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Who we are
Group businesses
The AmTrust Group is a multinational speciality property and casualty insurance group. Formed in 1998, it has insurance platforms in the United States, Europe and Bermuda providing a balanced portfolio of insurance products. There are over 30 AmTrust offices throughout the world.
The parent, AmTrust Financial Services, Inc. (AFSI) became publicly traded on the NASDAQ Global Market in November 2006.
With its extensive underwriting experience and a prestigious ‘A-’ (Excellent) credit rating from A.M.Best, the AmTrust Group has earned a reputation as an innovative, technology driven provider of insurance products.
From its headquarters in London, AmTrust Europe Limited focuses on working with its clients to deliver their global business needs. Its product lines include property, legal expenses, casualty (particularly employers’, public and product liability and professional indemnity insurance), warranty and other specialty risks, surety, accident & health, affinity.
It underwrites from offices in London, Nottingham, Manchester, Milan. Its focus on its clients has helped it to deliver record results in 2011.
AmTrust International Underwriters Designated Activity Company is based in Dublin and regulated by the Central Bank of Ireland. It specialises in affinity products, latent defect, warranty, GAP, engineering, retailer & manufacturer schemes, computer insurance and liability internationally.
Like AmTrust Europe Limited, its underwriters work closely with their clients to fully understand their business and to develop products which help the client take advantage of its opportunities.
AmTrust Insurance Spain S.L.U is an underwriting agency of AmTrust Europe Limited. Established in 2011, AmTrust Insurance Spain S.L.U is a specialist team of surety underwriters and underwrites on behalf of AmTrust Europe Limited across the globe.
AmTrust Nordic AB is the AmTrust Group's platform in Scandinavia.
Established in 2005 AmTrust Nordic AB, is a wholly owned subsidiary of AmTrust International Underwriters Designated Activity Company. It is involved in underwriting, risk and claims management throughout Scandinavia. With support from colleagues in Dublin, London and Nottingham, AmTrust Nordic is able to handle the whole process from development of the idea behind a scheme to claims management.
Clients include Automotive, Banks, Leasing Companies, Retailers, Manufacturers, Trade Unions, Real Estate Agents, Real Estate Developers, Telecom Companies, Service Companies, Security Companies, Power and Utility Companies.
Click-through timeline of events
AmTrust Financial Services Inc, is rated as the 60th fastest growing company in the US.
AmTrust Europe Limited business continues to grow, announcing record profits for 2011.
To enhance its presence within the European market, AmTrust Europe opens an office in Milan.
AmTrust Insurance Spain is set up to underwrite surety business internationally.
Following the rapid expansion of the European Head Quarters, all staff relocate to a new office within the City at Minster Court. The box at the prestigious Lloyd's of London is maintained as a hub for brokers and intermediaries to present their business.
MMCM, an Italian claims management company is acquired to manage Amtrust’s claims in Italy.
Following the acquisition, IGI rebrands to AmTrust Europe; a strategic decision to ensure the consistency and strength of the already established AmTrust brand.
AmTrust acquires IGI Group Limited, a speciality risk insurance group based in the United Kingdom.
AmTrust becomes publicly traded and begins trading on the NASDAQ Global Market under the symbol AFSI.
AmTrust Nordic AB opens in Stockholm, a subsidiary of AmTrust International Underwriters; a hub in Scandinavia for AmTrust Financial Services, Inc and its European insurance companies.
AmTrust creates a specialty risk and extended warranty insurance team, situated in the world renowned Lloyds Building within the City of London.
Max Caviët is appointed CEO of AmTrust's European Operations.
AmTrust International Underwriters is established in Dublin, Ireland.
AmTrust's current majority stockholders acquired the company and its affiliates Technology Insurance Company and AmTrust International Insurance from Wang Laboratories and changed its name to AmTrust Financial Services, Inc.
Summary
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