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AmTrust Financial Services provides a diverse portfolio of specialty property and casualty insurance products, primarily targeting small commercial businesses and underserved niche markets. The company offers essential coverages including workers' compensation, businessowners policies, general liability, and cyber insurance. Its strategic approach focuses on specialized underwriting and tailored risk management solutions for various industries.
Founded in 1998 by brothers George and Michael Karfunkel, AmTrust emerged from the recognition that smaller commercial clients were often overlooked by larger insurers. Their initial focus was to address these segments with specialized offerings, particularly in workers' compensation and specialty program underwriting. Barry Zyskind was instrumental in early executive leadership.
AmTrust serves small business owners and commercial enterprises across numerous sectors, like healthcare and construction, via an extensive agent network. The company’s vision is to deliver outstanding insurance and risk solutions globally, accomplished through consistent innovation, deep niche expertise, and a steadfast commitment to unparalleled service.
Key people at AmTrust.
AmTrust was founded in 1998 by Michael Karfunkel (Founder) and George Karfunkel (Founder).
Key people at AmTrust.
AmTrust has 2 tracked investments across 2 companies. The latest tracked deal is $125.0M Series E in VTS in September 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 6, 2022 | VTS | $125.0M Series E | BOB Sulentic | Sonny Kalsi, Brookfield Technology Partners, Insight Partners |
| Jun 1, 2017 | Sure Ventures | $8.0M Series A | Alex Maffeo | 8VC, 9Yards Capital, Menlo Ventures, S3 Ventures, Tiger Global Management, Vista Venture Partners, JIM Pallotta, Sundeep Madra, Assurant Ventures, FF Venture Capital, Anthology Fund, Nationwide Ventures |
AmTrust was founded in 1998 by Michael Karfunkel (Founder) and George Karfunkel (Founder).