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.
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.
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.
The Global Warranty and Service Contract Association (“GWSCA”) used the occasion of its Third Annual Conference on Warranty and Service Contracts to announce its 2016 industry award winners. A call for nominations was issued earlier this year and they were received in August. The nominations were reviewed by GWSCA Board.
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.
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.
New extended hardware service plan provides BlackBerry customers with up to two years of accidental damage protection and an extra year of mechanical and electrical breakdown coverage. The BlackBerry Care Protection Plan is provided and administered by Warrantech Corporation, an AmTrust Financial Company.