Type
|
Public |
---|---|
Traded as | NASDAQ: AFSI Russell 2000 Component |
Industry | Insurance, Extended Warranties, Specialty Risk |
Founder | George Karfunkel, Michael Karfunkel |
Headquarters | Home Insurance Plaza New York City, USA |
Key people
|
Barry Zyskind (CEO) |
Website | amtrustfinancial |
AmTrust Financial Services, Inc., is a New York City-based multinational property and casualty insurance company. Operating through its subsidiaries, its operations are divided into three segments: Small Commercial Business insurance, Specialty Risk and Extended Warranty insurance, and Specialty Middle-Market Property and Casualty insurance. The company’s main regions of operations are North America, United Kingdom, and mainland Europe. AmTrust is listed on the NASDAQ Global Market under the ticker symbol AFSI and is rated “A” (Excellent) by AM Best Company. Barry Zyskind is the Chief Executive Officer.
AmTrust Financial Services was founded by brothers George Karfunkel and Michael Karfunkel in 1998.
AmTrust began trading on the NASDAQ Global Select Market on November 13, 2006.
In 2016 Barry Zyskind was appointed as Chairman in addition to existing roles as Chief Executive Officer, President and Chairman of Executive Committee.
In December 2014, he was listed by Forbes as the best performing CEO in the Insurance industry.
In 2005 Ronald (Ron) Pipoly was appointed as Chief Financial Officer.
In 2017 Adam Karkowsky was appointed as Chief Financial Officer.
Most of the company’s business is contracted through more than 20 insurance companies and subsidiaries throughout the world. The following are some of their US subsidiaries:
The company's foreign insurance subsidiaries include:
The Small Commercial Business segment of AmTrust provides worker’s compensation to small businesses which operate in low and medium hazard classes. Included in this class are restaurants, retail stores, physicians and other professional offices. They also offer commercial package and other property and casualty insurance products to small businesses.
This segment provides workers’ compensation, general liability, commercial auto liability, excess surplus lines insurance programs and other specialty commercial property and casualty insurance through managing general agents.
This segment is engaged in providing custom designed coverages. Included are accidental damage plans and payment protection plans sold in connection with the sale of consumer and commercial goods in the United States and Europe.
AmTrust Financial Services was ranked number 1,495 on the Forbes list of the 2000 World’s Biggest Public Companies in 2016 with a market capitalization of $4.6 billion.
2016-06-29 | Reiterated Rating | FBR & Co. | Buy | |
2016-06-29 | Reiterated Rating | FBR & Co | Buy | |
2016-05-04 | Reiterated Rating | FBR & Co. | Buy | |
2016-04-05 | Reiterated Rating | SunTrust | Buy | |
2016-04-05 | Reiterated Rating | SunTrust Banks Inc. | Buy | |
2016-02-14 | Reiterated Rating | FBR & Co. | Outperform | |
2016-02-11 | Lower Price Target | Citigroup Inc. | Buy | $37.00 to $30.00 |
2016-02-11 | Reiterated Rating | Compass Point | Buy | $35.00 to $33.00 |
2016-02-05 | Reiterated Rating | Compass Point | Buy | $35.00 |
2016-02-04 | Lower Price Target | Keefe, Bruyette & Woods | Outperform | $78.00 to $39.00 |
2016-01-14 | Initiated Coverage | Citigroup Inc. | Buy | $37.00 |
2015-11-13 | Upgrade | Compass Point | Neutral to Buy | $35.00 |
2015-11-11 | Reiterated Rating | FBR & Co. | Buy | $38.00 |
2015-09-29 | Reiterated Rating | William Blair | Outperform | |
2015-09-03 | Reiterated Rating | William Blair | Outperform | |
2015-08-06 | Boost Price Target | Keefe, Bruyette & Woods | Outperform | $35.50 to $39.00 |
2015-08-05 | Boost Price Target | JMP Securities | Market Outperform | $36.00 to $37.50 |
2015-08-04 | Downgrade | Compass Point | Buy to Neutral | $35.00 |
2015-07-11 | Reiterated Rating | JMP Securities | Buy | |
2015-07-10 | Boost Price Target | JMP Securities | Market Outperform | $32.50 to $36.00 |
2015-05-05 | Boost Price Target | Compass Point | Buy | $32.50 to $35.00 |
2015-04-20 | Set Price Target | FBR & Co. | Buy | $30.00 to $32.50 |
2015-03-17 | Set Price Target | Keefe, Bruyette & Woods | Buy | $32.00 to $34.00 |
2015-02-13 | Boost Price Target | Compass Point | Buy | $28.50 to $32.50 |
2015-02-12 | Set Price Target | JMP Securities | Buy | $30.00 to $31.00 |
2015-02-10 | Initiated Coverage | SunTrust | Buy | |
2014-12-12 | Boost Price Target | Keefe, Bruyette & Woods | Outperform | $31.00 to $32.00 |
2014-11-17 | Boost Price Target | JMP Securities | Market Outperform | $27.50 to $30.00 |
2014-11-05 | Upgrade | Compass Point | Neutral to Buy | $26.00 to $28.50 |
2014-11-05 | Reiterated Rating | Keefe, Bruyette & Woods | Outperform | $30.00 to $31.00 |
2014-11-04 | Reiterated Rating | JMP Securities | Market Outperform | $25.00 to $27.50 |
2014-10-29 | Downgrade | Compass Point | Buy to Neutral | $26.00 |
2014-10-16 | Upgrade | Keefe, Bruyette & Woods | Market Perform to Outperform | $24.00 to $30.00 |
2014-08-11 | Reiterated | FBR Capital | Outperform | $50 to $56 |
2014-08-11 | Boost Price Target | FBR & Co. | Outperform | $25.00 to $28.00 |
2014-08-08 | Boost Price Target | Compass Point | Buy | $24.50 to $26.00 |
2014-08-08 | Boost Price Target | JMP Securities | $25.00 | |
2014-08-08 | Boost Price Target | Keefe, Bruyette & Woods | Market Perform | $22.00 to $24.00 |
2014-05-02 | Upgrade | Compass Point | Neutral to Buy | $18.50 to $24.50 |
2014-05-02 | Boost Price Target | Guggenheim | $33.50 | |
2013-12-16 | Lower Price Target | Compass Point | Neutral | $41.00 to $36.00 |
2013-11-06 | Boost Price Target | Keefe, Bruyette & Woods | Market Perform | $38.00 to $43.00 |
2013-09-18 | Initiated Coverage | Guggenheim | Buy | |
2013-09-18 | Lower Price Target | Compass Point | Neutral | $45.00 to $41.00 |
2013-07-23 | Downgrade | Compass Point | Buy to Neutral | $38 to $43 |
2013-06-28 | Reiterated | FBR Capital | Outperform | $39 to $46 |
2013-05-02 | Upgrade | Compass Point | Neutral to Buy | |
2013-03-15 | Initiated | Compass Point | Neutral | $36 |
2013-02-04 | Reiterated | FBR Capital | Outperform | $32 to $39 |
2012-08-30 | Reiterated | FBR Capital | Outperform | $35 to $32 |
2012-05-14 | Reiterated | FBR Capital | Outperform | $32 to $35 |
2011-11-02 | Reiterated | JMP Securities | Mkt Outperform | $26 to $28 |
2011-10-24 | Resumed | FBR Capital | Outperform | $26 to $32 |
2011-07-11 | Reiterated | Wunderlich | Buy | $23 to $27 |
2011-02-16 | Reiterated | Wunderlich | Buy | $20 to $23 |
2010-11-04 | Reiterated | Wunderlich | Buy | $18 to $20 |
2010-04-16 | Initiated | Wunderlich | Buy | $18 |
2009-11-04 | Reiterated | FBR Capital | Outperform | $22 to $21 |
2009-05-06 | Reiterated | FBR Capital Markets | Outperform | $24 to $22 |
2009-02-19 | Reiterated | Friedman Billings | Outperform | $26 to $24 |
2008-03-25 | Downgrade | Keefe Bruyette | Outperform to Mkt Perform | $17 |
2016-06-29 | Reiterated Rating | FBR & Co. | Buy | |
2016-06-29 | Reiterated Rating | FBR & Co | Buy | |
2016-05-04 | Reiterated Rating | FBR & Co. | Buy | |
2016-04-05 | Reiterated Rating | SunTrust | Buy | |
2016-04-05 | Reiterated Rating | SunTrust Banks Inc. | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In AFSI 19 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Alistair Capital Management, L.L.C. | 6.95M |
EDGE ASSET MANAGEMENT, INC | 5.08M |
BlackRock Institutional Trust Company, N.A. | 2.72M |
BlackRock Fund Advisors | 0.98M |
RS INVESTMENT MANAGEMENT CO LLC | 0.97M |
Apex Capital Management | 0.26M |
RUSSELL FRANK CO/ | 0.15M |
BlackRock Group LTD | 0.11M |
MANAGED ACCOUNT ADVISORS LLC | 0.10M |
BLACKROCK ADVISORS LLC | 57232 |
BlackRock Investment Management, LLC | 50089 |
Placemark Investments, Inc. | 22520 |
ADVANCE CAPITAL I INC | 7800 |
WFG Advisors, LP | 1110 |
MetLife Securities, Inc | 593 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
KARFUNKEL GEORGE | 12.79% (9671286) | AFSI / KODK / |
Zyskind Barry D President and CEO | 3.89% (2945113) | AFSI / MHLD / NGHC / |
LONGO CHRISTOPHER EVP, Chief Information Officer | 0.87% (655526) | AFSI / |
Saxon Michael J EVP, Chief Operating Officer | 0.72% (545118) | AFSI / |
Caviet Max G President of Subsidiary | 0.56% (420770) | AFSI / |
Pipoly Ronald E Jr EVP, Chief Financial Officer | 0.44% (332358) | AFSI / |
Ungar Stephen SVP, GC and Secretary | 0.23% (174604) | AFSI / |
SAKS DAVID EVP, Chief Legal Officer | 0.18% (135368) | AFSI / |
DeCarlo Donald T | 0.15% (114010) | AFSI / NGHC / |
Karkowsky Adam Senior Vice President | 0.08% (63728) | AFSI / |
Gulkowitz Abraham | 0.07% (56216) | AFSI / |
MILLER JAY J | 0.07% (49224) | AFSI / |
SCHLACHTER HARRY SVP, Treasurer | 0.05% (37188) | AFSI / |
Fisch Susan | 0.04% (31140) | AFSI / |
Gorelik Ariel SVP, Chief Information Officer | 0.01% (5977) | AFSI / |