ZURICH JOINS THE U.S.-UKRAINE BUSINESS COUNCIL (USUBC)
One of the world's largest providers of political risk and trade credit insurance, USUBC member 101
U.S.-Ukraine Business Council (USUBC), Washington, D.C., Monday, February 2, 2009
WASHINGTON, D.C. - Zurich Surety, Credit & Political Risk, a member of the Zurich Financial Services group, has been approved as the 101st member of the U.S.-Ukraine Business Council (USUBC), the USUBC Executive Committee announced today, on behalf of the entire USUBC membership. Zurich Surety, Credit & Political Risk is the first new member in 2009 and USUBC member 101.
Zurich is an insurance-based financial services provider. Founded in 1872, Zurich has a global network of subsidiaries and offices in North America,
Europe, Asia Pacific, Latin America and other markets. Their over 60,000 employees serve customers in more than 170 countries. Zurich is headquartered in Zurich, Switzerland.
SURETY, CREDIT & POLITICAL RISK GROUP
Zurich North America’s Surety, Credit & Political Risk group, headquartered in Washington, DC, is a leading provider of contract and commercial surety,
trade credit and political risk insurance products worldwide.
Surety, Credit & Political Risk serves customers through underwriting offices located in 35 cities throughout North America, as well as Barcelona, Beijing, Frankfurt, Hong Kong, London, Paris, Singapore, Sao Paulo, Sydney, Tokyo and Zurich.
They provide surety bonds, political risk and trade credit insurance for financial institutions, multinational corporations, investors, exporters, contractors and infrastructure developers in North America and emerging markets.
WASHINGTON, D.C. MAIN OFFICE FOR UKRAINE POLITICAL RISK INSURANCE
The Zurich Surety, Credit & Political Risk office in Washington, D.C. is the main office that works on political risk insurance for Ukraine and has been quite active in the Ukrainian market for some time with a large number of clients.
USUBC has been working closely with Todd J. Lynady, Manager of Business Development, and with Mathew Albrecht, Underwriter, Credit and Political Risk in the Zurich Surety, Credit & Political Risk Washington, D.C. office. Todd and Mathew have participated in USUBC meetings in Washington the past few months. Todd J. Lynady will represent Zurich Surety, Credit & Political Risk on the USUBC board of directors.
ZURICH'S GENERAL INSURANCE: GLOBAL LIFE AND FARMERS
Zurich's General Insurance segment serves individuals, small and medium-sized businesses, commercial enterprises and major multinational corporations.
Global Life offers a broad range of life insurance, investments, savings and pension propositions to individuals and groups. Global Life is managed globally and focused on local customer and distributor needs. Farmers, the third-largest personal property and casualty insurer in the United States, is Zurich's main market brand for personal insurance in that market.
Move information about Zurich Financial Services Group can been found at http://www.zurich.com/main/home/welcome.htm.
"USUBC is very pleased to have Zurich Surety, Credit & Political Risk as a new member" said Morgan Williams, SigmaBleyzer Emerging Markets Private Equity Group, who serves as president of USUBC. "USUBC has grown very rapidly during the past 24 months and now has a membership base which allows USUBC to provide its members such as Zurich with a full-time operation and a significantly expanded program of work," according to president Williams.


























