A subsidiary of AmTrust Financial Services, AmTrust E&S Insurance Services, has announced the launch of its Excess Casualty underwriting unit, based in Los Angeles (LA).
The new division will expand the firm’s product offerings of E&S and will write excess liability, both supported and unsupported in all 50 states, with limits on offer of up to $25 million to small and medium-sized U.S. companies.
At the same time, the company has revealed that Jeff Lynn has joined from Everest Reinsurance, Los Angeles, to lead the new business unit. Most recently, he was Vice President, Excess Casualty Manager at Everest Reinsurance in Los Angeles.
Prior to Everest, Lynn worked with Ironshore Insurance Services, Los Angeles, and he has previously worked for The Hartford, Swiss Re, AIG, and insurance and reinsurance brokerage, Aon.
President of AmTrust E&S Insurance Services, David Lewis, said: “We are pleased to formally announce the launch of our Excess Casualty team, further expanding the company’s specialty focus and reflects our continued commitment to broadening the products and services that we are able to provide to our brokers.
“The timely launch of the new platform comes as the market continues to see disruption from redeployment of limits, reduction in capacity and price increases, presenting a strong growth opportunity for the company and our trading partners.”
Duffy Koller, Executive Vice President and Member of AmTrust E&S Board of Directors, added: “We are delighted to announce that an individual of Jeff’s quality, experience and reputation is joining our organization to lead the Excess team. We have absolute confidence in Jeff as we look to build out this division in terms of both headcount and gross premiums written.”
