The best time to deal with a disaster is long before it strikes, insurance companies have found. To that end, more carriers are proactively taking on repairs and drafting action plans for their wealthy clients. High-end insurers like Chubb, Pure, AIG Private Client Group and Cincinnati Insurance increasingly use risk-management specialists to evaluate clients’ properties… Continue reading High-End Home Insurers Take on Home Repairs
Tag: PURE
PURE Programs Announces California High Wildfire Risk Insurance Program
PURE Programs, a managing general underwriter unit of the PURE Group, is introducing a new program for retail insurance brokers to provide to clients that own high value homes in California that are at greater risk of loss due to wildfires. The new high wildfire risk homeowners’ insurance program will cover high value homes directly… Continue reading PURE Programs Announces California High Wildfire Risk Insurance Program
Tokio Marine to Buy U.S. Insurer Pure Group for $3.1 Billion
Tokio Marine Holdings Inc will buy insurer Pure Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade. Japanese financial firms have been forced to look abroad for growth amid an ageing, shrinking population at home. Tokio Marine, the world’s fourth-largest… Continue reading Tokio Marine to Buy U.S. Insurer Pure Group for $3.1 Billion
PURE Allocates $21.5 Million to Its Membership
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for financially successful individuals and families, announced today that $21.5 million of policyholder surplus has been allocated back to the PURE membership for the 2018 year in the form of Subscriber Savings Accounts (SSAs). This brings the cumulative SSA allocation to $81 million… Continue reading PURE Allocates $21.5 Million to Its Membership
PURE Named a “Top Company to Work for in Arizona”
The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has been named one of the 2019 AZcentral.com Top Companies to Work for in Arizona. The recognition highlights the best companies across the state as voted by their… Continue reading PURE Named a “Top Company to Work for in Arizona”
PURE Programs Expands Excess & Surplus Lines’ High Value Homeowners Insurance Into The Gulf Coast and Georgia
PURE Programs announced today expansion into Texas, Louisiana, Mississippi, Alabama, and Georgia, giving owners of high value, higher-risk homes in these states access to an exceptional insurance experience and broader coverage than is typically found in the Excess & Surplus (E&S) market. PURE Programs offers best-in-class claims handling and proactive risk management, along with broader… Continue reading PURE Programs Expands Excess & Surplus Lines’ High Value Homeowners Insurance Into The Gulf Coast and Georgia