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…
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…
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…
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…
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…
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…
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…
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…
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…
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…