Phone: 1-800-221-1854 or 212-658-7470
One World Trade Center
New York, NY 10007
Ambac Financial Group, Inc. is a financial services holding company. The company is headquartered in New York, New York and is publicly traded on the NYSE under the ticker symbol AMBC. There is a restriction on the ownership of the company capped at 5% unless prior authorization is obtained. Ambac’s subsidiaries include Ambac Assurance Corporation and Ambac Assurance UK Limited, financial guarantee insurance companies currently in runoff. Other subsidiaries include Everspan Group and XChange Benefits, LLC.
Everspan Group is a specialty property and casualty insurance platform comprised of Everspan Insurance Company, an admitted insurer and Everspan Indemnity Insurance Company, a surplus lines insurer. Everspan Group plans to operate nationwide on an admitted and non-admitted basis. The companies which comprise the Everspan Group are wholly-owned subsidiaries of Ambac Financial Group, Inc. On October 4, 2021 Everspan acquired Providence Washington Insurance Company.
Xchange Benefits was founded in 2010 and is a diverse group of business units focused on the global insurance and reinsurance industry. On December 31, 2020, AMBAC Financial Group, Inc. acquired 80% of the membership interest of each of Xchange Benefits, LLC and Xchange Affinity Underwriting Agency, LLC.
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