Zurich Teams up with Program Administrator REX to Offer Workers’ Compensation Coverage to Wider Range of Businesses

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Zurich, a leading property and casualty insurance provider globally and in North America, announced today that it will join forces with Risk Exchange Insurance Services Inc. (REX), a program administrator which specializes in accessing underserved segments of the workers’ compensation market, to cover a wider range of businesses.

“Through our new program offering with REX, businesses and underserved segments of the workers’ compensation market can have the customer-focused service associated with Zurich’s brand, globally,” said Craig Fundum, president of Programs & Direct Markets for Zurich North America Commercial.

Zurich, recently named “best overall property insurer and workers' comp insurer” by Business Insurance, selected REX in part for its growing distribution channel, full-service infrastructure, and efficient, paperless Web-based systems.

“Zurich has a well-established, solid reputation for underwriting workers’ compensation risks," said Rosemarie Rogers, senior vice president for Zurich's Programs segment. "REX has access to a growing independent agency force. Having the ability to tap into different types of markets is one of the many reasons Zurich is excited to be backing this new program."

For more information about REX, go to http://www.riskexchange.com. To learn about Zurich’s programs business, go to http://www.zurichna.com/zna/products/product/programs_products/programs.htm.

This is intended as a general description of certain types of insurance and services available to qualified customers through the companies of Zurich in North America. Your policy is the contract that specifically and fully describes your coverage. The description of the policy provisions gives a broad overview of coverages and does not revise or amend the policy. Insurance coverages are underwritten by individual member companies of Zurich in North America, including Zurich American Insurance Company. Certain coverages are not available in all states. Some coverages may be written on a nonadmitted basis through licensed surplus lines brokers.

About Zurich

Zurich's North America Commercial and Global Corporate in North America business divisions are part of Zurich Financial Services Group (Zurich), 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.

Media contact:
Brett Wood
Zurich
(847) 605-8826
[email protected]

Source: Zurich