AMTEX

Organized in 1988 by third party transportation intermediaries, like yourself, as a not-for-profit entity, the AMTEX surety concept of equitability has allowed third party transportation providers the opportunity to regain control over their own destiny.

The AMTEX surety program provides you, the intermediary, with the opportunity of disputing a claim presented against the surety, without immediate threat of surety cancellation - as opposed to the procedures of other sureties' which follow a procedure of paying a claim to relieve their anxieties or to avoid the threat of litigation. As a result of their disregard for your rights, you're forced to seek reimbursement for any grievance from the claimant after its been paid in full, or possibly lose your license when the surety cancels their third party commitment.

Being structured as a not-for-profit service organization, independently administrated to eliminate any concept of antitrust, AMTEX does not need to solely rely on annual premium payments to provide its unique services because we are not required, as an insurance carrier would be, to have an employee/agent in every state or Canadian province, nor does it have credit losses to accrue reserves against like a for-profit or publicly held organization would be required to do.