AmeriTrust Group, Inc. Names Gregory Kushnir, FCAS, MAAA, as Senior Vice President and Chief Actuary

SOUTHFIELD, Mich., March 7, 2018 /PRNewswire/ -- AmeriTrust Group, Inc. ("AmeriTrust") announced today that Gregory Kushnir, FCAS, MAAA, has joined AmeriTrust's executive team as Senior Vice President and Chief Actuary. In this capacity, Mr. Kushnir will assume the leadership of the Actuarial Department with responsibility for reserving, pricing, loss ratio forecasting and reinsurance analysis for AmeriTrust. Mr. Kushnir will report directly to Patrick Stewart, CFO, AmeriTrust Group, Inc.

"Mr. Kushnir has more than twenty years of actuarial experience including senior leadership and management experience in property casualty insurance industry. His knowledge and extensive actuarial acumen will further help position our Company for profitable growth," said Kenn Allen, CEO and President, AmeriTrust.

Mr. Kushnir began his career in July of 1997 as an Assistant Actuarial Analyst in national account workers compensation pricing. He also held Actuarial positions in personal lines auto costing/reserving and small commercial business pricing. In March of 2003, Mr. Kushnir joined a leading national property and casualty insurance carrier as an Assistant Vice President and Actuary. He assumed the role of Chief Actuary in December of 2005. In this role, he was responsible for a billion dollar book of commercial business until joining AmeriTrust in February 2018.

Mr. Kushnir holds a B.S. in Mathematics and Computer Science from the Colorado School of Mines. He continued his education at State University of New York at Binghamton where he obtained his Masters in Mathematics. He is a Fellow of the Casualty Actuarial Society (FCAS) and a member of the American Academy of Actuaries (MAAA).

About AmeriTrust Group, Inc.
Founded in 1955, Ameritrust Group, Inc, (formerly Meadowbrook Insurance Group, Inc.), is a nationally recognized specialty, niche-focused commercial insurance underwriter and insurance administration services provider within the commercial property and casualty insurance industry. AmeriTrust is comprised of four distinct distribution segments of the specialty insurance marketplace: admitted carrier operations, excess & surplus lines carrier operations, wholesale MGU/MGA and third-party administration operations, and retail insurance agency operations.

AmeriTrust offers a broad range of insurance solutions to select industry, trade and professional associations, affinity groups, governmental entities and independent agents. Carrier operations include six insurance companies which are licensed on both an admitted and non-admitted basis in all 50 states. For more information please visit www.ameritrustgroup.com.

AmeriTrust Group, Inc. operates as the U.S.-based insurance holding company for Fosun International Limited.

About Fosun International Limited
Fosun International Limited is a family-focused multinational company that has been listed on the main board of the Hong Kong Stock Exchange (00656:HK) since 2007. Founded in 1992, Fosun's total assets exceed RMB500 billion (c.US$75 billion). With its roots in China, and through technology and innovation, Fosun's mission is to create customer-to-maker (C2M) ecosystems in health, happiness and wealth, providing high-quality products and services for families around the world. For more information, please visit www.fosun.com.

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SOURCE AmeriTrust Group, Inc.