AmTrust Financial Services has launched East Reinsurance Services, a property reinsurance operation focused on U.S. markets. This new entity will provide proportional treaty reinsurance, targeting segments like excess and surplus (E&S) property, high-value homeowners, specialty property, inland marine, and builders risk.
East Re is fully owned by AmTrust and will operate under Technology Insurance Co., which has an A- rating from A.M. Best. Distribution will be exclusively through reinsurance intermediaries.
Kevin Sullivan, formerly head of E&S property at AmTrust, has been appointed as the head of property reinsurance at East Re. He joined AmTrust in 2024 to establish its E&S property operations and previously held a leadership role in specialty property at Axa XL Reinsurance.
East Re aims to build a diversified portfolio that balances catastrophe-exposed and less catastrophe-exposed business. It will leverage AmTrust’s resources in underwriting, actuarial services, catastrophe modeling, and claims management. Additionally, East Re plans to expand its offerings as client needs evolve.
