AmTrust Financial Services, Inc. (AFSI)
Q2 2012 Earnings Call
August 6, 2012, 09:00 am ET
Hilly Gross - VP, Investor Relations
Barry Zyskind - President & CEO
Ron Pipoly - CFO
Randy Binner - FBR
Mark Hughes - SunTrust
Ken Billingsley - BGB Securities
Matthew Heimermann - JPMorgan
Adam Klauber - William Blair
Bob Farnam - KBW
Good day ladies and gentlemen, and welcome to the AmTrust Financial second quarter year 2012 earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this conference call is being recorded.
I would now like to introduce your host for today's conference, Hilly Gross, Vice President of Investor Relations for AmTrust. You may begin.
Good morning and thank you. And thank you everyone for taking the time out to join us with this, our second quarter earnings conference call at AmTrust Financial. With me this morning are Mr. Barry Zyskind, President and CEO of AmTrust and Mr. Ron Pipoly, Chief Financial Officer of AmTrust and as always we are delighted to acknowledge the presence of Mr. Michael Saxon, Chief Operating Officer of AmTrust and Ms. Beth Malone, Senior Vice President of Investor Relations and Corporate Development.
Before I introduce Mr. Zyskind
and Mr. Pipoly
to give you the overview and analysis of the second quarter results, I would need your indulgence to read into directly the obligatory [power rep] on forward-looking statements. Since this morning during this conference call will contain certain forward-looking statements that are intended to be covered by the Safe Harbor’s created by the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact included in this presentation are forward-looking statements including statements accompanied by words such as, could, believe, expect, anticipate, intend, estimate, plan, project and continue or future or conditional word such as will, would, should, could or may. These statements include the plans and objectives of the management for future operations including those relating to future growth of the company’s business activities and availabilities of funds and are based on current expectations that involved assumptions that are difficult or impossible to predict accurately many of which are beyond the control of the company. There can be no assurance that actual developments will be consistent with our assumptions.