Trust Risk wins EUR8.7mn commissions from Italian court
Italian broker Trust Risk Group has been awarded EUR8.7mn in
commissions by an Italian court in the firm's ongoing legal
dispute with AmTrust.
Trust Risk is pursuing the US specialty insurer in Italian
arbitration proceedings following the acrimonious breakdown of the
exclusive distribution arrangement between the two companies. The
company is led by CEO Antonio Somma.
The relationship between the two companies fell apart last year
amid accusations that Somma's son-in-law stole information from
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