Amynta Group snaps up unemployment claims management firm
Acquisition expands presence on the West Coast
Amynta Group snaps up unemployment claims management firm
INSURANCE NEWS
By Duffie Osental
19 Jun 2019

Insurance distribution and services company Amynta Group has announced its acquisition of Nonprofit Unemployment Fund Services, Inc. (NUF).

Based in California, NUF offers members unemployment claims management and fund administration services. The company will be folded into First Nonprofit, an Amynta subsidiary that serves more than 2,000 organizations and over 500,000 employees nationwide by providing state-compliant and individually insured services that satisfy State Unemployment Insurance (SUI) requirements for non-profit, government, and tribal entities.

Read more: Amynta taps Bank of America exec for CEO role

“NUF has been providing its members with innovative solutions and outstanding service for many years,” said Mario Poretto, president of First Nonprofit.  “The addition of NUF will expand our presence on the West Coast and broaden our service offerings. We look forward to working together in assisting members in delivering efficient cost management solutions, so they can invest more money in their missions.”

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