# AmTrust buys Wakam, restoring underwriting capacity for embedded insurance platform

_Published Monday, October 26, 2026 at 6:18 AM EDT · Products · Latest · Tier 2 — Notable_

![AmTrust buys Wakam, restoring underwriting capacity for embedded insurance platform — Primary](https://cdn-res.keymedia.com/cms/images/us/018/0359_639286039318975751.jpg)

AmTrust International has acquired and recapitalised Wakam, restoring underwriting capacity for its European embedded insurance platform, Insurance Business America reported. The October 26 deal announcement said Wakam could immediately write new business and renew policies across all jurisdictions.

France's ACPR had barred Wakam SA from writing or renewing business on September 25 after asset writedowns left it below its solvency capital requirement. AmTrust gains a licensed French insurer with 29 European passports and technology that lets partners build and distribute insurance products through application programming interfaces.

Wakam UK, a separately regulated subsidiary, was unaffected by the French ban.

## Sources

- [Insurance Business America](https://www.insurancebusinessmag.com/uk/news/mergers-acquisitions/amtrust-acquires-wakam-weeks-after-french-regulator-halted-its-underwriting-594890.aspx)

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Canonical: https://techandbusiness.org/newswire/G-ZXMlhorCir7n9V-XXwsh
Published: 2026-10-26T10:18:09.034Z
Story chronology: 2026-10-26T09:32:18.000Z
Retrieved: 2026-10-26T12:03:20.544Z
Publisher: Tech & Business (techandbusiness.org)