Tag Archives: AmTrust

AmTrust Specialty Risk Report: Consumers Still Most Likely to Purchase an Extended Warranty at the Point of Sale

Millennials and Gen Z Protect Electronics and Jewelry Purchases While Boomers and Gen X Buy Vehicle and Appliance Warranties

View Full Report: AmTrust Specialty Risk 2021 Warranty Survey Report

Enduring Changes in the Post-Pandemic Warranty Industry

Key observations from an AmTrust roundtable discussion with service contract industry leaders Aleem Lakhani, Michael Frosch, Kenneth Mac, and Sreevathsa Prabhakar.

Full Article: www.warrantyweek.com/archive/ww20210603.html

AmTrust Signs Agreement with PCMI to Automate and Enhance Reinsurance

New System Will Provide Additional Information and Analytics Driving Enhanced Risk Management and Increased Transparency.

NEW YORK, January 23, 2019 – AmTrust Financial Services, Inc.(“AmTrust” or the “Company”) today announced the Company has signed an agreement with PCMI Corporation (Policy Claim Management International), the leading provider of integrated software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. Through the agreement, AmTrust will implement PCMI’s Policy Claim and Reporting Solutions™ (PCRS) – Reinsurance Module, which will provide AmTrust clients with an easy to use, robust reporting solution for their reinsurance businesses.

Full Release: http://www.pcmicorp.com/2019/01/amtrust-signs-agreement-with-pcmi-to-automate-and-enhance-reinsurance/

Microsoft Renews Extended Protection Services Agreement with AmTrust

AmTrust Financial Services, Inc. announced today at the CES Show in Las Vegas that it has extended its partnership providing protection plans to Microsoft customers for an additional four years.  The parties have had a contractual relationship since 2009. 

Release: https://globenewswire.com/news-release/2019/01/07/1681256/0/en/Microsoft-Renews-Extended-Protection-Services-Agreement-with-AmTrust.html

A.M. Best Downgrades AmTrust As Insurer Prepares to Go Private

A.M. Best has downgraded its financial strength and credit ratings for insurer members of the AmTrust Group, not long after AmTrust Financial Services Inc. (AFSI) shareholders approved a $2.95 billion deal that will make it a private entity.

Full Article:  https://www.insurancejournal.com/news/national/2018/07/05/494220.htm

Heritage Indemnity Retains ‘A’ Rating, A.M. Best Reports

Heritage Indemnity Company has retained its financial strength rating and issuer credit rating of “A” (Excellent) following the recent announcement of its agreement with AmTrust Financial Services, according to A.M Best.

Full Article:  http://www.fi-magazine.com/news/story/2015/05/heritage-indemnity-retains-a-rating-a-m-best-reports.aspx

Hertz Equipment Rental Corporation Launches Equipment Assurance Warranty Program in the US

Hertz Equipment Rental Corporation, a subsidiary of The Hertz Corporation has launched an equipment extended service plan program, in the US. in partnership with Warrantech, a subsidiary of AmTrust Financial Services, Inc.

Full Release:  http://www.prnewswire.com/news-releases/hertz-equipment-rental-corporation-launches-equipment-assurance-warranty-program-in-the-us-300062733.html