Open Lending Corporation announced the early extension of its producer agreement with AmTrust North America, Inc., a subsidiary of AmTrust Financial Services, Inc. The agreement, originally set to expire in 2028, will now run through 2033.
AmTrust is Open Lending’s largest and longest-standing insurance provider, making this early extension a significant strategic development. The extended partnership secures critical insurance capacity for Open Lending's Lenders Protection™ Program.
Jessica Buss, Chairman and CEO of Open Lending, stated that the extension demonstrates AmTrust's faith in the company's product, team, and ability to generate profitable business. Barry Zyskind, Chairman and CEO of AmTrust, also expressed enthusiasm for the continued collaboration.
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