AmTrust Financial Services Inc. acquired Contractor Managing General Insurance Agency Inc. in California.
CMGIA will offer surety bonds to small to mid-size contractors across 50 states. The company is led by Stephanie Shear, a surety underwriter with more 40 years of experience. Shear will join AmTrust’s surety business along with several underwriters and support staff from CMGIA.
AmTrust Financial Services is a multinational insurance holding company headquartered in New York.
Topics Mergers & Acquisitions California Insurance Wholesale
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