AmTrust considers many classifications for small and mid-size businesses. They target business owners who meet the following requirements:
· Risk has at least one full time employee generating a premium of at least $500.
· Risk has fewer than 75 employees at a single location at the same time.
· Risk has a loss ratio less than 40% in the experience period.
· Generally three years in business with workers’ compensation coverage (except for new ventures).
Some of the most frequently written classifications are:
· Restaurants, Professional Offices, Buildings – Operation by owner or contractor, Retail Stores, Private Schools, Hotels, Machine Shops – Light Metalworking, Grocery Stores, Wholesale Stores, Beauty Shops.
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