Amynta Group Completes the Acquisition of Ambridge Group from Brit, a subsidiary of Fairfax

Amynta Group, Brit Ltd (“Brit”), a subsidiary of Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), and Fairfax   announce the successful completion of the previously announced acquisition of Ambridge Group from Brit for a purchase price of $400 million.  About Amynta Amynta Group is a premier insurance services company with more than $3.5 billion in…

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Amynta Group Acquires Ambridge Group from Brit, a subsidiary of Fairfax

NEW YORK, TORONTO and LONDON, January 9, 2023 – Amynta Group, Brit Ltd (“Brit”), a subsidiary of Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), and Fairfax today announced a strategic partnership in which Amynta will acquire Ambridge Group, the MGU operations of Brit, for $400 million and enter into a multi-year agreement for…

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Sym-Tech Dealer Services Completes Acquisition of SSQ Dealer Services’ Distribution Business from Beneva

QUEBEC CITY and TORONTO, January 6, 2023 – Sym-Tech Dealer Services (Sym-Tech), a subsidiary of Amynta Group, has completed the previously announced acquisition of SSQ Dealer Services from Beneva Group (Beneva). “We are excited to close the acquisition of SSQ Dealer Services, which expands Sym-Tech in the Quebec market and presents attractive growth opportunities. SSQ…

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Amynta Appoints Brett Davis Chairman of Specialty Equipment Insurance Services

NEW YORK, Dec. 15, 2022 — Amynta Group, a leading insurance services provider of property & casualty and warranty protection products and services, announced the appointment of Brett Davis as Non-Executive Chairman of Specialty Equipment Insurance Services (SEIS), Amynta’s heavy equipment protection and insurance services business. Davis will work with SEIS to expand its position…

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Sym-Tech Dealer Services Agrees to Buy SSQ Dealer Services’ Distribution Business from Beneva

QUEBEC CITY and TORONTO, Nov. 2, 2022 — SSQ Distribution Inc., a subsidiary of Beneva Group (Beneva), has entered into an agreement to sell SSQ Dealer Services’ distribution business (“SSQ Dealer Services”) to Sym-Tech Dealer Services (“Sym-Tech”), a subsidiary of Amynta Group. SSQ Dealer Services provides automotive protection products and services to an extensive network of…

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Amynta Group Acquires iFIT Health & Fitness Extended Warranty Operations

NEW YORK and LOGAN, Utah, Sept. 13, 2022 — Amynta Group, a leading insurance services provider, has acquired the extended warranty operations of iFIT Health & Fitness Inc., operated through its wholly owned subsidiary, Universal Technical Services (UTS). iFIT is the industry’s largest at-home fitness equipment company, whose equipment brands include NordicTrack, ProForm, Weider and…

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Amynta Announces U.S. Partnership with SCOR with the Launch of Trade Credit MGA

NEW YORK, May 16, 2022 — Amynta Group, a leading insurance services company, announced a strategic partnership with SCOR, a global reinsurance company providing property & casualty and life reinsurance, with the launch of Amynta Trade Credit Solutions. Under the strategic partnership, SCOR will support the Amynta Trade Credit platform to provide a responsive and…

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Madison Dearborn Partners Increases Equity Investment in Insurance Services Company Amynta Group

NEW YORK and CHICAGO, March 10, 2022 — Amynta Group (“Amynta” or “the Company”), a leading insurance services company, announced today that funds affiliated with Madison Dearborn Partners, LLC (MDP), a leading Chicago-based private equity investment firm, have acquired all of the equity interests in Amynta held by AmTrust Financial Services, Inc. (“AmTrust”). Through this…

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Amynta Announces Leadership Appointments

NEW YORK, Dec. 21, 2021 — Amynta Group, a leading insurance services provider of property & casualty and warranty protection products and services, announced that Scott Brock has been appointed President of ClearView Risk, Amynta’s wholesale brokerage platform and property program. Brock will be responsible for leading ClearView’s operations across its Southwest Risk wholesale brokerage…

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Amynta Names Edward McNally President of Amynta Dealer Solutions

NEW YORK, Oct. 5, 2021 — Amynta Group, a leading insurance services provider of property & casualty and warranty protection products and services, announced that Edward McNally has joined the company as President of Amynta Dealer Solutions, Amynta’s dealer program offering a full suite of property and casualty coverages for franchised auto dealers and independent…

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