DGAP-News: AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc. Announces Leadership Change in Europe

AmTrust Financial Services, Inc. 

13.09.2010 21:08 
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NEW YORK, Sept. 13, 2010 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc.
('AmTrust') (Nasdaq:AFSI) announced today that, effective immediately, Max
Caviet, EVP and head of AmTrust's European operations, has been named CEO of
AmTrust Europe, Ltd. (formerly known as IGI Insurance Company, Ltd.) The role
was previously held by Keith Wardell, who has resigned to pursue other
interests. 

'Since joining AmTrust in 2003, Max has been instrumental in building out our
very successful European platform and his 35 years of industry experience gives
us great confidence in his ability to continue to move this business forward,'
said Barry Zyskind, AmTrust CEO and President. 'This step reflects our
continued commitment to seamlessly providing the highest quality products and
services to our clients while also maintaining strong efficiency. We appreciate
Keith's contributions to the Company and wish him all the best in his new
endeavors.' 

Caviet also serves as President of both AmTrust International Insurance, Ltd.
and AmTrust International Underwriters, Ltd. 

About AmTrust Financial Services, Inc. 

AmTrust Financial Services, Inc., headquartered in New York City, is a
multinational insurance holding company, which, through its insurance carriers,
offers specialty property and casualty insurance products, including workers'
compensation, commercial automobile and general liability, and extended service
and warranty coverage. For more information about AmTrust, visit
www.amtrustgroup.com, or call AmTrust toll-free at 866.203.3037. 

The AmTrust Financial Services, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3280 

Forward Looking Statements

This news release contains 'forward-looking statements' that are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. The forward-looking statements are based on the Company's current
expectations and beliefs concerning future developments and their potential
effects on the Company. There can be no assurance that actual developments will
be those anticipated by the Company. Actual results may differ materially from
those projected as a result of significant risks and uncertainties, including,
but not limited to, non-receipt of the expected payments, changes in interest
rates, effect of the performance of financial markets on investment income and
fair values of investments, development of claims and the effect on loss
reserves, accuracy in projecting loss reserves, the impact of competition and
pricing environments, changes in the demand for the Company's products, the
effect of general economic conditions, adverse state and federal legislation,
regulations and regulatory investigations into industry practices, developments
relating to existing agreements, heightened competition, changes in pricing
environments, and changes in asset valuations. The forward-looking statements
contained in this new release are made only as of the date of this release. The
Company undertakes no obligation to publicly update any forward-looking
statements except as may be required by law. Additional information about these
risks and uncertainties, as well as others that may cause actual results to
differ materially from those projected, is contained in the Company's filings
with the Securities and Exchange Commission, including its annual report on
Form 10-K and its quarterly reports on Form 10-Q. 

AFSI-G

CONTACT:  AmTrust Financial Services, Inc.
          Investor Relations
          Ellen Taylor
          212.220.7120
          IR@amtrustgroup.com

News Source: NASDAQ OMX


13.09.2010 21:08 Dissemination of a Corporate News, transmitted by DGAP - 
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Language:     English
Company:      AmTrust Financial Services, Inc.
              
               
              US
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         US0323593097
WKN:          
 
End of Announcement                             DGAP News-Service
 
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