Our Financial Strength Is Your Peace Of Mind

By: Jeff Hatch

June 19, 2017

An extended service plan is a smart move. It confirms that you do indeed have a specific idea of how your products will be used and a reliable backup plan should anything go wrong. But in addition to giving time and thought to the type of coverage you’re interested in, it makes just as much sense to consider the company who will be backing your contract.  
With more than 30 years of leadership in service contract administration, Warrantech is comprised of industry veterans who average more than 23 years of experience in program evaluation and design. This wellspring of knowledge provides us with vast insight and enables our team to uncover hidden growth opportunities and structure programs that offer a high-value proposition for our partners and their customers. 
 
Warrantech is also a subsidiary of The Amynta Group, one of the strongest, most financially secure insurance companies in the industry. With an unwavering focus on your success, we go out of our way to deliver unparalleled service excellence in all that we do. 
 
A.M. Best rating of “A” (Excellent)
Named to the 2017 Fortune 500 list
Ranked 63rd on Fortune Magazine’s Fastest Growing Companies 
Named “2014 Best-Managed Company (Insurance)” by Forbes magazine 
Recognized as the most “warranty-centric” company in the industry by Warranty Week
Ranked 6th nationwide in National Association of Insurance Commissioners (NAIC) March 2014 workers’ comp market share report
A+ rated and accredited by the Better Business Bureau
Publicly traded (NASDAQ: AFSI)
More than $23.9 billion in assets
Multinational operations with offices worldwide
 
Having this financial strength allows us to bundle both underwriting and administration. And, as a result, it creates complete transparency and visibility to information that enables our customers to change and create plans that are both highly customized and profitable.
 
So whether you’re a customer, retailer, dealer, distributor, or manufacturer in the consumer or automotive market, Warrantech has a knowledgeable team that can provide a customized solution that will work specifically for you. And, just as important, offer you the financial stability to back it up so you can rest assured that you’re getting the best plan possible.
 
For more information, visit www.warrantech.com or call 800.833.8801.

Filed Under: best, financial, forbes, fortune, stability, Warrantech

The Amynta Group Earns Distinction as Fortune 500 Company Following Record Year of Revenue

By: Jeff Hatch

June 07, 2017

Achievement Recognizes The Amynta Group's Long-Term Success
 
NEW YORK, June 07, 2017 (GLOBE NEWSWIRE) -- Warrantech's parent company, The Amynta Group, today announced that the Company has been named to the prestigious Fortune 500 list for the first time. The list celebrates the largest companies in the U.S. by total revenue.
 
This achievement is a recognition of The Amynta Group's financial strength and stability and follows a year of record revenue for the company. The Amynta Group's total revenue in 2016 was $5.45 billion, an increase of 18% over the prior year.
 
Since its founding in 1998, The Amynta Group has grown into a multinational property and casualty insurer with nearly 8,000 employees in more than 125 offices serving 70 countries around the globe. In the U.S., The Amynta Group is one of the top three providers of workers' compensation insurance and one of the top three warranty writers. The Amynta Group is also a top 13 Lloyd's manager by capacity. As an innovative, technology-driven provider of insurance products, The Amynta Group has earned a prestigious "A" (excellent) rating from A.M. Best.
 
"The Amynta Group is honored to join the Fortune 500 alongside an elite group of successful companies, and we're very grateful to our partners, brokers and agents for their trust in us as we reach this milestone," said Barry Zyskind, Chairman and Chief Executive Officer of The Amynta Group. "The Amynta Group's inclusion in the Fortune 500 is possible thanks to the hard work and dedication of our people, who live our core values of integrity, diversity, accountability, teamwork, community engagement, and a spirit of entrepreneurship. We adhere to these values every day allowing us to continue to successfully build a best-in-class property and casualty insurer for our valued partners and customers."
 
The Amynta Group was ranked 475 on the 63rd annual Fortune 500 list.
 
About The Amynta Group
The Amynta Group, a multinational insurance holding company headquartered in New York City, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile, general liability and extended service and warranty coverage through its primary insurance subsidiaries rated "A" (Excellent) by A.M. Best.

Filed Under: 500, achievement, Fortune, insurance, recognition, record, revenue, warranty, year