Insurance service provider Amynta Group has completed the acquisition of Global Surety, LLC, International Sureties Limited and International Sureties SARL, collectively known as International Sureties.
Founded in 1972, International Sureties is a specialty surety broker, providing a range of commercial surety products, including admiralty, court, bankruptcy, logistics and license & permit bonds.
The company provides innovative surety bond services for a variety of industries operating from offices in New Orleans, the UK and Belgium.
According to the initial announcement, Clark Fitz-Hugh, President and Chief Executive Officer (CEO) of International Sureties, will continue leading the business after the closing of the transaction.
Robert Giammarco, Chairman and CEO, Amynta Group, had commented: “International Sureties has a long and successful history in the surety market with an outstanding reputation. We have long admired their specialist focus and client-centric approach to the market.
“The Company further expands our specialty insurance offerings, and we look forward to partnering with Clark and his associates to support the continued growth of the business.”
