Business Overview

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


  • Culture of respect, inclusion, collaboration and transparency
  • Attract, retain, and reward top performers who meet standards of excellence, integrity, and collaboration

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