Zurich opens new offices established to serve growing needs of emerging markets
Schaumburg, Ill., July 2, 2008 – Zurich’s Emerging Markets Solutions group has opened additional offices in Asia, Continental Europe and the Americas to better serve the needs of brokers and customers involved in emerging markets. The opening of new offices in Beijing, Frankfurt, Miami and Zurich is driven by the company’s ongoing commitment to serve market needs and deliver emerging market solutions more effectively.
“The establishment of additional offices will enable our Emerging Markets Solutions group to better meet the needs of customers and prospects,” said Dan Riordan, president of Surety, Credit and Political Risk group, a strategic business unit of Zurich’s North America Commercial business division. “We are committed to responding quickly to brokers and customers. The additional offices position us to have a strong presence in our key markets.”
Seraina Maag, president North America Commercial Specialties, added, “The success of our Emerging Markets Solutions unit is based on a high level of service to brokers and insureds. By growing our footprint in these regions, we will increase our visibility and be more responsive to the needs of this growing 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, Beijing, Frankfurt, Hong Kong, London, Miami, Paris, Sydney, Tokyo and Zurich.
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, specialties and programs sectors.
Steve McKay, Zurich