AmWINS Group, Inc., a global provider of specialty insurance products, announced today that it has signed an agreement to acquire Stealth Partner Group.

AmWINS says the acquisition will help them provide better stop-loss services to retailers and their self-funded clients.

Stealth Partner Group is an independent full service general agent specializing in medical stop-loss insurance. Stealth was founded in 2009 and is headquartered in Arizona.

“As the number of self-funded employer groups continues to increase, the addition of Stealth significantly expands our ability to empower brokers to provide stop-loss and cost containment solutions to their self-funded clients,” said Scott Purviance, CEO of AmWINS.

Stealth will combine with AmWINS’ Stop-Loss Insurance unit. The combined firm will be part of the Group Benefits division and operate under the Stealth Brand and will be led by Stealth’s Patricia Berridge and Harley Barnes.

The transaction is expected to close in the fourth quarter and terms of the deal were not disclosed.