Monday, December 22, 2008

Scottsdale Insurance, The Co-operators Team Up

Scottsdale Insurance Company (www.scottsdaleins.com), an excess and surplus lines insurer, recently launched a partnership with The Co-operators, a Canadian-owned, mutli-product insurer, to assist them in expanding their commercial lines portfolio and to give Scottsdale exposure to the Canadian market.

Scottsdale Insurance is providing The Co-operators with training and assistance in developing a number of classes of business, adapting them for the Canadian market and acting as reinsurer. The Co-operators will do all the underwriting and claim handling.

The deal was finalized in October and The Co-operators has already begun to write business under the agreement.

1 comment:

Anonymous said...

It is my belief that those companies making purchases today and remain "cash" strong and "debt" free are going to emerge from this current economic slump in great position.