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AmeriTrust Group, Inc.
AmeriTrust Group, Inc. operates as a commercial insurance underwriter and insurance administration services company in the United States. The company markets and underwrites specialty property and casualty insurance programs and products on an admitted and non-admitted basis. It offers admitted programs that provide coverage for the food service industry, educators, physicians, agricultural businesses, and public entities; workers’ compensation insurance; and excess and surplus lines insurance for restaurants, bars/taverns, apartments, hotels/motels, and contractors’ liability. The company also provides non-admitted programs for pet-sitters, oil and gas contractors, and professional liability; and insurance programs for excess workers’ compensation, environmental, and marine markets. In addition, it offers program and product design, underwriting risk selection and policy issuance, claims administration and handling, and loss prevention and control services. Further, the company provides risk-bearing entities formation and administration services for clients and agents; and operates retail property and casualty insurance agencies that offer commercial, personal lines, life, and accident and health insurance, as well as reinsurance services to other insurers. It offers its products through a network of independent retail agents, wholesalers, program administrators, and general agents. AmeriTrust Group, Inc. was formerly known as Meadowbrook Insurance Group, Inc. and changed its name to AmeriTrust Group, Inc. October 2017. The company was founded in 1955 and is headquartered in Southfield, Michigan. AmeriTrust Group, Inc. operates as a subsidiary of Miracle Nova Ii (Us), Llc.
Market Cap
$434.7M
Volume
312.8K
Cash and Equivalents
$111.0M
EBITDA
$49.1M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$82.8M
Profit Margin
11.42%
52 Week High
$8.65
52 Week Low
$5.66
Dividend
N/A
Price / Book Value
0.92
Price / Earnings
16.30
Price / Tangible Book Value
0.98
Enterprise Value
N/A
Enterprise Value / EBITDA
N/A
Operating Income
$41.0M
Return on Equity
5.90%
Return on Assets
0.94
Cash and Short Term Investments
$111.0M
Debt
$233.1M
Equity
$470.1M
Revenue
$725.0M
Unlevered FCF
-$2.5M
Sector
Insurance
Category
N/A
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