Build America Mutual Assurance Company
Build America Mutual Assurance Company's email is info@buildamerica.com
and
Build America Mutual Assurance Company's phone number is 213-297-8000
.
BAM’s mission is to be the premier Financial Guaranty insurance company, serving investors with durable, transparent protection against default while acting as an industry utility providing efficient funding and savings for U.S. issuers who provide essential public infrastructure. BAM's mutual insurance structure means that its stakeholders -- the municipal issuer-members who use their insurance to reduce their borrowing costs and the investors who hold BAM-insured bonds -- are aligned behind a shared interest in accumulating capital and maintaining exceptional financial...
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BAM’s mission is to be the premier Financial Guaranty insurance company, serving investors with durable, transparent protection against default while acting as an industry utility providing efficient funding and savings for U.S. issuers who provide essential public infrastructure. BAM's mutual insurance structure means that its stakeholders -- the municipal issuer-members who use their insurance to reduce their borrowing costs and the investors who hold BAM-insured bonds -- are aligned behind a shared interest in accumulating capital and maintaining exceptional financial strength. BAM's capital is further protected by a unique 15% first-loss reinsurance treaty that covers losses of up to 15% of par on each policy, and BAM does not insure bonds from U.S. Territories, including Puerto Rico, international issuers, or structured finance securities like mortgage bonds or CDOs. BAM is committed to setting a new standard for transparency. BAM's entire insured portfolio is disclosed on its web site, and BAM Credit Profiles are available to provide insight into key operational and financial metrics for every credit they insure, with the data updated annually. BAM is rated AA/Stable by Standard & Poor’s Ratings Services, and their low leverage and strong claims-paying ability results in capital adequacy exceeding the minimum rating agency AAA standard. They are a mutual company domiciled in New York and regulated by the New York Department of Financial Services.
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Industry | Financial Services | |
Location | New York, New York, United States | |
Employees | 62 | |
Founded | 2012 |
HQ | 200 Liberty Street, 27th Floor | |
Phone | 213-297-8000 | |
info@buildamerica.com | ||
Competitors | Jpmorgan Chase & Co., Wells Fargo, Citi, Hsbc, Allianz, Ubs, |
Industry | Financial Services | |
Location | New York, New York, United States | |
Employees | 62 | |
Founded | 2012 | |
linkedin.com/company/build-america-mutual-assurance-company | ||
HQ | 200 Liberty Street, 27th Floor | |
Phone | 213-297-8000 | |
info@buildamerica.com |
Top Competitors for Build America Mutual Assurance Company
Build America Mutual Assurance Company Questions
Where are Build America Mutual Assurance Company's headquarters?
Build America Mutual Assurance Company's headquarters are in 200 Liberty Street, 27th Floor
What is Build America Mutual Assurance Company's phone number?
Build America Mutual Assurance Company's phone number is 213-297-8000
How many employees are working in Build America Mutual Assurance Company right now?
Build America Mutual Assurance Company has
62 employees.
View the Email and Phone Numbers for all 62 working at Build America Mutual Assurance Company.
What is Build America Mutual Assurance Company's industry?
Build America Mutual Assurance Company's industry is
Financial Services
Who are Build America Mutual Assurance Company's top competitors?
Build America Mutual Assurance Company's top competitors are
Jpmorgan Chase & Co.
,
Wells Fargo
,
Citi
,
Hsbc
,
Allianz
,
Ubs
What is Build America Mutual Assurance Company's email address?
Build America Mutual Assurance Company's email address is info@buildamerica.com
What are Build America Mutual Assurance Company's categories?
Build America Mutual Assurance Company's categories are Banking, Crowdfunding, Financial Services, Government, Insurance
What is Build America Mutual Assurance Company's location?
Build America Mutual Assurance Company's location is
New York, New York, United States
When was Build America Mutual Assurance Company's founded?
Build America Mutual Assurance Company's founding year is 2012
What is Build America Mutual Assurance Company's current status?
Build America Mutual Assurance Company's current status is operating