- CEO
- Henry Walter Nozko Jr.
- Full Time Employees
- 25
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- Address
- 30 South Road Farmington CT United States of America 06032-2418
- IPO Date
- Sep 1, 1987
- Business
- ACMAT Corporation, through its wholly owned subsidiary ACSTAR Insurance Company, markets surety bonds primarily for construction contractors throughout the United States. The company offers contract surety bonds for prime, subcontract, specialty trade, environmental remediation, and asbestos abatement contractors; miscellaneous surety including workers' compensation bonds, supply bonds, subdivision bonds, license and permit bonds; and related financial guarantees for nearly all construction classifications. Founded in 1950 and headquartered in Farmington, Connecticut, ACMAT operates in the specialty insurance sector, targeting general contractors, environmental firms, and related professionals nationwide with a focus on niche surety products. In recent quarters, the company reports improved financial performance, including net earnings of $305,697 for the third quarter of 2025 versus $479,223 in the prior year period, alongside quarterly revenues of $1.04 million, reflecting ongoing volatility in premiums from competitive market dynamics and strategic underwriting selectivity; AM Best affirmed stable ratings for ACMAT at bbb and ACSTAR at A (Excellent) citing strong balance sheet strength and operating performance amid infrastructure opportunities.