Ambac Financial Group, Inc. is a financial services holding company. Ambac's subsidiaries include Ambac Assurance Corporation and Ambac Assurance UK Limited, financial guarantee insurance companies currently in runoff; Everspan Indemnity Insurance Company and Everspan Insurance Company, specialty property & casualty program insurers; and Xchange Benefits, LLC and Xchange Affinity Underwriting Agency, LLC, property & casualty Managing General Underwriters. Our corporate initiatives are governed by our corporate Mission, Vision and Values.
Optimize our business and its components to achieve maximum return for shareholders
Aggressively pursue financially sound strategies to reduce risk and decrease the size of the insured portfolio
Transition to a growth-oriented platform sufficiently capitalized to support businesses that are synergistic with Ambac’s core competencies