American Zurich Insurance Company
American Zurich Insurance Company is a Swiss insurer that is often referred to as
zurich headquartered in Zürich, Switzerland. zurich Insurance group is
Switzerland's largest insurance firm. As of 2013, the group was the world's
seventy fifth largest public company per Forbes' world 2000s list and in 2011
it graded 94th in Interbrand's top100 brands.
American Zurich Insurance Company is a world insurer that is organized into 3 core
business segments: General Insurance, world Life and Farmers. zurich Insurance
group employs around sixty,000 individuals serving customers in more than a
hundred and seventy countries and territories section globe. the corporate is
listed on the SIX Swiss Exchange. As of 2012 its capital position was robust,
with shareholders equity of $34.494 billion.
Zurich Insurance group was founded in 1872 as a marine insurance underneath
the name "Versicherungs-Verein" (Insurance Association) a subsidiary
of the Switzerland Marine Company. In 2000, after variety of acquisitions, it
absolutely was unified to make one company – zurich financial Services.
Zurich money Services Ltd modified its name to zurich Insurance group Ltd
In April 2012. in an exceedingly statement the cluster explained the principle
behind the name modification. "In recognition of this strategic focus, the
regard to money services within the name has been replaced by indicating the
insurance activity of the group instead and to specify the aim
consequently."
CORE BUSINESS SEGMENTS
GENERAL INSURANCE
American Zurich Insurance Company's General Insurance business serves people, little
and medium-sized businesses and major transnational companies with motor, home,
and industrial merchandise and services.
GLOBAL LIFE
Zurich Insurance cluster 's world Life business offers insurance, savings,
investment and pension merchandise. within the u. s. insurance is issued by
zurich american insurance Company with offices in Schaumburg, Illinois and town
city.
FARMERS
Zurich Insurance cluster 's Farmers phase includes Farmers Management
Services that provides non-claims connected management services to the Farmers
Exchanges likewise because the Farmers RE business which has insurance assumed
from the Farmers Exchange by the cluster. urban center Insurance cluster ’s
Farmers Insurance cluster is that the third largest insurance group within the
u. s..
CORPORATE SOCIAL RESPONSIBILITY
American Zurich Insurance Company was awarded Charity Times "Best Insurance Services" In
2009 and was shortlisted once more in 2010. the zurich Community Trust (UK) won
the Cross Sector Partnership of the Year Award In 2012 for its partnership with
the treatment charity Addaction.
Zurich Community Trust , per its web site,has given over £60 million since
1972, with the goal of addressing key social problems. it's supported over 600
charities a year creating a measurable impact on the lives of over eighty,000
people. zurich Insurance cluster was one among the primary recipients of the
Community Mark from Business within the Community that it's with success
maintained for 3 years.
Zurich Insurance group Foundation's mission is to assist people and
communities perceive and manage risk, leverage Zurich's core strengths as
associate degree insurance firm at a bunch level. zurich Insurance group is
achieving this aim by operating with long partnership with choose non-profit
organizations like practical Action, the timberland Alliance and therefore the
International Federation of nongovernmental organization and Red Crescent
Societies.
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