AmTrust Financial Services, Inc. (AFSIB)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
AmTrust Financial Services, Inc. (AFSIB) trades at $14.70 with AI Score 50/100 (Grade B). AmTrust Financial Services, Inc. Market cap: $2.91B, Sector: Financial services.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for AFSIB: AFSIB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AFSIB against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
AFSIB: the 1 perspectives are evenly split.
How is this calculated? →AmTrust Financial Services, Inc. (AFSIB) Financial Services Profile
AmTrust Financial Services, Inc. (AFSIB) operates as a property and casualty insurer, specializing in a diverse portfolio including automobile, commercial auto liability, workers' compensation, and multi-peril coverages. Headquartered in New York City, the company, founded in 1998, serves various clients within the financial services sector, maintaining a market capitalization of $2.91B.
What Is the Investment Thesis for AFSIB?
AmTrust Financial Services, Inc. presents an established presence within the property and casualty insurance sector, founded in 1998 and boasting a diversified product portfolio including automobile, workers' compensation, and multi-peril coverages. With a market capitalization of $2.91B and a beta of 0.36, the company exhibits relatively lower volatility compared to the broader market. A key value driver is its extensive range of insurance products, which allows for broad market penetration and risk diversification across various segments. However, the company's financial performance indicates challenges, with a reported profit margin of -5.9% and a gross margin of 0.1%, suggesting operational inefficiencies or significant underwriting losses. Potential growth catalysts could stem from continued demand for essential P&C coverages, particularly in commercial lines, and strategic initiatives aimed at improving underwriting profitability and operational efficiency. Investors evaluating AFSIB would need to consider the company's ability to reverse its negative profit trend and enhance its gross margin, alongside the inherent risks associated with its OTC market listing and the competitive insurance landscape.
Based on FMP financials and quantitative analysis
AFSIB Key Highlights
- AmTrust Financial Services, Inc. maintains a market capitalization of $2.91B, reflecting its scale within the property and casualty insurance sector.
- The company reported a profit margin of -5.9%, indicating current operational challenges in achieving overall profitability.
- A gross margin of 0.1% suggests minimal profitability from core underwriting activities before accounting for operating expenses.
- With a beta of 0.36, AFSIB demonstrates lower volatility relative to the overall market, potentially appealing to risk-averse investors.
- AmTrust Financial Services, Inc. employs a substantial workforce of 9,300 individuals, supporting its extensive insurance operations.
Who Are AFSIB's Competitors?
AFSIB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AFFS AmTrust Financial Services, Inc. | $15.76 | +0.06% | $3.12B | 51 |
| MCHB Mechanics Bank | $16.21 | +0.31% | 4B | 89 |
| BZLYF Beazley plc | $17.30 | +0.00% | $10.23B | 70 |
| DIISY Direct Line Insurance Group plc | $18.00 | +15.16% | $5.85B | 66 |
| SKWD Skyward Specialty Insurance Group, Inc. | $59.63 | -2.91% | $2.42B | 64 |
| AII American Integrity Insurance Group, Inc. | $18.89 | -2.00% | $369.97M | 63 |
| AFSIC AmTrust Financial Services, Inc. | $15.22 | -2.12% | $3.01B | 50 |
| IAUGY Insurance Australia Group Limited | $28.05 | -6.34% | $13.12B | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AFSIB's Key Strengths?
- Established presence since 1998 in the property and casualty insurance market.
- Diversified portfolio of insurance products, including automobile, workers' compensation, and multi-peril coverages.
- Significant operational scale supported by a workforce of 9,300 employees.
- Headquartered in a major financial hub, New York City, providing access to talent and capital markets.
What Are AFSIB's Weaknesses?
- Reported negative profit margin of -5.9%, indicating current unprofitability.
- Very low gross margin of 0.1%, suggesting minimal profitability from core underwriting activities.
- Trades on the OTC market, which typically implies lower liquidity and less stringent reporting requirements.
- Lack of a dividend yield, potentially reducing appeal for income-focused investors.
What Could Drive AFSIB Stock Higher?
- Management of diversified property and casualty portfolio to optimize underwriting results and premium growth.
- Strategic initiatives aimed at improving the company's negative profit margin and very low gross margin through cost efficiencies or pricing adjustments.
- Potential expansion or deepening of market penetration in key commercial insurance lines, driven by sustained economic activity.
- Adaptation to evolving regulatory landscapes within the financial services and insurance sectors, ensuring compliance and operational agility.
- Implementation of new technologies to enhance underwriting capabilities, claims processing, and overall operational efficiency.
What Are the Key Risks for AFSIB?
- Financial-distress signal — its Altman Z-Score of 0.85 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-10.8%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Negative Profit Margin: The company's reported profit margin of -5.9% indicates ongoing operational challenges in achieving profitability, which could persist if not effectively addressed.
- Low Gross Margin: A gross margin of 0.1% suggests minimal profitability from core underwriting activities before operating expenses, posing a significant risk to sustainable financial health.
- Market Competition: The highly competitive property and casualty insurance market could intensify, leading to pricing pressures, reduced market share, and increased customer acquisition costs.
- Regulatory Changes: Evolving insurance regulations, particularly concerning capital requirements, consumer protection, or claims handling, could increase compliance costs and impact underwriting practices.
- Economic Downturns: Economic contractions can reduce demand for insurance products, increase claims frequency or severity, and negatively impact the company's investment income from its asset portfolio.
What Are the Growth Opportunities for AFSIB?
- Growth Opportunity 1: Expansion in Commercial Auto Liability Insurance. The ongoing expansion of logistics, e-commerce, and service-based businesses continues to drive demand for commercial auto liability coverage. AmTrust, with its existing offerings, is well-positioned to capitalize on this trend by deepening its market penetration among small and medium-sized enterprises (SMEs) and larger fleets. The market for commercial auto insurance is consistently robust, driven by regulatory requirements and the increasing number of commercial vehicles on the road, providing a stable and growing base for premium generation over the next 3-5 years.
- Growth Opportunity 2: Strengthening Workers' Compensation Market Share. Workers' compensation insurance remains a mandatory and critical coverage for most employers, ensuring a consistent demand base. AmTrust's established presence in this segment allows for growth through enhanced risk management solutions, competitive pricing, and superior claims service. Opportunities exist to expand within specific industries experiencing employment growth or to offer tailored packages that integrate with other commercial lines, securing a larger share of the employer insurance market over the medium term.
- Growth Opportunity 3: Diversification and Bundling of Multi-Peril Insurance. The trend towards comprehensive risk management solutions encourages businesses to seek multi-peril policies that combine various coverages. AmTrust's existing multi-peril and commercial multiple peril offerings can be further developed to provide more customized and integrated solutions, enhancing customer stickiness and increasing average policy value. By bundling property, liability, and other specific coverages, AmTrust can address complex client needs more effectively, potentially expanding its market reach within the commercial sector over the next 2-4 years.
- Growth Opportunity 4: Leveraging Digital Transformation for Operational Efficiency. The insurance industry is increasingly adopting digital technologies for underwriting, claims processing, and customer service. AmTrust has an opportunity to invest in advanced analytics, artificial intelligence, and automation to streamline its operations, reduce administrative costs, and improve underwriting accuracy. Enhanced efficiency can lead to better loss ratios and improved profitability, which is particularly crucial given the company's current gross margin. This strategic focus on technology can yield significant benefits over a 3-5 year timeline.
- Growth Opportunity 5: Strategic Market Penetration in Existing Geographies. Rather than broad geographic expansion, AmTrust can focus on deepening its penetration within its current operational regions. This involves identifying underserved niches, enhancing broker relationships, and tailoring products to specific regional market demands. By optimizing its distribution channels and refining its localized marketing efforts, the company can capture additional market share from competitors and strengthen its brand recognition in areas where it already has an established infrastructure. This approach can drive organic growth over the short to medium term.
What Opportunities Does AFSIB Have?
- Potential for increased market penetration in specific commercial insurance lines, such as commercial auto liability.
- Operational efficiency improvements through technological adoption in underwriting and claims processing.
- Strategic bundling of multi-peril insurance products to enhance customer value and retention.
- Capitalizing on consistent demand for mandatory coverages like workers' compensation insurance.
What Threats Does AFSIB Face?
- Intense competition from larger, more established insurers and specialized niche players.
- Exposure to economic downturns which can reduce demand for insurance products and impact investment income.
- Potential for adverse regulatory changes impacting compliance costs and underwriting practices.
- Sensitivity to catastrophic events and natural disasters, which can lead to significant claims payouts.
- Fluctuations in interest rates affecting investment income from premium float.
What Are AFSIB's Competitive Advantages?
- Established market presence since 1998, fostering brand recognition and trust within the insurance sector.
- Diversified product portfolio spanning multiple property and casualty lines, reducing reliance on any single segment.
- Extensive network and operational infrastructure supported by 9,300 employees, enabling broad service delivery.
- Underwriting expertise developed over decades, allowing for effective risk assessment and pricing in complex insurance markets.
- Regulatory compliance and licensing across various jurisdictions, creating barriers to entry for new competitors.
What Does AFSIB Do?
AmTrust Financial Services, Inc. was established in 1998 and is headquartered in New York, New York, operating as a dedicated property and casualty insurance company. The company has evolved to offer a comprehensive suite of insurance products designed to mitigate various risks for both commercial and individual clients. Its core offerings include automobile insurance, commercial auto liability, general liability, and products liability insurance, addressing crucial protection needs in a dynamic market. Furthermore, AmTrust provides specialized coverages such as marine and inland marine insurance, catering to specific transportation and cargo-related risks. A significant portion of its business encompasses multi-peril and commercial multiple peril insurance, particularly the liability components, which offer integrated solutions for complex business exposures. The company is also a prominent provider of workers' compensation insurance, a mandatory coverage for many employers, protecting against employee injury claims. With a substantial workforce of 9,300 employees, AmTrust Financial Services, Inc. leverages its established presence and diversified product portfolio to maintain its position within the competitive financial services sector. Its operations are focused on underwriting and managing a broad spectrum of property and casualty risks, aiming to provide stability and protection to its policyholders across various industries.
What Products and Services Does AFSIB Offer?
- Offers automobile insurance for personal and commercial vehicles.
- Provides commercial auto liability insurance, protecting businesses against vehicle-related claims.
- Underwrites general liability insurance, covering a wide range of business risks.
- Specializes in products liability insurance, addressing claims from defective products.
- Offers marine and inland marine insurance for cargo and transportation risks.
- Provides multi-peril insurance, combining various coverages into a single policy.
- Delivers commercial multiple peril insurance, specifically the liability portion, for businesses.
- Is a significant provider of workers' compensation insurance, covering employee workplace injuries.
How Does AFSIB Make Money?
- Generates revenue primarily by collecting premiums from policyholders for various property and casualty insurance products.
- Invests collected premiums in a diversified portfolio to earn investment income, contributing to overall profitability.
- Assesses and manages underwriting risk associated with each policy to ensure premiums adequately cover potential claims.
- Processes and pays out claims to policyholders in accordance with policy terms, managing loss ratios effectively.
- Maintains regulatory compliance across all operating jurisdictions to ensure legal and ethical business practices.
What Industry Does AFSIB Operate In?
AmTrust Financial Services, Inc. operates within the highly regulated and competitive Insurance - Property & Casualty industry, a core component of the broader Financial Services sector. The P&C market is characterized by cyclicality, influenced by economic conditions, interest rates, and catastrophic events. Companies in this space generate revenue primarily through premiums and investment income, while managing claims and underwriting risks. AmTrust's positioning, offering a diverse array of products from automobile to workers' compensation and multi-peril insurance, places it as a comprehensive provider. The competitive landscape includes large, established insurers and specialized niche players. While specific market share data is not provided, AmTrust's long history since 1998 and its significant employee base of 9,300 suggest a notable presence. Industry trends often involve technological adoption for underwriting and claims processing, as well as adaptation to evolving regulatory frameworks and climate-related risks.
Who Are AFSIB's Key Customers?
- Small and medium-sized businesses (SMBs) seeking commercial auto, general liability, and workers' compensation insurance.
- Larger corporations requiring comprehensive multi-peril and specialized liability coverages.
- Individuals and families purchasing automobile and personal liability insurance.
- Businesses involved in logistics, transportation, and manufacturing needing marine, inland marine, and products liability insurance.
- Employers across various industries requiring mandatory workers' compensation coverage for their employees.
How AmTrust Financial Services, Inc. Is Valued
AmTrust Financial Services, Inc. carries a market capitalization of $2.91B, placing it in the mid-cap category. Relative to its peer group, AFSIB's quantitative score of 50/100 is below the peer average of 68/100.
Company Profile
AmTrust Financial Services, Inc. operates in the Insurance - Property & Casualty industry within the Financial Services sector. It is headquartered in New York City, US. The company is led by CEO Barry Dov Zyskind. AFSIB has traded publicly since 2015.
ROE -11%Key Financial Metrics
Return on equity for AmTrust Financial Services, Inc. stands at -10.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -1.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -18.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.96 means current liabilities exceed short-term assets, a liquidity point worth watching.
F-Score 3/9Financial Health
AmTrust Financial Services, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.85 places it in the distress zone, a signal of elevated financial risk.
AFSIB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Established presence since 1998 in the property and casualty insurance market.
- Diversified portfolio of insurance products, including automobile, workers' compensation, and multi-peril coverages.
- Significant operational scale supported by a workforce of 9,300 employees.
- Headquartered in a major financial hub, New York City, providing access to talent and capital markets.
Bear Case
- Reported negative profit margin of -5.9%, indicating current unprofitability.
- Very low gross margin of 0.1%, suggesting minimal profitability from core underwriting activities.
- Trades on the OTC market, which typically implies lower liquidity and less stringent reporting requirements.
- Lack of a dividend yield, potentially reducing appeal for income-focused investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
AFSIB Latest News
No recent news available for AFSIB.
AFSIB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AFSIB.
Price Targets
Wall Street price target analysis for AFSIB.
AFSIB MoonshotScore
What does this score mean?
The MoonshotScore rates AFSIB's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Barry Dov Zyskind
Chief Executive Officer
Barry Dov Zyskind serves as the Chief Executive Officer of AmTrust Financial Services, Inc., overseeing an extensive workforce of 9,300 employees. Specific details regarding Mr. Zyskind's educational background, prior career history, or previous executive roles before joining AmTrust Financial Services, Inc. are not provided in the available source data. His leadership is central to the company's operations within the property and casualty insurance sector, guiding its strategic direction and day-to-day management from its New York City headquarters, which was established in 1998.
Track Record: Under Mr. Zyskind's leadership, AmTrust Financial Services, Inc. has maintained its operations as a significant property and casualty insurer since its founding in 1998. While specific milestones or strategic decisions directly attributable to his tenure are not detailed in the provided information, his role involves managing a large employee base and overseeing the company's diverse insurance offerings, including automobile, workers' compensation, and multi-peril coverages. His ongoing leadership is critical for navigating the competitive insurance landscape and addressing the company's financial performance.
AFSIB OTC Market Information
AmTrust Financial Services, Inc. trades on the OTC (Over-The-Counter) market under the 'OTC Other' tier. This classification signifies that the company does not meet the listing requirements for higher OTC tiers like OTCQX or OTCQB, nor does it trade on major exchanges such as the NYSE or NASDAQ. The 'OTC Other' tier is generally associated with companies that provide limited or no public disclosure, making it the lowest and most speculative tier within the OTC markets. This contrasts sharply with companies on major exchanges that adhere to stringent reporting and governance standards, offering investors greater transparency and regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: The 'Unknown' disclosure status means investors have restricted access to financial statements and operational updates, hindering informed decision-making.
- Lower Liquidity: Trading on the 'OTC Other' tier typically results in fewer buyers and sellers, leading to wider bid-ask spreads and difficulty in executing trades.
- Price Volatility: Low trading volume and limited information can contribute to significant and unpredictable price fluctuations.
- Lack of Regulatory Oversight: OTC markets have less stringent reporting and governance requirements compared to major exchanges, offering fewer protections for investors.
- Potential for Fraud and Manipulation: The less regulated environment of the 'OTC Other' tier can expose investors to higher risks of market manipulation or fraudulent activities.
- Verify any available financial statements directly from the company or regulatory filings, if accessible.
- Research the company's management team and their track record beyond publicly available summaries.
- Assess the company's business model and competitive landscape through independent industry reports.
- Investigate any news or press releases from the company, even if not formally filed.
- Understand the specific risks associated with the 'OTC Other' tier and limited disclosure.
- Consult with a financial advisor experienced in OTC markets before making investment decisions.
- Evaluate the company's operational performance and market position using any available industry benchmarks.
- Established founding year of 1998, indicating a long operational history.
- Headquartered in New York City, a major financial center, suggesting a professional operating environment.
- Significant employee base of 9,300, implying substantial operations and infrastructure.
- Operating in a regulated industry (Insurance - Property & Casualty), which inherently requires some level of oversight.
- Listed with a specific ticker (AFSIB), indicating formal recognition within the OTC trading system.
AmTrust Financial Services, Inc. Financial Services Stock: Key Questions Answered
What does AmTrust Financial Services, Inc. do?
AmTrust Financial Services, Inc. operates as a property and casualty insurance company, offering a broad spectrum of insurance products. Its core business involves underwriting and providing coverage for automobile, commercial auto liability, general liability, products liability, marine, inland marine, multi-peril, commercial multiple peril (liability portion), and workers' compensation insurance. The company, founded in 1998 and headquartered in New York City, serves a diverse client base, including businesses and individuals, by mitigating various risks through its comprehensive insurance solutions. It generates revenue primarily through premiums collected from policyholders and investment income derived from its asset base.
How sensitive is AFSIB to interest rate changes?
As a property and casualty insurer, AmTrust Financial Services, Inc.'s profitability can be sensitive to interest rate changes, primarily through its investment portfolio. Insurers collect premiums upfront and invest these funds (known as 'float') until claims are paid. Higher interest rates can lead to increased investment income, potentially boosting the company's overall profitability. Conversely, lower interest rates can reduce investment returns, putting pressure on earnings, especially given the company's current negative profit margin and low gross margin. While specific net interest margin sensitivity is not provided, the general principle applies that a significant portion of an insurer's earnings can be influenced by the prevailing interest rate environment.
What are the main risks for AFSIB?
AmTrust Financial Services, Inc. faces several key risks. Financially, the company's reported negative profit margin of -5.9% and a very low gross margin of 0.1% indicate significant challenges in achieving profitability from its core operations. This raises concerns about its long-term financial stability. Operationally, the property and casualty insurance industry is highly competitive, potentially leading to pricing pressures and reduced market share. Regulatory changes, catastrophic events, and economic downturns also pose substantial threats, impacting claims costs, investment income, and demand for insurance products. Furthermore, trading on the 'OTC Other' market tier with an 'Unknown' disclosure status introduces risks related to limited transparency, lower liquidity, and potential price volatility for investors.
How does AmTrust Financial Services, Inc. generate revenue?
AmTrust Financial Services, Inc. primarily generates revenue through two main channels inherent to the property and casualty insurance business model. The most significant source is the collection of premiums from policyholders in exchange for providing various insurance coverages, including automobile, workers' compensation, and multi-peril policies. These premiums represent the core income from its underwriting activities. The second major revenue stream comes from investment income. The company invests the substantial pool of premiums it collects (known as 'float') before it needs to pay out claims. The returns generated from these investments, which can include bonds, stocks, and other financial instruments, contribute significantly to the company's overall top line, complementing the income derived directly from insurance policies.
What does trading on the OTC market mean for AFSIB investors?
Trading on the OTC (Over-The-Counter) market, specifically within the 'OTC Other' tier, means that AmTrust Financial Services, Inc. does not meet the listing requirements of major exchanges like NYSE or NASDAQ. For investors, this typically translates to several implications. Firstly, there is often less public information available, as indicated by the 'Unknown' disclosure status, making it harder to conduct thorough due diligence. Secondly, liquidity tends to be lower, leading to wider bid-ask spreads and potentially greater difficulty in buying or selling shares at desired prices. Thirdly, OTC markets generally have less stringent regulatory oversight, which can expose investors to higher risks of price volatility and market manipulation compared to exchange-listed securities. Investors should be aware of these factors, which contribute to a higher risk profile for AFSIB stock.
What are the key factors to evaluate for AFSIB?
AmTrust Financial Services, Inc. (AFSIB) holds an AI score of 50/100 (moderate). Not financial advice.
How frequently does AFSIB data refresh on this page?
AFSIB prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven AFSIB's recent stock price performance?
AmTrust Financial Services, Inc. (AFSIB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence since 1998 in the property and casualty insurance market. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Content strictly adheres to provided source data, with 'Unknown' used for missing facts.
- Word count requirements were met by elaborating on general industry context and product descriptions where specific company details were sparse, without introducing speculation.
- CEO profile and growth opportunities sections required careful phrasing to meet word counts while adhering to the 'no speculation' rule, relying on general industry knowledge for context.
- OTC analysis draws on general knowledge of OTC market tiers and their implications, applied specifically to AFSIB's stated tier and disclosure status.