Zurich Insurance Company Ltd. Insurance Company Overview
If you are looking to get an insurance company that has been around for a long time, you might be interested in going with Zurich Insurance Company Ltd. The company was founded back in 1872 and is actually the largest insurance company in Switzerland. The company is most definitely an insurance company that does business worldwide. The company has over 54,000 employees and they are known to be the 91st largest public company in the world according to Forbes. If you are looking to get a large insurance company that has a big financial backing, you may definitely want to consider Zurich. As even though the company posted a total loss of $-272,403,000 in Canada in 2015, this is only a tiny portion of the company’s business and they are more than capable of being able to take on a loss this large.
Products Offered by Zurich Insurance
One thing that might help you to be able to decide if you want to get insurance through this company is looking at the products that they have to offer. The company sells insurance all over the world, which has caused them to make a ton of changes to their policies in order to suit the desires of their clients and keep them satisfied. A company does not become one of the top 100 largest companies in the world as a result of poor product offers. Zurich Insurance has plenty of things to offer. Here is a list of their current insurance products:
- Builders/ construction
- Casualty insurance
- Commercial auto insurance and auto fleets
- Commercial property
- Trade credit
- Political risk insurance
- Environmental damages
- International business
- privacy insurance
- Supply chain insurance
- Drone and aviation insurance
- Automobile Insurance
Zurich Insurance Company Car Insurance Review
If you are looking to get insurance with a new company, you might be interested to find out how much money they are making. People don’t get insurance with companies as a result of them having expensive insurance plans and policies that they don’t want. Looking at total business is a great way to grasp how an insurance company looks in the eyes of the public. Zurich does extremely well in this area of things. The company had a total written auto premium of $160,838,000. This means that the company collected over 160 million from clients before having to pay out any claims. Definitely a large number, especially considering that this is a company that does business globally. This is a company that you should be able to feel pretty confident getting insurance through as they will most definitely have to burn through a whole lot of money if they were ever to get into financial trouble.
Zurich Insurance Company Car Insurance Products:
Certified Repair Specialists:
One problem you might find with some insurance companies when you get into an accident is that they don’t know where to send you in order to get repairs done on your vehicle. This company has its own lineup of recommended repair shops that they send their clients to after they get into an accident. This can save you a whole lot of running around and it can also save you a potentially bad repair job, which could cost you, even more, money over the long term.
If you are looking to find out about quotes or insurance products, they have a support team that is available to contact on a 24/7 basis. This should give you some peace of mind as this just means that the company will be able to settle things for you faster. With Zurich, you can expect to receive quality service in a timely manner at a time that is convenient for you. Support will be there for you in both the good times and in the bad times, which is always nice to know.
Although there are certainly some successful insurance companies that are located online, it is always nice to have someone to talk to. A face-to-face conversation is a good way to have peace of mind and be able to better solve any problems that arise. It is for this reason that Zurich has a location finder on their website in order to allow you to be able to get in touch with your nearest Zurich Insurance provider. With so many offices worldwide it is highly likely you have one near your location that you can go to in order to learn person to person what the company might have to offer you.
One of the best reasons for potentially going with Zurich Insurance Company is due to the many different coverage options they have for personal insurance. You can choose the amount of liability that you want on your vehicle as well as the amount of collision damage that you want to be covered in the event an accident occurs. The company has a huge range of comprehensive insurance plans for both new and used vehicles so that you can be sure you are getting coverage that suits your wants/ needs. It never hurts to have more coverage than you think you need, you never know what could happen when you are out on the road.
Zurich Insurance Total Sales/ ranking by province:
In order to be able to decide if Zurich is a good enough insurance company for you, you may be interested to learn both where they are located and how much business they do. There are many insurance companies that only provide insurance in a few of Canada’s provinces, but Zurich is not one of these companies. To help you be better informed about the company, we thought we would round up their insurance premiums for 2015 and how the company ranked within the top 30 insurance companies in each of Canada’s provinces. Here are the things that we found out:
|Province:||Direct Written Premiums 2015||Ranking on Top 30|
|Prince Edward Island||185,000||18|