Tonya Crawford, Regional Vice President, Employer Stop Loss, has been recognized by Captive International as a Highly Commended Reinsurance Professional.
Read moreGene Therapy Update: Beti-cel
This week a decision should be made by the FDA on a new gene therapy, betibeglogene autotemcel (beti-cel). Beti-cel is a one-time autologous product designed to treat transfusion-dependent beta thalassemia.
Read moreMary Sullivan Joins Summit Re's Sales Team
Summit Reinsurance Services, Inc. has named Mary Sullivan to the position of vice president, sales.
Read moreSummit Re Makes Key Addition to Sales Team
Summit Reinsurance Services, Inc. has named Scott Machut, CPA, FLMI to the position of vice president of reinsurance and provider excess sales.
Read moreKathy Clark to Lead Summit ReSources
Summit Reinsurance Services, Inc. has elevated Kathy Clark, RN, BSN, CMCN, to assistant vice president and director of managed care effective May 31, 2021. With this promotion, Clark assumes responsibility for Summit ReSources, Summit Re’s medical management program, and its staff.
Read moreSummit Re Announces Collaboration with Deerwalk, Inc.
Summit Reinsurance Services, Inc. today announced a strategic collaboration with Deerwalk, Inc., an innovative population health management, data management, and healthcare analytics software company. Through this collaboration, Summit Re clients will have access to the most complete population health management suite in the industry. Efficient and accurate data collection, intake, enrichment, and reporting, will allow participating clients to obtain a full picture of their risk portfolio in order to make more effective management decisions.
Read moreSummit Moves Forward with Zurich Strategic Alliance
This special edition of Summit Perspectives provides an in-depth explanation of the new Summit Re partnership with Zurich American Insurance Company for catastrophic medical excess of loss business across all product lines.
Read moreAbout Zurich
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With more than 55,000 employees, it provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. The 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 (ZURVY) 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 through the individual member companies of Zurich in North America, including Zurich American Insurance Company. Life insurance and disability coverage issued in the United States in all states except New York is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company. In New York, life insurance and disability coverage is issued by Zurich American Life Insurance Company of New York, a New York domestic life insurance company. For more information about the products and services it offers and people Zurich employs around the world go to www.zurichna.com. 2012 marked Zurich's 100 year anniversary of insuring America and the success of its customers, shareholders and employees.
Zurich Financial Strength
Financial strength ratings (as of September 30, 2014): A.M. Best > A+/Stable
Standard & Poor's > AA-/Stable
Recognition and awards:
Zurich named “Best Insurance Company” (Captive LIVE USA Conference, October 2014)
2014 Innovation Award: “What if?” Zurich Risk Grading™ Application (Business Insurance, March 2014)
Zurich winner of the AGC Community Award (Associated General Contractors of America, Annual Conference, March 2014)
2014 Innovation Showcase: “Zurich Risk Room” and “My Zurich Portal” (Best’s Review magazine, January 2014)
Zurich “Best Political Risk Insurer,” “Best Global Supply Chain/Trade Disruption Insurer,” “Best Property Insurer,” “Best D&O Insurer,” “Best Employment Practices Liability Insurer,” “Best Crime/Fidelity Insurer” and “Best General Liability Insurer” (Global Finance Magazine, October 2013)
Zurich’s Trade Credit and Political Risk group named “Best Private Insurer in Trade,” “Best Trade Insurer in North America,” “Best Trade Insurer in Asia Pacific” and “Best Trade Insurer in Latin America” (Trade Finance, June 2013)
2013 Innovation Award: Zurich Risk Room Mobile Application (Business Insurance, March 2013)
2013 “Innovation in Fronting” Award: UK Captive Services Awards (Captive Review, February 2013)
Zurich named “Best Fronter of the Year” (Captive LIVE USA Conference, September 2012)
Zurich’s Trade Credit and Political Risk group named “Best Private Insurer,” “Best Trade Insurer in Asia Pacific” and “Best Trade Insurer in North America” (Trade Finance, August 2012)
Zurich named “2011 Insurer of the Year” (Daimler Financial Services AG, August 2012)
Innovation Award for Zurich Multinational Insurance Application (Zurich MIA) (Business Insurance, March 2012)
ERC / Westport Merger
Swiss Re has received regulatory approval to merge Westport Insurance Corporation into Employers Reinsurance Corporation. The merger is an example of Swiss Re’s focus on smart capital management, delivering greater efficiency and reducing operating costs. Reinsurance agreements issued after January 1, 2008 will bear the Westport name. There will be no changes in coverage as a result of the merger. If you have any questions, please contact Summit Re at 260-469-3000.