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AmTrust Financial Services has completed the acquisition of AmeriHealth Casualty Insurance Company from Independence Health Group for approximately $92.8 million in cash.
In 2015, AmeriHealth Casualty generated gross written premium of approximately $116 million.
“We are very pleased to welcome AmeriHealth Casualty to the AmTrust group of commercial property and casualty companies,” said Barry Zyskind, Chairman, President and CEO AmTrust Financial Services.
“With the addition of AmeriHealth Casualty’s operations serving small-to-medium-sized businesses and municipalities, we have expanded our presence as one of the largest workers’ compensation carriers in Pennsylvania and New Jersey.”
AmTrust Financial Services, M&A, AmeriHealth Casualty Insurance, US
