History

AmeriTrust Group – A story of evolution and innovation

1955 Meadowbrook Insurance Agency founded in Southeastern Michigan by businessman Mert Segal.
1985 Founded Star Insurance Company, specializing in group property and casualty lines, providing insurance products to trade associations, public entities, affinity groups, individual businesses and professionals.
1995 Meadowbrook’s common stock becomes publicly traded.
1997 Acquired Crest Financial Corporation – includes Williamsburg National Insurance Company, Interline Insurance Services (wholesale agency) and Commercial Carriers Insurance Agency (retail agency). These companies primarily service the need of the trucking and transportation industries.
1998 Acquired Ameritrust Insurance Corporation and Florida Preferred Administrators. Ameritrust specializes in underwriting workers’ compensation.
2007 Acquired U.S. Specialty Underwriters (USSU) which produces excess workers’ compensation coverages.
2008 Merger transaction with ProCentury Corporation, parent of Century Surety and Pro Century Insurance. Century provides excess and surplus lines insurance coverages.
2013 Launched the new risk management platform Safetysurance.
2015 Merged with Fosun International Limited of Shanghai, China.
2015 Acquired Mackinaw Administrators based in Brighton, MI. Mackinaw provides claims administration and risk management programs.
2019 AmeriTrust Group earns an A- (Excellent) upgrade from A.M. Best.
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