AmTrust Financial Services, Inc. has hired Michael Tripp as regional vice president, head of MidAmerica region. Tripp joins New York, New York-based AmTrust from Chubb, where he spent the last four years as national vice president, small business sales. Previously, …
Michael Hall was an early insurance carrier entrant into the insuring cannabis space. Yet, even as it has grown and his competition increases, he doesn’t seem to worry about losing business to competitors or the potential of having to operate …
AmTrust Financial Services Inc. announced it has acquired the middle market management liability business of DUAL North America, which includes its underwriting team and renewal rights to the portfolio. As part of the transaction, seven DUAL professionals will join AmTrust’s …
AmTrust Exec, a division of AmTrust Financial Services, Inc., has introduced a commercial crime product designed to provide coverage for a range of medium- and large-sized businesses. The monoline commercial crime product covers loss from employee and third-party theft of …
AmTrust Financial Services said it will transfer to Liberty Mutual renewal rights in six states for its Republic personal lines business. The deal involves Liberty’s Safeco Insurance unit, and it will allow Republic General Agency personal lines agents to transition …
Liberty Mutual Insurance announced it has completed the acquisition of three European subsidiaries of AmTrust Financial Services: Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain. “Completing the acquisition of Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain further …
Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory approvals, is expected to close by May 1. Terms were not disclosed. AmTrust Ag, a …
AmTrust Financial Services announced leadership changes as it moves forward now as a private company. Its $2.95 billion privatization plan was finalized on November 28, 2018 after receipt of all approvals, according to the company. AmTrust Financial Services Inc. (AFSI) …
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services Inc. Arca Capital owns approximately 2.4 percent of outstanding shares of …
A.M. Best, which placed the ratings of AmTrust Financial Services under review with negative implications last November, says it is still reviewing the impact of the company’s plans to sell some of its fee business and take the insurer private …
