Definition: Amtex Insurance Inc., also known as AMTEX Insurance, is a subsidiary of Amex Corporation (NYSE:AMX) in Dallas, Texas, United States. The company has been in business since 1970 and serves a broad range of industries including healthcare, manufacturing, transportation, financial services, and utilities. The word "amtex insurance" refers to an insurance policy that covers the risks associated with amex technology or the operations of companies within the Amex Corporation's network. The term is often used in the context of Amex Insurance Company (which it is) providing coverage for various types of losses and risks related to its businesses, such as cyber attacks, natural disasters, or accidents on its roads. The insurance policy typically includes provisions for deductibles, limits, and exclusions that define the scope of coverage. The policy may also include riders, which can be customized to meet specific needs or objectives specific to each business entity being insured. In summary, "amtex insurance" refers to an Amex Corporation-insured policy covering risks related to amex technology and its businesses.
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