US wholesale insurance broker AmWINS has promoted chief financial officer Scott Purviance as its new chief operating officer.
Purviance, who has been AmWINS chief financial officer since 2001, will be responsible for the company’s accounting and financial operations, mergers and acquisitions, information technology and actuarial functions in addition to overseeing its day-to-day operations.
Purviance will continue in his current role of chief financial officer and will report to chief executive officer Steven DeCarlo.
DeCarlo said the decision to expand Scott’s responsibilities beyond the realm of finance is in line with the company’s strategy of growth across business lines and geographies.
"Scott’s broad insurance industry knowledge and contributions to AmWINS position him well for this new role," DeCarlo added.
Purviance served as the vice president of finance for the Business Insurance Division of Royal & SunAlliance USA prior to joining AmWINS. He was also a part of the insurance services assurance practice with PricewaterhouseCoopers.
AmWINS owns brokerage, underwriting and group benefit operations across 21 countries and is the largest wholesale insurance broker in the US by premiums placed.