurance‑services business. No price, financing terms or advisory arrangements were disclosed. Going forward, market participants will look for details on the purchase price, any debt or equity financing used, and the identities of legal and financial advisers.

The Meridian Weekly