Dateline: 17/01/2000
SCHAUMBURG, IL, January 17, 2000 -- The Environmental group at Zurich U.S. announced that it has appointed Bonding & Insurance Specialists Agency, Inc. (BISA) as Program Administrator for abatement contracting risks, including lead and asbestos abatement. Centralization of this specialty line enhances consistency of products and service delivery as BISA will now perform much of the underwriting, rating, quotation, policy issuance, and general servicing of this business on behalf of Zurich U.S. BISA, headquartered in Bridgeview, IL, specializes in insurance and surety for the environmental industry.
In addition, the BISA program includes surety bonding as a component of its overall environmental package approach. The complete package can include general liability, environmental liability, professional liability, workers’ compensation, automobile, excess/umbrella, as well as surety bonds. Zurich U.S is one of the few insurers to combine all these products in its environmental program.
"We now have all relevant products available in one package -- one-stop shopping, if you will. That convenience and responsiveness, combined with BISA’s preeminence in the environmental insurance/surety marketplace, yields a comprehensive program providing unmatched service to our brokers and insureds," said Ron Keegan, Assistant Vice President, Zurich U.S. Environmental group. Zurich U.S. also offers customers outstanding financial stability at a time when several environmental specialty insurers are being reviewed or downgraded by the rating agencies. Zurich is rated A+ (Superior) by the A.M. Best Company.
Zurich U.S. is a leading commercial property and casualty insurance company serving the multinational, middle market and small business sectors in the U.S.
Zurich U.S. is a member of the Zurich Financial Services Group, a global leader in the financial industry.
Providing its customers with solutions in the area of financial protection and asset accumulation, the Zurich Financial Services Group concentrates its activities in four core businesses: non-life and life insurance, reinsurance and asset management. Headquartered in Zurich, Switzerland, the Group's worldwide presence builds on strong positions in its three home markets -- the United States, the United Kingdom and Switzerland. It has offices in more than 60 countries reaching over 33 million customers and employing 68,000 employees.
Media Contacts:
Patricia Schnably
Vice President, Zurich U.S. Communications
Zurich U.S.
(847) 605-6372 Schaumburg)
pat.schnably@zurich.us.com
Randy Ellis
Miller DeMartine Group
(212) 626-6694
rellis@mdgpr.com