CORRECTING and REPLACING AmTrust Announces Quarterly Cash Dividends on Preferred Stock

NEW YORK–(BUSINESS WIRE)–The second paragraph of the release should read: The preferred dividends
will be payable June 17, 2019 to stockholders of record on June 1, 2019.

The corrected release reads:

AMTRUST ANNOUNCES QUARTERLY CASH DIVIDENDS ON PREFERRED STOCK

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today
announced that its Board of Directors has approved a cash dividend per
share on the following series of non-cumulative preferred stock:

The preferred dividends will be payable June 17, 2019 to stockholders of
record on June 1, 2019.

About AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc., a multinational insurance holding
company headquartered in New York, offers specialty property and
casualty insurance products, including workers’ compensation, commercial
automobile, general liability and extended service and warranty
coverage. For more information about AmTrust visit www.amtrustfinancial.com

Forward Looking Statements

This news release contains certain forward-looking statements that are
intended to be covered by the safe harbors created by the Private
Securities Litigation Reform Act of 1995. When we use words such as
“anticipate,” “intend,” “plan,” “believe,” “estimate,” “expect,” or
similar expressions, we do so to identify forward-looking statements.
Examples of forward-looking statements include the plans and objectives
of management for future operations, including those relating to future
growth of our business activities and availability of funds, and
estimates of the impact of material weaknesses in our internal control
over financial reporting, and are based on current expectations that
involve assumptions that are difficult or impossible to predict
accurately and many of which are beyond our control. Actual results may
differ materially from those expressed or implied in these statements as
a result of significant risks and uncertainties, including, but not
limited to, the ability to recognize the benefits of the merger,
non-receipt of expected payments from insureds or reinsurers, changes in
interest rates, a further downgrade in the financial strength ratings of
our insurance subsidiaries, changes in tax laws, the effect of the
performance of financial markets on our investment portfolio,
development of claims and the effect on loss reserves, accuracy in
projecting loss reserves, the cost and availability of reinsurance
coverage, the effects of emerging claim and coverage issues, changes in
the demand for our products, our degree of success in integrating
acquired businesses, the effect of general economic conditions, state
and federal legislation, regulations and regulatory investigations into
industry practices, our ability to timely and effectively remediate the
material weakness in our internal control over financial reporting and
implement effective internal control over financial reporting and
disclosure controls and procedures in the future, risks associated with
conducting business outside the United States, the impact of Brexit,
developments relating to existing agreements, breaches in data security
or other disruptions with our technology, any inability to keep pace
with technological advances, heightened competition, changes in pricing
environments, changes in asset valuations and the results of legal
proceedings, including litigation relating to the merger. The
projections and statements in this news release speak only as of the
date of this news release and we undertake no obligation to update or
revise any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be required
by law.

Contacts

AmTrust Financial Services
InvestorCom
Toll Free (877)
972-0090
Banks and Brokers call collect (203) 972-9300
info@investor-com.com