Amynta Group Acquires Credit Insurance Business of Crum & Forster | PR Newswire [Video]

, /PRNewswire/ — Amynta Group, a leading insurance services provider, announced the acquisition of the Credit Division of Crum & Forster (“C&F”), a subsidiary of Fairfax Financial Holdings Limited. The acquisition of the C&F Credit Division, offering a suite of structured credit insurance solutions, expands Amynta’s presence in the credit insurance sector. The business will operate as a full-service Managing General Underwriter (MGU) under Amynta Risk Solutions.

The acquired business underwrites and manages credit insurance products, including mortgage credit and alternative credit risk solutions, primarily for financial institutions and mortgage insurers. The business provides turn-key access to the credit insurance market to a variety of insurance and reinsurance partners. C&F will remain an important partner for the business. The business will continue under the leadership of Daniel L. Sussman.

“The acquisition of the C&F Credit Division provides entry to a new specialty class of business with a team that has built a strong underwriting track record, …