A.M. Best Affirms A- (Excellent) Rating of AmTrust Group.BEACHWOOD, Ohio Beachwood is a city in Cuyahoga County, Ohio, United States. It is a suburb of Cleveland. The population was 12,186 at the 2000 census. Geography Beachwood is located at (41.482226, -81.504001)GR1. -- A.M. Best Co. has affirmed its A- (Excellent) financial strength rating of AmTrust Group (AmTrust). This rating applies to three insurance companies, AmTrust International Insurance Ltd., Technology Insurance Co. and Rochdale Insurance Co. The firms specialize in small business workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. insurance and special risk for consumer and manufacturing products. A.M. Best's rating Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. reflects the AmTrust's sound balance sheet strength, strong operating performance and commitment to maintain sufficient capital. The insurance rating organization also assigned AmTrust a stable rating outlook. "It's an honor to receive this rating," said Michael Saxon, president of AmTrust North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "It demonstrates the hard work our employees put forth every day to make us the premier workers' compensation carrier for small business and the primary insurer large companies turn to for extended service protection." AmTrust has been on the leading edge of a number of innovations, including technology and improving underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. guidelines for new venture accounts to help agents deal with demanding workloads. AmTrust has developed a highly interactive, user-friendly technological approach to reduce the time it takes to submit an application for coverage and greatly enhance its underwriters' ability to review submissions quickly. In addition, AmTrust has alleviated bottlenecks caused by time-consuming tasks such as collecting information for potential clients by streamlining requirements for submission. More information about AmTrust, including information about underwriting, claims, agency appointment and extended service protection can be found at the AmTrust Web site, www.amtrustgroup.com. AmTrust's toll-free number is (877) 528-7878. AmTrust is headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and its operations center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. is in Beachwood. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For the latest rating, access www.ambest.com. |
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