AmTrust Financial Services has acquired Total Program Management in a cash transaction.
TPM is a managing general agency focused on programs that offer workers' compensation insurance to the health care industry, AmTrust said in a press release. In 2015, TPM was responsible for insurance premium totaling $47.1 million.
"The acquisition of TPM represents AmTrust's continuing strategy to vertically integrate product distribution and expand the company's valuable fee-based businesses," stated AmTrust Chairman, President and Chief Executive Officer Barry Zyskind.
TPM was f...
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