Zurich voted "Best Private Insurer" by readers of Trade Finance magazine
Seventh consecutive win in Trade Finance magazine’s annual Awards for ExcellenceMedia contact:
Schaumburg, Ill., June 19, 2008 – Zurich’s Emerging Markets Solutions group has been voted “Best Private Insurer” for 2008 by the readers of Trade Finance magazine. This is the seventh consecutive win for this leading underwriter of political risk and trade credit insurance. The unit, based in Washington, D.C., develops coverages for customers investing and trading in more than 140 emerging markets around the world. Each year, Trade Finance (a Euromoney publication) conducts a readers’ poll that recognizes leading providers and arrangers of trade finance products and services.
“Zurich’s performance in our poll demonstrates the high regard in which this organization is held,” said Jonathan Bell, editor of Trade Finance. “This award recognizes the positive impact Zurich’s political risk and trade credit insurance products are having on the market.”
In acknowledging the award, Daniel Riordan, president of Zurich’s Surety, Credit and Political Risk group, said, “It is very gratifying to be recognized for the seventh consecutive year by the readers of Trade Finance magazine. I think it speaks to the professionalism and dedication of Zurich’s emerging markets staff. In large part, our success is based on responding quickly and knowledgeably. Our underwriters understand the complexities and unique needs of this market.”
Zurich underwrites political risk and trade credit insurance in emerging markets for financial institutions, multinational corporations, investors, exporters and infrastructure developers from offices in Washington D.C., Barcelona, Frankfurt, London, Paris, Zurich, Beijing, Hong Kong, Tokyo and Sydney.
Zurich is a member of the Berne Union, an international union of credit and investment insurers.
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.