Distinguished Programs and Zurich Insurance To Offer New York Brick & Brownstone Program - Insurance News | InsuranceNewsNet

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January 13, 2017 Newswires
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Distinguished Programs and Zurich Insurance To Offer New York Brick & Brownstone Program

Real Estate Weekly News

By a News Reporter-Staff News Editor at Real Estate Weekly News -- Leading national real estate insurance program manager Distinguished Programs is pleased to announce its new relationship with top-tier global insurance provider Zurich Insurance to underwrite its hallmark program, HYPERLINK "http://www.distinguished.com/Site/programs/real-estate/ny-brick-and-brownstone/" nNew York Brick & Brownstone. A program crafted with the nuances of a large metropolitan city in mind, NY Brick & Brownstone appeals to owner- or tenant-occupied properties primarily located in the neighborhoods of Brooklyn, the most populous NYC borough, as well as in Manhattan and Queens.

Developed in 2007, the program focuses on smaller New York habitational properties and offers ease and efficiency to help brokers manage business costs effectively. Previously available customizations to the NY Brick & Brownstone program have been overhauled to offer standardized coverage which should be attractive to building owners in NYC that have a diverse portfolio of properties with specific insurance requirements. NY Brick & Brownstone insures more than 11,000 neighborhood building owners, representing 40,000 apartments, condos, and co-ops overall.

"We're eager to tap into Zurich's long presence in the program sector, as well as their many resources and capabilities, including market insights, analytics, and overall strength," said Jeremy Hitzig, CEO of Distinguished Programs.

Distinguished Express President Helen English underscores Zurich's unique perspective in underwriting the program. "We are very excited about having the opportunity to work with Zurich to continue to provide the insurance and risk-management support to families and building owners in the communities that make up the vibrant and thriving neighborhoods of Brooklyn and the other boroughs."

"The relationship between both firms is symbiotic," said David Putz, Head of Direct Markets and Programs for Zurich North America stating, "We welcome our new relationship with Distinguished Programs, a program administrator that has demonstrated knowledge and experience; and a culture of execution and innovation in this specialized space. We look forward to bringing our knowledge and resources to the process as they continue to provide solutions for customers and brokers."

The HYPERLINK "http://www.distinguished.com/Site/programs/real-estate/ny-brick-and-brownstone/" nNY Brick & Brownstone Program is designed for small urban buildings whose owners care about their tenants and the safety of their buildings. NY Brick & Brownstone offers property and general liability coverages along with a host of additional coverage features.

Keywords for this news article include: Real Estate, Distinguished Programs.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

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