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Zurich American Insurance Company · Schaumburg, IL United States

Company Description

1400 American Ln.
Schaumburg, IL
60196
United States (Map)
Phone: 847-605-6000
Fax: 847-605-6403
Toll Free: 800-382-2150
    From the Zuider Zee to the shores of the Great Lakes comes Zurich American Insurance Company, a subsidiary of Swiss insurance giant Zurich Financial Services. The company, which represents its parent's North America Commercial unit, is a leading provider of commercial property/casualty insurance in the US and Canada. It offers a range of insurance coverage for businesses of all sizes, ranging from midsized businesses to global conglomerates. Zurich American Insurance's products include general liability, commercial auto, umbrella coverage, workers' compensation, and inland marine policies. The business also provides risk consulting and claims management services. To read the full description, subscribe now.
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    Key Zurich American Insurance Company Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$5,316.3
    Employees25

    Zurich American Insurance Company Executives

    51 executives listed for Zurich American Insurance Company's Schaumburg, IL location.
    TitleName & BioContact
    CEO Global Corporate North America, Zurich Financial ServicesMichael KernerNetwork
    COO; Head, Field Operations, Marketing, and Regional Management, North America CommercialRobert RheelNetwork
    CFOVibhu SharmaNetwork

    Competition

    Competitive Landscape for Zurich American Insurance Company
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top Zurich American Insurance Company Competitors
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