AmTrust Financial Services Acquires Contractor Managing General Insurance Agency (CMGIA)
November 4, 2022
AmTrust Financial Services has acquired Contractor Managing General Insurance Agency, Inc. (CMGIA), a California-based managing general agent that provides surety bonds to small- and mid-size contractors nationwide. The acquisition establishes an immediate presence for AmTrust in the contractor surety market and brings CMGIA's underwriting talent and agent network into AmTrust's surety business.
- Buyers
- AmTrust Financial Services, Inc.
- Targets
- Contractor Managing General Insurance Agency, Inc. (CMGIA)
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Buyout
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