AmeriTrust Group, Inc.
AmeriTrust Group, Inc. is a medium-sized commercial insurance underwriter and administration services company founded in 1955, headquartered in Southfield, MI. The company operates six licensed insurance companies across all 50 states, providing specialized insurance solutions for various industries and associations.
Company Overview
AmeriTrust Group, Inc. is a medium-sized business in the insurance industry, founded in 1955. The company operates from its headquarters in Southfield, MI, and employs a team of 319 individuals. It specializes in commercial insurance underwriting and insurance administration services, focusing on niche markets. AmeriTrust Group operates six insurance companies licensed in all 50 states, providing a range of insurance solutions to various sectors.
Insurance Products
AmeriTrust Group offers a diverse array of insurance products tailored to specific industries and needs. These include specialized Property & Casualty insurance for agribusiness, trucking, and transportation industries. The company provides comprehensive environmental casualty insurance for environmental contractors, as well as coverage for water well drillers, commercial auto insurance, and short haul trucking. Additionally, it addresses unique risks through excess & surplus lines coverage and offers various coverages such as workers' compensation and general liability.
Distribution Segments
The company is structured into four distinct distribution segments: admitted carrier operations, excess & surplus lines carrier operations, wholesale Managing General Underwriter/Managing General Agent (MGU/MGA) and third-party administration operations, and retail insurance agency operations. This segmentation allows AmeriTrust Group to effectively manage and deliver specialized insurance solutions across different markets and customer needs.
Partnerships and Services
AmeriTrust Group collaborates with associations and franchises to provide national and state association insurance programs. The company offers risk management and administrative services for various programs and groups nationwide. It also delivers claims, loss control, and other insurance-related services to municipalities and self-insured groups, ensuring comprehensive support for its clients.
History and Experience
With over 50 years of experience in developing and managing specialty property and casualty insurance programs, AmeriTrust Group has established itself as a reliable provider in the insurance sector. The company has a significant concentration in workers' compensation and commercial package business, demonstrating its expertise in addressing the insurance needs of various industries.