Zurich introduces The Zurich Edge™ for highly protected risks and global property markets
New York, N.Y., April 22, 2008 – Zurich, one of the world’s largest property-casualty insurance companies, today announced the introduction of The Zurich Edge,™ a property policy for global property and highly protected risks (HPR) markets.
“We listened to our customers and developed a policy that meets their needs,” said Mario Vitale, CEO of Zurich’s Global Corporate in North America (GCiNA) business unit. “This new policy gives them higher limits, broader coverage and greater flexibility. The Zurich Edge dramatically enhances our ability to serve customers in this important line of business and offers significant advantages for global property programs and global property fronting arrangements.
“In addition to being globally compliant, the policy also has the advantage of being offered by Zurich, which is often recognized for offering one of the broadest and most diverse portfolios of products and services in the world,” Vitale said. “The Zurich Edge policy is clearly written with all limits, sub-limits and other critical coverage issues incorporated within the policy declarations and is supported by Zurich’s global network of risk engineering and claims professionals.”
About Zurich Financial Services
Zurich Financial Services Group (Zurich) is 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, small business, specialties and programs sectors.
About Zurich’s Global Corporate business division
Zurich’s Global Corporate (GC) business division offers risk management services to corporations at a national and international level, including risk transfer and risk finance solutions. With a global network of professionals in over 140 countries, GC provides companies with total risk management strategies and standards that ensure all our customers have access to the same high-quality service. GC insures many of Fortune’s Global 100 companies and is the largest corporate business insurer in Europe and the number two corporate insurer in the U.S.
Steve McKay, Zurich
Susan Levine, Zurich