AmTrust acquires Legal Insurance Management Group in the UK & Ireland
AmTrust Financial Services, through its subsidiary AmTrust International, has acquired Legal Insurance Management Group (LIM), a specialist in the legal expenses, professional fees, home emergency and vehicle breakdown insurance markets in the UK and Ireland.
AmTrust envisions to be a "leading specialty commercial property and casualty insurer by focusing on local markets and niche products where they can add significant value".
Frank O’Malley, chief executive of Arc Legal, which is a subsidiary of AmTrust International, said: “LIM brings unique capabilities, particularly in the assistance arena, which will complement the existing businesses, enabling AmTrust to build a full service offering across ATE and BTE legal expenses, home emergency and motor breakdown. They have a long-standing reputation for quality and integrity in their products and services, and we look forward to this exciting period of continued growth and expansion.”
Barry Smith, managing director of LIM, said: “I am delighted that LIM will be joining the AmTrust group and working alongside Arc Legal. They share our commitment to developing products and services, and we look forward to building on our previous 19 years of successful trading.”
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