Consistent, Differentiated, Sustainable Since establishing our first underwriting platforms in Dublin in 2003, AmTrust International has grown to over 2000 employees in 38 offices and 25 countries, providing consistent, quality products and services in markets globally.
Through strategic acquisition and a keen focus on organic growth, AmTrust International’s gross written premiums have grown almost 250 percent in five years, with our annual GWP now standing at over $2.5 billion.
By expanding our geographic range and increasing our presence in growth markets, we continue to increase AmTrust International’s offerings, providing entrepreneurial and creative underwriting, distribution, and service capability and technology services to underserved markets globally.
Our first priority is always our clients and their policyholders. In every situation, we aim to provide a wide range of niche products, excellence in client servicing, and an entrepreneurial and innovative approach to providing risk solutions. We have also created a strong, globally diversified risk portfolio with an attractive business and exposure mix, built to deliver stable investment and sustainable returns.
Our Origins in Europe The story of AmTrust’s expansion beyond the United States began in 2003, with underwriting offices in Dublin and London. Two years later, in 2005, we expanded further into Europe with AmTrust Nordic.
Strong European Presence After 2005, AmTrust International grew rapidly with a series of major acquisitions. One of the most important was our acquisition of IGI (now AmTrust Europe), which allowed us to increase our footprint in the UK while also giving us access to a UK-regulated company. In 2011, we established AmTrust Italia to house our Italian claims management as well as our medical malpractice underwriting operations. In the years that followed, we entered the under-served Spanish surety market with AmTrust Insurance Spain.
Entering the Lloyd’s Market In 2013 we acquired Sagicor’s Lloyd’s operation, which would later become AmTrust at Lloyd's, giving us a powerful underwriting platform backed by the internationally recognised name Lloyd's of London. That was followed in late 2016 with the acquisition of the ANV Group, which promoted AmTrust to the 13th largest business in the Lloyd’s market.
New Markets Also in 2013, we acquired Car Care Plan, making AmTrust the number one leader in the UK's motor warranty market. Since then, we have continued to strengthen our presence in the UK and across Europe while also growing the AmTrust brand in new markets worldwide. Our development of AmTrust Mobile Solutions allowed us to gain a foothold in the emerging mobile-devices insurance market while also increasing our presence in Asia.
In the UK, our acquisition of Genworth’s mortgage division, now AMT Mortgage Insurance, increased our presence in the mortgage insurance market. More recently, with AmTrust France, we substantially increased our presence in France, the Netherlands and Belgium.
Local Experience, Global Expertise Our acquisitions in recent years have allowed us to become a truly global company, with offices in dozens of major financial centres spread across three continents. Our rapid expansion has enabled us to focus on developing new product lines, improving our service to customers and expanding our existing portfolios (such as legal expenses).
In all, our steadfast commitment to innovation, quality and service has quickly made AmTrust one of the world's most pioneering and respected underwriters operating today.
Timeline 2003 – AmTrust International operations launched through AIU in Dublin and London
2005 – AmTrust Nordic established
2007 – AmTrust acquires IGI which becomes AmTrust Europe
2011 – AmTrust Insurance Spain established
2011 – AmTrust Italia established
2013 – Car Care Plan, the UK motor warranty and asset protection company, acquired
2013 – AmTrust at Lloyd’s established following the acquisition of Sagicor
2015 – AmTrust acquires AGRM which becomes AmTrust France
2015 – Composite Legal Expenses acquired
2016 – AmTrust acquires Genworth which becomes AMT Mortgage Insurance
2016 – ANV acquisition promotes ATL to the 13th largest player in Lloyd’s