Zurich in North America enhances service, streamlines administration for small- to mid-size Accident & Health customers
Schaumburg, Ill., April 09, 2009 – Zurich North America Commercial announced today its Zurich Integrated Products (ZIP) unit is now accepting submissions nationwide for accident & health (A&H) business. Zurich Integrated Products services commercial customers in between the small-to-middle market segments.
Zurich has a 15-year history of providing accident & health benefits. The introduction of ZIP’s capabilities in this segment enhances Zurich’s total offering, streamlining administration and enhancing service in this particular market segment, so that a full array of A&H products and services are now available to companies in middle markets, as well as in between the small-to-middle market segments.
ZIP’s A&H products are available for any industry with revenues up to $25 million, or roughly 300 employees or less, and feature:
• Business Travel Accident: Employer-paid coverage provides 24-hour accidental death and dismemberment insurance for employees traveling on business.
• Basic 24-hour AD&D: Employer-paid coverage for accidents employees suffer on and off the job, 24-hours-a-day, anywhere in the world.
• Voluntary 24-hour AD&D: Employee-paid coverage for accidents employees suffer on and off the job, 24-hours-a-day, anywhere in the world. Premiums are paid through payroll deductions based on employee enrollment.
Zurich Integrated Products’ Accident & Health division has streamlined the underwriting process from application to policy issuance and is able to deliver quotes and policies within 24 hours on forms containing over 40 available enhancements. All AD&D policies include Zurich Travel Assist®, which provides employees with access to medical, legal, informational or personal assistance when traveling on business.
“Zurich’s Accident & Health products can protect employees who travel on business or provide a small business with a highly affordable benefit enhancement to attract and retain employees,” said Warren Berey, head of ZIP Accident & Health. “Purchased standalone or bundled, our products offer meaningful coverage both employees and employers appreciate.”
“Zurich has a strong, 15-year history of providing innovative and flexible accident & health programs to address a broad range of accidental death and dismemberment risks facing employers and their employees,” said Vincent C. Tizzio, president of Zurich Integrated Products. “We look forward to contributing to Zurich's legacy by making these products available to commercial customers in between the small-to-middle markets.”
Zurich launched the Zurich Integrated Products unit in fall 2008 to fill commercial insurance needs for businesses generating between $5 million and $25 million in annual revenues. ZIP utilizes technology and streamlined processing to make it easy for producers to facilitate a high volume of transactions with minimal time and expense.
For more information, visit ZIP’s Web site at http://zip.zurichna.com. ZIP A&H submissions may be e-mailed to usz_ah@zurichna.com.
About Zurich
Zurich’s North America Commercial and Global Corporate in North America business divisions are part of Zurich Financial Services Group (Zurich), an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors.
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Media contact:
Steve McKay
Zurich
(847) 706-2265
steven.mckay@zurichna.com