Reinsurance News

SCOR backs Amynta Trade Credit Solutions

17th May 2022 - Author: Luke Gallin

Insurance services company, Amynta Group, has partnered with French reinsurer SCOR on the launch of Amynta Trade Credit Solutions, a new platform designed to provide a responsive and focused approach to trade credit insurance in the U.S.

handshake-bwThe new MGA will be led by Harpreet Mann as President of Amynta Trade Credit. She brings more than 15 years of experience to the role, most recently serving as Head of Credit and Surety, North America at QBE Insurance.

Mann will be joined by Matthew Herzog, Executive Vice President, who most recently served as Vice President and Underwriting Manager for QBE Trade Credit in North America. Donna Messick also joins the team as Senior Vice President from her most recent role leading QBE’s Trade Credit North America Claims team.

Mann commented: “There is an important market opportunity to bring innovative client focused solutions to the trade credit market with high quality capacity. Amynta Trade Credit is being formed to bring a singular focus in providing a strong trade credit solution with unsurpassed service to the market. We are excited to partner with SCOR to provide excellent security to meet the needs of customers.”

Anthony Slimowicz, Chief Operating Officer Amynta MGA, added: “This is an ideal time to launch a trade credit business, with significant opportunities for profitable growth. Amynta Trade Credit brings together industry recognized talent and high quality capacity to provide trade credit solutions tailored to the needs of the customer.

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“Harpreet brings exceptional leadership to the trade credit market, with a strong underwriting track record. SCOR is a great partner that provides highly rated capacity with deep expertise in trade credit.”

Benjamin Auray, Chief Underwriting Officer, Global Head of MGA, said: “SCOR is a top tier global reinsurer in the trade credit insurance space. We continue to look for ways to diversify our portfolio while helping our clients manage risk. Our strategic partnership with Amynta demonstrates our continued commitment to trade credit insurance and to supporting best-in-class business partners. It also contributes to SCOR’s long term ambition to grow a diversified and profitable portfolio.”

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