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Amynta Group

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Company Research Report: Amynta Group



Company Overview



  • Name: Amynta Group

  • Mission of the company: Amynta is a premier insurance services company that focuses on delivering innovative insurance and warranty protection solutions. The company is committed to addressing the unique needs of both businesses and consumers by managing risk and enabling growth through a network of specialty property and casualty products, captive insurance, and risk retention services.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People:

  • Rob Giammarco — Chairman and Chief Executive Officer

  • Chris Ezbiansky — Head of Mergers and Acquisitions

  • Bruce Fell — Executive Vice President and Chief Analytics Officer

  • Lisa Genova — Executive Vice President, Chief Administrative Officer & Chief Human Resources Officer

  • Kav Khurana — Chief Information Officer

  • Erin Mulloy — Executive Vice President and Chief Financial Officer

  • Bob Schultz — Head of Insurance Programs

  • Erika Shalette — General Counsel

  • Anthony R. Slimowicz — Executive Vice President and Chief Operating Officer of MGA and Specialty Risk

  • Headquarters: New York City, New York, USA

  • Number of Employees: Approximately 2,000 associates

  • Revenue: Manages over $3.5 billion in total managed premium

  • Known For: The company specializes in Property, Casualty & Specialty insurance, Warranty & Protection services, and operates as a managing general agency. It supports leading insurance companies, automotive dealers, OEMs, consumer retailers and maintains a large presence in North America, Europe, and Australia.


Products



Specialty Property & Casualty Programs


  • Captive Insurance Programs: Allows businesses to form Captive Insurance Programs as an alternative to traditional insurance to protect from loss.

  • Dealer Insurance: Provides coverage and training support for auto, construction, agricultural, and specialty equipment dealerships.

  • Business Owner Policy (BOP): Customized policies for small businesses, including Cannabis Business Package programs.

  • Builders Risk: Coverage for construction projects, including Cannabis Builder's Risk insurance.

  • Commercial Auto: Insurance for light to medium-duty business vehicles, with tailored solutions for various markets including the cannabis industry.

  • Commercial Property: Custom solutions across a variety of commercial properties with specialty programs for the cannabis industry.

  • General & Excess Liability: Coverage for unforeseen events with specialized programs in various industries, including cannabis.

  • Inland Marine: Coverage for equipment in transit, with cannabis-inclusive programs.

  • Professional Liability: Offers E&O and D&O coverages, with extensions for the cannabis market.

  • Surety Bonds: Provides contractor bonds and specialized cannabis surety bond solutions.

  • Workers' Compensation: Comprehensive solutions tailored for diverse industries, including specialized cannabis coverage.


Warranty and Protection Products


  • Auto Warranties: Finance & Insurance products with comprehensive dealership support.

  • Consumer Product Purchases: Warranty and protection plans for consumer goods like furniture and electronics.

  • Specialty Equipment: Warranty options for agricultural, construction, and material handling equipment.


Recent Developments



  • Acquisitions:

  • Acquired the Medical Stop Loss Operations from Unum Group (July 2024).

  • Successfully completed acquisition of Sutton Special Risk Inc. (March 2024).

  • Entered an agreement to acquire the renewal rights to the IRWC business from James River (September 2023).


  • Leadership Appointments:

  • John Mattioli appointed to lead Canadian Surety Operations (August 2023).

  • Brett Davis appointed Non-Executive Chairman of Specialty Equipment Insurance Services (December 2022).


  • Strategic Movements and New Ventures:

  • Development of insurance solutions in Canada through acquisition and leadership appointments.

  • Emphasis on expanding presence in the Canadian and North American insurance markets.


  • Partnerships:

  • Acquired Ambridge Group from Brit, a subsidiary of Fairfax, integrating MGU operations (January 2023).


This report consolidates existing data about Amynta Group, presenting a structured and detailed analysis featuring company overview, products, and recent developments, tailored for insightful market research.