Zurich Insurance Company

Best upgrades Hiscox issuer credit rating

A.M. Best Europe-Rating Services Ltd. has upgraded its issuer credit rating to a+ from a for several units of Hiscox. Citing the financial strength of the parent company, the insurance ratings firm upgraded the ratings of Bermuda-based Hiscox Insurance Co. (Bermuda) Ltd., U.K.-based Hiscox Insurance Co. Ltd. and Guernsey-based Hiscox Insurance Co. (Guernsey) Ltd. Moreover, AMBest credited Hiscox’s consolidated risk-adjusted… Read More »Best upgrades Hiscox issuer credit rating

Zurich Insurance launches apps for risk managers

Zurich Insurance Co. Ltd. has launched two apps for risk managers, the insurer announced Wednesday at Risk & Insurance Management Society Inc.’s Annual Conference and Exhibition in Philadelphia. The Zurich Risk Room app is a limited version of the larger risk modeling software Zurich offers clients. The app shows scenarios for natural catastrophe and disaster management, supply chain disruption, regulatory… Read More »Zurich Insurance launches apps for risk managers

CA Work Comp Carriers Change Rates

Several California admitted insurance companies are going to file new rates with the California Department of Insurance for workers’ compensation policies effective in July 2020. To see a comparison of averages rates and to learn more about how these changes affect premium, go to www.paperless-insurance.com and click on “Get a Quote Now”. As you are shopping for the renewal, it… Read More »CA Work Comp Carriers Change Rates

California Workers Comp Agreements Review

California’s Department of Insurance is seeking to force units of Zurich Financial Services Ltd. to cease issuing workers compensation “large-deductible agreements” that have not been properly reviewed. The California Insurance Code requires insurers to submit workers comp policy forms and endorsements to the Department of Insurance and to the Workers’ Compensation Insurance Rating Bureau of California for legal review before… Read More »California Workers Comp Agreements Review

Cheesy for some Papa John’s

Fireman’s Fund has opened the door to a new eligible risk and franchise for Paperless Insurance! The franchise’s ‘Better Ingredients,  Better Pizza” has made them infamous but their esteemed reputation and recognized leadership practices has made them our goal! Papa John’s Pizza now eligible in Paperless Insurance’s national Pizza Operators Insurance Program. Our program is written on a Business Owners Policy (BOP), which includes Business Personal Property with Tenants Improvements and Betterments, Business… Read More »Cheesy for some Papa John’s

Eleven Cybersecurity Tips for Small Businesses

Broadband and information technology are powerful factors in small businesses reaching new markets and increasing productivity and efficiency. However, businesses need cybersecurity tools and tactics to protect themselves, their customers, and their data from growing cyber threats. Here are ten key cybersecuritytips for businesses to protect themselves: 1. Train employees in security principles Establish basic security practices to protect sensitive business… Read More »Eleven Cybersecurity Tips for Small Businesses

New: Zurich Fleet Intelligence

Global driver risk management company has partnered with Zurich on its new, integrated fleet risk management system called Zurich Fleet Intelligence (ZFI), offering its telematics services to Zurich’s insurance customers seeking ways to minimize their fleet’s operating costs and reduce crashes, all while keeping their vehicles up-and-running and drivers safe. ZFI works by combining the data from telematics services or… Read More »New: Zurich Fleet Intelligence

Focusing on Risk Uncertainty

1. Uncertainty can be assessed and measured. 2. Emerging risks radars must be built and systems for continuous scanning established. 3. Even under uncertainty, prudent forecasting is possible and necessary. 4. Contingency planning is indispensable. 5. Establishing resilience buffers will dilute adverse impact. A new report from Zurich Financial Services notes that in contrast to the “bulk of risks faced… Read More »Focusing on Risk Uncertainty

Hard Market – First Signs of New 2011

Several years ago we have attended Zurich insurance company conference for insurance professionals. Everything was there: interesting people, interesting meetings, interesting facts. For example, Zurich was one of the pioneers in insurance technology, introducing first online rating system for agents, in the U.S. Today Zurich Insurance Company is one of the major players on the world insurance arena. At that… Read More »Hard Market – First Signs of New 2011