Zurich’s Trade Credit and Political Risk group named “Best Private Insurer in Trade,” Best Trade Insurer in North America,” “Best Trade Insurer in Asia Pacific” and “Best Trade Insurer in Latin America” by Trade Finance magazine Donnerstag, 06. Juni 2013 - 06:13
Zurich’s Trade Credit and Political Risk group named “Best Private Insurer in Trade,” Best Trade Insurer in North America,” “Best Trade Insurer in Asia Pacific” and “Best Trade Insurer in Latin America” by Trade Finance magazine
Schaumburg, Ill., June 5, 2013 – Zurich, a leading property and casualty insurance provider globally and in North America, today announced Trade Finance magazine, a Euromoney publication
http://www.tradefinancemagazine.com/
, has named Zurich Credit & Political Risk “Best Private Insurer,” “Best Trade Insurer in North America,” “Best Trade Insurer in Asia Pacific” and “Best Trade Insurer in Latin America.”
2013 marks the 12th consecutive year that Zurich has been named “Best Private Insurer,” the fourth consecutive year it has been named “Best Trade Insurer in Asia Pacific” the third consecutive year Zurich has been named “Best Trade Insurer in North America,” and the first year Zurich has been named “Best Trade Insurer in Latin America.”
“The Awards for Excellence, now in its 16th year, is the longest running, most highly regarded, and most comprehensive poll of the global trade finance market,” said Oliver O’Connell, the New York-based editor of Trade Finance magazine. “For more than a decade, Zurich has been recognized as a leader in trade credit and political risk insurance. Its track record of recognition as one of the best companies to do business with supports its prominence in the marketplace.”
O’Connell said that the format for the 2013 Awards for Excellence was revised and moved from a direct poll system to a dual process of nomination and market assessment.
“We believe the revised format makes the system better for all involved and ensures the results are reflective of the actual market,” he said.
“Zurich is continually reaching out to our customer base to assess how best we can serve their needs,” said Anne Marie Thurber, managing director of Zurich’s Credit & Political Risk business. “We appreciate the recognition we have received from the marketplace and will continue to strive to provide leadership in the field.”
“We are pleased to be recognized for the first time in Latin America, where we have developed some unique capabilities to deliver coverage to our customers throughout the region,” said James Thomas, head of Zurich’s Americas Credit & Political Risk team.
“We really appreciate the continued support from our customers based in Asia,” said Richard Abizaid, head of Zurich’s Asia-Pacific Credit & Political Risk team. “This award verifies that we are meeting the particular needs of the Asia-Pac market through our offices in Singapore, Hong Kong, Beijing, Tokyo, and Sydney.”
Based in Washington, D.C., Zurich Trade Credit & Political Risk is one of the leading providers of trade credit and political risk insurance products internationally developing coverages for customers lending, investing and trading in more than 150 countries around the world. Zurich Trade Credit & Political Risk has 13 underwriting offices throughout North America, Europe, and Asia-Pacific.
Zurich provides political risk and trade credit insurance for financial institutions, multinational corporations, government and multilateral institutions, investors, exporters, contractors and infrastructure developers exposed to the risks of today’s global economy.
Zurich is a member of the Berne Union, an international union of credit and investment insurers, as well as the International Credit Insurance & Surety Association, an association of trade credit insurers and surety bond providers.
About Zurich Zurich Insurance Group (Zurich) is a leading multi-line insurance provider with a global network of subsidiaries and offices in Europe, North America, Latin America, Asia-Pacific and the Middle East as well as other markets. It offers a wide range of general insurance and life insurance products and services for individuals, small businesses, mid-sized and large companies as well as multinational corporations. Zurich employs about 60,000 people serving customers in more than 170 countries. The Group, formerly known as Zurich Financial Services Group, is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt program (ZURVY) which is traded over-the-counter on OTCQX. Further information about Zurich is available at
.