checkAd

     379  0 Kommentare Atlas Financial Holdings, Inc. Enters Into Agreement with American Financial Group, Inc.; Continues Strategic Evaluation - Seite 2

    Atlas is also working on additional arrangements with the objective of establishing MGA relationships in connection with the Company’s other lines of business as well.

    The Company is continuing to work with its appointed strategic advisor, Sandler O'Neill + Partners, L.P., in an effort to maximize value for all shareholders and will provide additional updates as previously communicated.

    About Atlas
    The primary business of Atlas is commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the “light” commercial automobile sector including taxi cabs, non-emergency para-transit, limousine/livery (including certain transportation network company drivers) and business auto. The business of Atlas is carried on through its subsidiaries American Country Insurance Company, American Service Insurance Company, Inc., Gateway Insurance Company, Global Liberty Insurance Company of New York, Anchor Group Management, Inc., and optOn Insurance Agency Inc. Atlas’ insurance subsidiaries have decades of experience with a commitment to always being an industry leader in these specialized areas of insurance.

    For more information about Atlas, please visit www.atlas-fin.com.

    Forward-Looking Statements
    This release includes forward-looking statements regarding Atlas and its insurance subsidiaries and businesses. Such statements are based on the current expectations of the management of each entity. The words “anticipate,” “expect,” “believe,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or similar words are used to identify such forward looking information. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Companies, including risks regarding the insurance industry, economic factors and the equity markets generally and the risk factors discussed in the “Risk Factors” section of the Company’s 2017 Annual Report on Form 10-K. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Atlas and its subsidiaries undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

    Seite 2 von 2



    Business Wire (engl.)
    0 Follower
    Autor folgen

    Atlas Financial Holdings, Inc. Enters Into Agreement with American Financial Group, Inc.; Continues Strategic Evaluation - Seite 2 Atlas Financial Holdings, Inc. (NASDAQ:AFH) (“Atlas” or the “Company”) announced today that as an initial outcome of its strategic review, Atlas concluded that the utilization of its wholly owned Managing General Agency (“MGA”) …