AmTrust Financial Services

Company Profile: AmTrust® began in 1998 with a commitment to innovation in small business insurance and has grown into a global property and casualty provider with a broad product offering. The company has grown, but their commitment to innovation and service remain the same.

AmTrust® today has over 7,000 employees serving 70 countries and has become a top U.S. commercial insurer and a leading global provider of warranty products and specialty risk. Their investments in people and proprietary technology allow us them to offer customers the most innovative insurance products to meet their needs today and anticipate their needs for tomorrow.

AmTrust® features a balanced mix of business lines, the portfolio endures by maintaining strong retention rates and benefiting from both lower pricing pressures and volatility. The more they learn from historical claims data, the better they can build programs, products and services to help prevent loss, prepare for risks and prevail when the unexpected occurs.
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AmTrust® unified portfolio of products includes:
  • Small Commercial Business Insurance and Workers’ Compensation
  • Specialty Risk and Extended Warranty Insurance
  • Specialty Middle-Market Property and Casualty Insurance and Surety.

milestones:
  • 1998 - AmTrust® Financial Services was founded.
  • 2001 – Enters the small business workers’ compensation market.
  • 2002 – 2005 -Acquires Princeton Agency in the Northeast, Covenant Group in the South and Alea and enters specialty middle market property and casualty business.
  • 2006 - Becomes publicly traded on the NASDAQ Global Market under the symbol AFSI, acquires Murfield with workers’ compensation business in the Midwest and Wesco Insurance Company which is licensed in all 50 states.
  • 2008 – 2010 - Acquires Unitrin Business Insurance, CyberComp™ workers' compensation business unit of Swiss Re, and Majestic, marking AmTrust’s entrance into the California workers’ compensation market.
  • 2011 – 2013 - Acquires BTIS, CardinalComp, Car Care Plan Holdings with warranty business worldwide, and Sequoia and Tower Group International solidifying market leadership in small commercial business segment.
  • 2014 – 2015 - Acquires Comp Options Insurance Company, Inc., Insco Dico Surety who does business in all 50 states, completes integration with AmTrust IT operating platform, acquires Warranty Solutions, a Wells Fargo business and ranks 11 th largest commercial lines writer in the U.S.
  • 2016 – Completes 14 acquisitions and acquires ANV Holdings B.V. a specialty insurance company and Nationwide Title Agency, LLC and its subsidiaries.
  • 2017 - Named to the Fortune 500, with a ranking of 475 on the 63rd annual Fortune 500.
  • 2019 - Announces agreement with Swiss Reinsurance America Corp (“Swiss Re”) for covering U.S. small commercial business totaling approximately $2.9 billion in projected written premiums.
Financial Stability:
  • AmTrust® Financial is rated “A-” from A.M. Best and well positioned to provide coverage for those in need of a strong, agile partner.
  • AmTrust business model is focused on generating steady, stable and positive growth. A disciplined, conservative and opportunistic path to achieving long-term, sustained profitability.
  • AmTrust remains focused on profitable growth based upon a philosophy of niche diversity, low-hazard risk and offering the best service experience, driven by innovation, transformative technology, and excellence in data analytics.
  • 2018 Direct Written Premiums more than $8.9 billion.

Employee and Customer Oriented:
  • AmTrust® Financials’ commitment to excellent customer service is the foundation of their products and capabilities. The experienced, reliable staff of expert underwriters and salespeople remains steadfastly dedicated to treating agents and policyholders with the individual attention they deserve, regardless of the size of their businesses. Their commitment to excellence is at the root of all AmTrust products and capabilities.
  • Clients can always be assured that they’re working with one of the most financially secure insurance providers in the market.
  • Employee accelerated growth rate means unparalleled career advancement opportunities and a chance to be a part of continuous innovation, because Your Success is Our Policy®!

Company Highlights:
  • AmTrust® Financial continues to target low-to medium-hazard businesses and sophisticated small and middle-market businesses, such as retail and wholesale operations, service operations and nonprofit organizations throughout the United States that are generally underserved by larger insurance carriers.
  • AmTrust works with a network of independent insurance agents, MGAs and claims administrators who rely on AmTrust to reduce, mitigate and transfer risk.
  • Market focus continues to be on Multiline Small Business including lumber, restaurants, automotive service centers, financial institutions and many more, Program Business such as retail and wholesale operations, service operations and non-profit organizations and Specialty Risk and Extended Warranty serving manufacturers, retailers and third-party warranty administrators around the world.
  • AmTrust recently announced an organization-wide program called AmTrust Forward, aimed at building on their successful history in order to remain strong and profitable for the future. The initiative sharpens focus and leverages unique strengths to continue to be a leading provider of specialty commercial P&C products and services in the U.S. and internationally.

 Industry Rankings:
  • AmTrust® Financial is the 16 th largest Property and Casualty Insurer/Group in the United States based upon 2018 revenue.
  • 5 th largest writer of Workers Compensation Insurance in the United States.
  • 11 th largest writer of Commercial Auto Insurance in the United States.
  • Ranks 475 th on the current Fortune 500 list of largest corporations in the United States..​
www.amtrustfinancial.com
(425) 681-0996
8195 166th Ave Ne, #201
Redmond, WA 98052
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