Founders Ray Kite, Tom Wilson and Mark Warren are selling the business to Integro, a New York based group that makes regular acquisitions of niche brokers.
KWW is focussed on placing hull, protection and indemnity and other covers for shipowners with Greece and the Far East among its key international markets.
Integro is best known as a broker of medical malpractice and professional indemnity risks although it has a marine cargo business and a notable speciality in cargo rejection cover.
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