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AmTrust Financial to Acquire CyberComp From Swiss Re
Wednesday, August 26, 2009 3:57 AM


(Source: Datamonitor)trackingAmTrust Financial Services has entered into an agreement to acquire CyberComp, the workers' compensation business unit of Swiss Re, in a renewal rights transaction.

Serving the workers' compensation needs of small to medium-sized employers in 26 states of the US, CyberComp distributes through a network of 13 regional wholesale agencies and over 600 retail agents.

Barry Zyskind, president and CEO of AmTrust, said: "CyberComp has long set a standard of excellence and innovation in the small workers' compensation market. This renewal rights acquisition offers us an opportunity to obtain and develop a book of business that is an appropriate and complementary fit to our business.

"We look forward to working closely with our new colleagues, employees and producers at CyberComp in the months ahead as we continue together to expand our workers' compensation business."

A service of YellowBrix, Inc.



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