AmTrust sees continued growth in Turkish operations



AmTrust International, a global specialty insurer and reinsurer, continues to see solid growth in its Turkish operations following the establishment of its office in Istanbul last year.

Led by General Manager, Erdinc Karayazlik, AmTrust’s team in Türkiye has successfully strengthened the company’s foothold in the specialty market.

Karayazlik has over two decades of experience in senior insurance distribution roles across Türkiye, the Middle East, Europe, and Africa.

Supported by his team, Karayazlik has been instrumental in driving initiatives that have further developed AmTrust’s offerings, including mortgages, credit protection and rent guarantees, while working across geographies, explained the re/insurer.

The growth aligns with AmTrust’s ongoing strategic goal of enhancing underwriting profitability and expanding its geographical footprint in the credit protection and affinity sector.

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Karayazlik commented, “I’m thrilled with the progress we’ve made since our establishment in Türkiye. Our focus on the credit protection market has opened doors to new growth opportunities like extended warranties and device protection.

“Having a regional hub in Türkiye will allow us to centralise operations and strategically explore further expansion prospects within the region.”

Bruce Whitmee, Chief Executive Officer of AmTrust Specialty Limited, added, “Over the past year, we have made significant strides in our operations in Türkiye, and we are committed to our ambitious growth plans within our core specialty lines.”

The post AmTrust sees continued growth in Turkish operations appeared first on ReinsuranceNe.ws.

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