AmTrust Bank

Luke Kwiatkowski Joins Holborn Corporation as Senior Vice President and Chief Financial Officer

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Insurance, Finance, Certified Public Accountant, KPMG, AmTrust Bank, CFO, Senior, AmTrust Financial Services, P&C, Lehigh University, Economics, Business, CPA

Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced today that Luke Kwiatkowski has joined the company as Senior Vice President and Chief Financial Officer.

Key Points: 
  • Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced today that Luke Kwiatkowski has joined the company as Senior Vice President and Chief Financial Officer.
  • Mr. Kwiatkowski will be based in New York City and will report to Frank Harrison, Chairman of the Board and Chief Executive Officer.
  • As CFO, Mr. Kwiatkowski will be responsible for all financial matters of the firm, including strategic financial planning, corporate accounting, financial reporting and account services.
  • Mr. Kwiatkowski joins Holborn from property & casualty insurer AmTrust Financial Services where he was a Vice President and Deputy Global Controller.

PetroSure Partners with AmTrust to Deliver Workers’ Compensation Coverage to the Upstream Onshore Oil and Gas Industry

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Small Business, Oil, Gas, Insurance, Energy, Finance, Consulting, Partnership, Senior, AmTrust Bank

PetroSure , a highly specialized multi-line coverage program for the onshore oil and gas industry, has partnered with AmTrust Specialty Programs to provide industry-focused workers’ compensation coverage.

Key Points: 
  • PetroSure , a highly specialized multi-line coverage program for the onshore oil and gas industry, has partnered with AmTrust Specialty Programs to provide industry-focused workers’ compensation coverage.
  • AmTrust Specialty Programs, a division of AmTrust Financial, Inc., is a leading provider of property and casualty insurance programs across various industries.
  • “AmTrust Specialty Programs is an ideal partner for PetroSure on this new coverage offering,” said Tyler Hamilton, PetroSure’s Director and Senior Vice President.
  • “We are pleased to enter into this new program with PetroSure and combine our expertise in workers’ compensation with their robust product offerings focused on the oil and gas industry,” said Dan Hickey, President of AmTrust Specialty Insurance.

AmTrust Announces Quarterly Cash Dividends on Preferred Stock

Retrieved on: 
Monday, February 5, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Insurance, AmTrust Bank, AmTrust Financial Services

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

Key Points: 

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

AmTrust Appoints James Thanasules as President of AmTrust Title

Retrieved on: 
Wednesday, January 31, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Insurance, AmTrust Bank, Growth, Senior, CLE, United, Blockchain, Nursing

AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced the appointment of James Thanasules as President of AmTrust Title Insurance Company (“AmTrust Title”).

Key Points: 
  • AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced the appointment of James Thanasules as President of AmTrust Title Insurance Company (“AmTrust Title”).
  • In this role, he will oversee AmTrust Title’s operations providing title insurance for the commercial and residential real estate industries.
  • “I’m excited to continue working with James and seeing him shape the future of AmTrust Title,” said Jeffrey Fenster, Executive Vice President, Head of North American Specialty Risk at AmTrust.
  • Before AmTrust, he was Vice President and Senior Underwriting Counsel for First American Title Insurance Company’s New York Agency Division.

AmTrust Recognized for Diversity, Equity & Inclusion by Insurance Business America

Retrieved on: 
Monday, January 29, 2024
Finance, Banking, Professional Services, Insurance, DEI (Diversity, Equity and Inclusion), Senior, AmTrust Bank, Development, Research, Communications officer, Diversity, DEI, Workforce, EVP, Creative industries

AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced that it was awarded the 2024 5-Star Diversity, Equity, and Inclusion (DEI) Award from Insurance Business America magazine.

Key Points: 
  • AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced that it was awarded the 2024 5-Star Diversity, Equity, and Inclusion (DEI) Award from Insurance Business America magazine.
  • AmTrust was one of 15 companies in the insurance industry to earn the recognition.
  • The company’s global efforts include courses on diversity, equity, inclusion and belonging, along with learning events focused on building awareness of and appreciation for related topics.
  • Inclusion is one of our core values and we are pleased to see the commitment recognized by the industry and our own people.”

AmTrust Named Lead Title Insurer for SunZia Wind & Transmission

Retrieved on: 
Monday, January 22, 2024
Environment, Insurance, Finance, Other Energy, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, Senior, AmTrust Bank, Wind, History, Lead, Renewable energy

AmTrust Title, a subsidiary of AmTrust Financial Services, Inc., is proud to be the lead title insurance company for the SunZia Wind and Transmission project (“SunZia”).

Key Points: 
  • AmTrust Title, a subsidiary of AmTrust Financial Services, Inc., is proud to be the lead title insurance company for the SunZia Wind and Transmission project (“SunZia”).
  • SunZia is under construction in the Southwest United States by its owner Pattern Energy Group LP, a leader in renewable energy and transmission infrastructure.
  • Once completed, SunZia will include 900 wind turbines with the transmission line spanning 550 miles between central New Mexico and south-central Arizona.
  • Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History | Business Wire
    “We are proud to be the lead title company for SunZia.

Extended Warranty Market to Surpass US$193.7 Million by 2030 | Exclusive Report by Coherent Market Insights

Retrieved on: 
Monday, December 18, 2023
Online, Hyundai Motor India, American International Group, AmTrust Bank, Policy, ASSURANT INC, SquareTrade, Electronics, Asurion, Traction, Tablet, Longevity, Growth, Investment, AXA, Life, Marketing

Secondly, the rising disposable income and changing consumer preferences are contributing to the growth of the extended warranty market.

Key Points: 
  • Secondly, the rising disposable income and changing consumer preferences are contributing to the growth of the extended warranty market.
  • Request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/6019
    Two key trends can be observed in the Extended Warranty Market.
  • The extended warranty market is anticipated to witness a CAGR of 6.6% during the forecast period 2023-2030, owing to the increasing demand for extended warranty plans across various segments.
  • In conclusion, the extended warranty market is experiencing significant growth opportunities in the automobile sector and consumer electronics segment.

Extended Warranty Market to Surpass US$193.7 Million by 2030 | Exclusive Report by Coherent Market Insights

Retrieved on: 
Monday, December 18, 2023
Online, Hyundai Motor India, American International Group, AmTrust Bank, Policy, ASSURANT INC, SquareTrade, Electronics, Asurion, Traction, Tablet, Longevity, Growth, Investment, AXA, Life, Marketing

Secondly, the rising disposable income and changing consumer preferences are contributing to the growth of the extended warranty market.

Key Points: 
  • Secondly, the rising disposable income and changing consumer preferences are contributing to the growth of the extended warranty market.
  • Request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/6019
    Two key trends can be observed in the Extended Warranty Market.
  • The extended warranty market is anticipated to witness a CAGR of 6.6% during the forecast period 2023-2030, owing to the increasing demand for extended warranty plans across various segments.
  • In conclusion, the extended warranty market is experiencing significant growth opportunities in the automobile sector and consumer electronics segment.

AmTrust Releases 2023 Retail Risk Report

Retrieved on: 
Friday, November 17, 2023
Aftermarket, Automotive, Professional Services, Supermarket, Department Stores, Food, Beverage, Fashion, Convenience Store, Cosmetics, Retail, Insurance, AmTrust Bank, Injury, Clothing, Accident, SVP, Zender, Car rental

AmTrust Financial Services, Inc., a leading U.S. small business insurer, today released the 2023 AmTrust Retail Risk Report and found that more workers’ compensation claims in the retail sector occurred in January compared to the busy holiday months of November and December, when retailers typically see an influx of seasonal workers.

Key Points: 
  • AmTrust Financial Services, Inc., a leading U.S. small business insurer, today released the 2023 AmTrust Retail Risk Report and found that more workers’ compensation claims in the retail sector occurred in January compared to the busy holiday months of November and December, when retailers typically see an influx of seasonal workers.
  • Overall, January also had the highest annual number of retail claims, with claims related to strains and falls most likely to occur in that month.
  • “In the bustling holiday season of November and December, the paradox of lower retail injuries emerges,” explains Matt Zender, SVP, Workers’ Compensation Product Manager, AmTrust.
  • The report shows that strains account for 26% of claims reported and 29% of claims payouts among retail businesses.

Ex-Goldman Sachs Executives Partner with Insurance Veterans to Launch Global Transactional Risk Firm, Birch Risk Advisors

Retrieved on: 
Tuesday, November 7, 2023
Inflation Reduction Act of 2022, Insurance, IRS, Goldman, SVP, Willis Towers Watson, IRA, Judgement, Elefant, Growth, AmTrust Bank, Tax credit, Risk, Birch, Partnership, Wall Street, Coaction Specialty Insurance, Financial services, Cryptocurrency, Renewable energy, Danesh

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- As dealmakers across Wall Street and corporate America increasingly turn to transactional risk insurance, an accomplished team of former tax attorneys and investment bankers today announced the launch of New York-based Birch Risk Advisors. Backed by global insurer AmTrust Financial, the new insurance advisory firm will be led by Steve Bunson, Barry Sklar, Sheldon Elefant, and David Danesh.

Key Points: 
  • Elefant, previously the U.S. Head of Tax Insurance at Willis Towers Watson, and Danesh, previously SVP and Director in the Specialty Insurance practice at Alliant Insurance, are well-known tax attorneys with extensive transactional risk experience across the global M&A markets and tax-controversy landscape.
  • Birch Risk Advisors offers bespoke solutions, including:
    Tax Insurance—transferring uncertain tax exposure to top-rated insurance carriers, inside and outside of M&A transactions.
  • Notably, a significant tailwind powering the recent demand for transactional risk insurance is President Biden's landmark Inflation Reduction Act (IRA).
  • "With the evolution of the transactional risk insurance market, insurance capital is now a powerful solution for complex M&A transactions and uncertain balance sheet risks," said Steve Bunson, Advisory Director at Birch Risk.