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:

  1. 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.

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