AmTrust Acquires First Nationwide Title

May 24, 2016

New York-based AmTrust Financial Services Inc. recently acquired 100 of the outstanding shares of First Nationwide Title Agency LLC and its subsidiaries for cash. 

“First Nationwide represents a key commitment to our growing title insurance operation,” said AmTrust Financial Services, Inc. President and CEO, Barry Zyskind. “Steve Napolitano and his successful team provide AmTrust with the critical resources to build a competitive title insurance business.  We expect AmTrust Title will contribute to the company’s fee and underwriting revenue.”

Steven Napolitano, First Nationwide’s majority shareholder, will join the company as senior executive vice president of AmTrust Title and president of the direct title division. He established First Nationwide in August 2012. First Nationwide is headquartered in New York City and has two additional locations.  

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