I look forward to joining American Family and continuing to lead the Bowhead franchise.” The deal is designed to expand American Family’s commercial insurance portfolio while capitalising on Bowhead’s specialty underwriting capabilities. “We’re pleased to welcome Bowhead’s talented team and commercial specialty capabilities to American Family,” said Bill Westrate, Chair and Chief Executive Officer of American Family. Upon completion of the transaction, Bowhead will operate as a standalone entity within the American Family platform. The acquisition will be funded by American Family using cash and liquid investments on hand.