AmTrust Financial Services, Inc. Earns Distinction as Fortune 500 Company Following Record Year of Revenue
June 07 2017 - 8:40AM
AmTrust Financial Services, Inc. (NASDAQ:AFSI) (the “Company” or
“AmTrust”) today announced that the Company has been named to the
prestigious Fortune 500 list for the first time. The list
celebrates the largest companies in the U.S. by total revenue.
This achievement is a recognition of AmTrust’s financial
strength and stability and follows a year of record revenue for the
company. AmTrust’s total revenue in 2016 was $5.45 billion, an
increase of 18% over the prior year.
Since its founding in 1998, AmTrust has grown into a
multinational property and casualty insurer with nearly 8,000
employees in more than 125 offices serving 70 countries around the
globe. In the U.S., AmTrust is one of the top three providers of
workers’ compensation insurance and one of the top three warranty
writers. AmTrust is also a top 13 Lloyd’s manager by capacity. As
an innovative, technology-driven provider of insurance products,
AmTrust has earned a prestigious "A" (excellent) rating from A.M.
Best.
“AmTrust is honored to join the Fortune 500 alongside an elite
group of successful companies, and we’re very grateful to our
partners, brokers and agents for their trust in us as we reach this
milestone,” said Barry Zyskind, Chairman and Chief Executive
Officer of AmTrust. “AmTrust’s inclusion in the Fortune 500 is
possible thanks to the hard work and dedication of our people, who
live our core values of integrity, diversity, accountability,
teamwork, community engagement, and a spirit of entrepreneurship.
We adhere to these values every day allowing us to continue to
successfully build a best-in-class property and casualty insurer
for our valued partners and customers.”
AmTrust was ranked 475 on the 63rd annual Fortune 500 list.
About AmTrust Financial Services, Inc.AmTrust
Financial Services, Inc., a multinational insurance holding company
headquartered in New York City, offers specialty property and
casualty insurance products, including workers' compensation,
commercial automobile, general liability and extended service and
warranty coverage through its primary insurance subsidiaries rated
“A” (Excellent) by A.M. Best. For more information about AmTrust,
visit https://amtrustfinancial.com/ or call AmTrust toll-free at
(855) 327-2223.
For more information, please contact:
AmTrust Financial Services, Inc.
Chaya Cooperberg
Chief Communications Officer & SVP Corporate Affairs
chaya.cooperberg@amtrustgroup.com
646.458.3332
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