NU Online News Service, July 7, 3:10 p.m. EDT
Zurich North America Commercial said it has raised the available capacity for its specialty errors and omissions business from $10 million to $25 million and removed revenue restrictions for primary business.
In addition, the Schaumburg, Ill.-based company, and subsidiary of Zurich Financial Services Group, said it is broadening its targeted markets to focus on non-licensed professionals in order to offer its products to a wider range of companies, from smaller organizations up to the largest commercial enterprises.
Dan Riordan, president of Zurich's Specialty Products business unit, said in a statement that the move is a demonstration of the company's long-term commitment to the market.
