Swiss Re's Commercial Insurance and BISYS Specialty Programs Offering World-Class Insurance Protection
Posted on Tue, May. 06, 2008
By Swiss Reinsurance Company Ltd
OVERLAND PARK, Kan. and MELBOURNE, Fla., May 6 --
Swiss Re's
Commercial Insurance and BISYS Specialty Programs (a division of Crump
Insurance Services, Inc.), today announced the launch of an insurance program
for auto dealers. Backed by the world-class financial strength of Swiss Re and
the industry expertise of BISYS, this program offers high quality coverage and
security for auto dealers who meet underwriting guidelines.
Swiss Re and BISYS recently reached the one year anniversary of their
joint offering of insurance coverage for tow truck operators. The new auto
dealer offering builds on the success of that partnership.
"Swiss Re has insured auto dealers for years and BISYS was a natural
choice for re-launching our dealer facility," said Brian Evans, Programs
business leader of Swiss Re's Commercial Insurance. "Auto dealers will benefit
from policies underwritten by Swiss Re companies and backed by Swiss Re's
financial strength.
"We are pleased to have the opportunity to offer another new program
through our partner, Swiss Re," said Mike Oliver, senior vice president of
BISYS Specialty Programs. "The auto dealers Program allows us to enter a new
business segment and broaden our range of coverage solutions for our retail
agents."
The program provides specialty underwriting for a full complement of
insurance coverage for auto dealers. It entertains risks for franchised or
non-franchised retail auto dealers, auto auctions, wholesale dealers,
including those with service garages and body shops. Coverage includes
commercial auto liability, physical damage, garage liability, garage keepers,
dealers open lot, inland marine, crime and property.
An added benefit of this new program is a paperless submission process
that allows agents to utilize electronic, fillable applications. All
submission requirements and applications are available online at
www.BISYSPC.com.
Notes to editors
Swiss Reinsurance Company Ltd
Swiss Re is a leading and highly diversified global reinsurer. The company
operates through offices in more than 25 countries. Founded in Zurich,
Switzerland, in 1863, Swiss Re offers financial services products that enable
risk-taking essential to enterprise and progress. The company's traditional
reinsurance products and related services for property and casualty, as well
as the life and health business are complemented by insurance-based corporate
finance solutions and supplementary services for comprehensive risk
management. Swiss Re is rated "AA-" by Standard & Poor's, "Aa2" by Moody's and
"A+" by A.M. Best.
Swiss Re's Commercial Insurance protects insureds with specialized needs
in niche markets in the U.S. and Canada. Products include property and
casualty insurance, professional liability insurance, excess medical expense
and risk management services. Swiss Re's Commercial Insurance has served the
primary insurance community since 1908 and is committed to providing service,
creative solutions and security for its clients.
About Crump Insurance Services and BISYS Specialty Programs
Crump Insurance Services, Inc. is made up of legacy Crump wholesale
brokerage locations across the U.S. and in Bermuda, and the recently acquired
BISYS Commercial Insurance Services operations, Tri-City Brokerage and BISYS
Specialty Programs. Crump Insurance Services is a market leading independent
wholesale distributor of commercial property and casualty (P&C) insurance,
linking an extensive network of retail brokers and agents to products provided
by over 150 leading P&C insurance carriers. Crump offers specialty
underwriting capabilities and supports the wholesale placement of a wide range
of specialized commercial insurance solutions, including customized coverage
for complex P&C risks, commercial and habitational real estate risks, products
liability, high-limit property, catastrophe, and professional and medical
liability. Crump serves as a single connection point for its retail brokers to
access domestic and international insurance companies. Crump offers customized
insurance products as well as sophisticated system capabilities. Acting as a
program administrator for numerous P&C carriers, BISYS Specialty Programs
develops and provides specialty underwriting for commercial insurance programs
- including transportation related risks, workers' compensation solutions,
professional liability, and more -- matching insurance needs and market
opportunities with the appropriate coverage. Additional information is
available at www.CRUMPins.com and www.BISYSPC.com.
SOURCE Swiss Reinsurance Company Ltd
Media Relations, Zurich, +41-43-285-7171; Corporate Communications, New York, +1-212-317-5663; Corporate Communications, London, +44-20-7933-3445; Corporate Communications, Asia, +852-2582-3660,
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