AmTrust Financial Services, Inc. is an insurance company that provides various insurance products and services to businesses and individuals. AmTrust offers a range of insurance solutions, including workers’ compensation, small business insurance, specialty risk and extended warranty coverage, and more.

Here is a brief overview of some of the key areas in which AmTrust may offer insurance coverage:

  1. Workers’ Compensation:
    • AmTrust is known for providing workers’ compensation insurance to businesses. This coverage helps protect employees by providing benefits for work-related injuries, medical expenses, and lost wages. AmTrust often tailors its workers’ compensation solutions to the specific needs of different industries.
    • AmTrust operates its own dedicated workers’ compensation site, offering a specialized platform focused exclusively on workers’ compensation services. This site provides a comprehensive and tailored experience for businesses and clients seeking workers’ compensation coverage. Users can access essential features related to claims management, policy information, and various online functionalities. The specialized workers’ compensation site underscores AmTrust’s commitment to efficiently and effectively serving the unique needs of its clients in the realm of workers’ compensation insurance.
  2. Small Business Insurance:
    • AmTrust offers a variety of insurance products for small businesses. This may include general liability insurance, property insurance, commercial auto insurance, and other coverages designed to meet the unique needs of smaller enterprises.
  3. Specialty Risk and Extended Warranty:
    • AmTrust is involved in providing specialty risk insurance, including extended warranty coverage. This could apply to businesses that offer warranties on products and want protection against potential financial losses.
  4. Cyber Liability Insurance:
    • Given the increasing importance of cybersecurity, AmTrust may offer insurance solutions to protect businesses from the financial impact of cyberattacks, data breaches, and other cyber threats.
  5. Commercial Property Insurance:
    • Coverage for commercial properties, protecting against risks such as fire, theft, and natural disasters.
  6. Surety Bonds:
    • AmTrust may provide surety bonds, which act as financial guarantees that obligations will be met in various business transactions.


Top 5 Advantages of Choosing AmTrust:

  1. AmTrust holds a prominent position globally as a commercial Property & Casualty (P&C) market leader and stands as the third-largest workers’ compensation provider in the United States.
  2. Benefit from an exceptional claims management team dedicated to delivering superior service.
  3. Access AmTrust Online, a platform available 24/7/365, providing comprehensive access to claims and policy information. Additionally, you can conveniently submit over 200 eligible business classes through Bine Online.
  4. Enjoy a diverse and extensive product portfolio that spans multiple lines, featuring competitive and affordable pricing.
  5. Provide your clients with flexibility through various payment options, including Easy Pay, AutoPay, Pay-As-You-Owe®(PAYO®), and more.

AmTrust Financial Services, Inc., headquartered in New York City, is a multinational insurance company specializing in property and casualty coverage. Their offerings include workers’ compensation, general liability, business owners policies (BOP), cyber liability, employment practices liability (EPLI), and more.

The company operates through various subsidiaries and is structured into three segments: small commercial business insurance, specialty risk and Extended Warranty insurance, and Specialty Middle-Market Property and Casualty insurance. AmTrust’s primary operational regions include North America, the United Kingdom, and mainland Europe. The company holds an “A−” (Excellent) rating from AM Best Company, with Barry Zyskind serving as the chairman and CEO.

History of AmTrust Financial Services:

AmTrust Financial Services was established in 1998 by brothers George Karfunkel and Michael Karfunkel. In 2005, Ronald E. (Ron) Pipoly assumed the role of CFO. The company went public, trading on the NASDAQ Global Select Market, on November 13, 2006.

In 2016, Barry Zyskind, who is the son-in-law of Michael Karfunkel, took on the role of chairman, in addition to being the CEO and president. Forbes recognized Zyskind as the best-performing CEO in the insurance industry in December 2014. Adam Karkowsky became CFO in 2017.

In November 2018, AmTrust underwent a go-private transaction, merging with Evergreen Parent, L.P., an entity formed with private equity funds managed by Stone Point Capital LLC, along with the Karfunkel-Zyskind family.

January 2019 saw the voluntary delisting and deregistration of all series of preferred stock and subordinated notes by AmTrust. Adam Karkowsky assumed the role of president in December 2019.

In January 2019, AmTrust entered into a quota share agreement with Swiss Reinsurance America Corp for U.S. small commercial business.

On June 17, 2020, the U.S. Securities and Exchange Commission filed a complaint against AmTrust and its former CFO, Ron Pipoly, alleging inadequate disclosure of the company’s actuarial process for estimating loss reserves. The company settled without admitting or denying the allegations, agreeing to a $10.3 million civil penalty, while Pipoly agreed to a civil penalty, disgorgement payment, and interest totaling $237,499 to resolve the claims.