Full-Time
Posted on 3/13/2025
No salary listed
Junior, Mid
Company Does Not Provide H1B Sponsorship
Hoffman Estates, IL, USA
The job is based at the specified address in Schaumburg, IL.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2018
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Hybrid Work Options
NEW YORK and MORRISTOWN, N.J., Dec. 24, 2024 /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
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Unum Group announced that it has entered into a definitive agreement whereby the Amynta Group, an insurance services provider, will acquire Unum Group's Medical Stop Loss business.
CHATTANOOGA, Tenn. and NEW YORK, July 8, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced that it has entered into a definitive agreement whereby the Amynta Group, a leading insurance services provider, will acquire Unum Group's Medical Stop Loss business ("Stop Loss Business"). The business will operate as a full-service managing general underwriter under Amynta Risk Solutions.The business provides medical stop loss coverage to a diversified group of employers and industries across the United States."We are pleased to enter into an agreement to sell our Stop Loss operations to Amynta," said Marco Forato, senior vice president and chief strategy officer at Unum Group. "This transaction places the future of the Stop Loss business in capable hands and poised for strong growth while enabling Unum to continue its focus on key enterprise priorities."John Doucette, CEO of Amynta Risk Solutions, commented, "The acquisition of Unum's Stop Loss business aligns perfectly with our commitment to providing comprehensive solutions that deliver value to our partners and customers. Unum has built a strong stop loss business, bringing great expertise and capabilities to the market. We will continue to invest in the business to drive growth and innovation in the medical stop loss market."Terms of the sale were not disclosed
Doucette joins Amynta to spearhead newly created division.