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AmTrust names successors for top executives

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AmTrust names successors for top executives

AmTrust Financial Services Inc. named Christopher Foy and Peter Dewey to succeed Michael Saxon, executive vice president for U.S. commercial lines, and Max Caviet, CEO of AmTrust International Ltd.

Foy was named executive vice president and head of North American commercial property and casualty, while Dewey was appointed executive vice president and head of international. Foy joined AmTrust in 2016 as president of AmTrust Underwriters; Dewey has served as CEO at AmTrust at Lloyd's of London since 2014.

Saxon, Caviet and AmTrust Financial COO Christopher Longo in December announced their intention to leave the company, effective Dec. 31, 2018. Saxon and Caviet retired, while Longo left to pursue other opportunities.

Saxon will continue on a consultative basis as vice chairman of AmTrust North America. Saxon and Longo had been with the company since 2001, while Caviet joined in 2003.

Additionally, AmTrust Financial launched a strategic plan "focused on leveraging the company's unique strengths" to offer select commercial P&C products and services globally.