Zurich, Blue River Underwriters reach agreement to offer Non Critical Catastrophe excess and surplus property coverage
Schaumburg, Ill., January 22, 2013 – Zurich, a leading property and casualty insurer globally and in North America, looks to expand its footprint in the excess and surplus property market through an agreement with Blue River Underwriters.
Through the agreement, Blue River will serve as a program administrator for Zurich American Insurance Company, writing E&S property coverage on both a primary and excess basis. Targeted classes of business include: property owners, hotel/motel, churches, retail, offices, light manufacturing and vacant buildings. Blue River also has the ability to write these classes in Florida excluding wind and hail, as well as, offering excess habitational covers. The program is written on a non-admitted basis excluding Critical Earthquake, Flood and Tier I & II wind exposed properties.
Zurich's nationwide property claims team will handle claim services for the program.
Blue River, is based in Atlanta, Ga., and is a commercial property underwriting facility for Breckenridge Insurance Group.
Agents seeking more information about this coverage can access it through our ZProgramsMatch website.
This product is being offered on a surplus lines basis in some jurisdictions; therefore, in those jurisdiction coverage can be obtained only through a licensed surplus lines broker. Only a licensed surplus lines broker can solicit or otherwise transact insurance with an insurer that is qualified to provide insurance on a surplus lines basis.
Zurich Insurance Group (Zurich) is a leading multi-line insurance provider with a global network of subsidiaries and offices in Europe, North America, Latin America, Asia-Pacific and the Middle East as well as other markets. It offers a wide range of general insurance and life insurance products and services for individuals, small businesses, mid-sized and large companies as well as multinational corporations. Zurich employs about 60,000 people serving customers in more than 170 countries. The Group, formerly known as Zurich Financial Services Group, is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt program which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.
In North America, Zurich is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors. Life insurance offered in the United States is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company. For more information about the products and services it offers and people Zurich employs around the world, go to http://www.zurichna.com/zna/aboutzurich/zna-home.htm Zurich celebrated its 100 year anniversary of insuring America and the success of its customers, shareholders and employees in 2012. Further information about Zurich's 100 year anniversary of insuring America is available at http://www.zurichna.com/100
About Blue River Underwriters
Founded in 2012, Blue River Underwriters offers expertise in excess flood, contractors and specialty property insurance. Based in Atlanta, Ga., Blue River Underwriters is a business within Breckenridge Insurance Group, a specialty underwriting manager, wholesale broker and insurance services company. More information can be found at www.blueriverunderwriters.com
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Zurich, North America