Alteris Partners with Zenith & The California Association of Mutual Water Companies Joint Powers Risk & Insurance Management ...
May 11 2016 - 10:00AM
Business Wire
Alteris Insurance Services, Inc. (Alteris), in partnership with
the California Association of Mutual Water Companies (CalMutuals),
announced today that Zenith Insurance Company (Zenith) will serve
as the workers’ compensation reinsurer and service provider for the
recently formed CalMutuals JPRIMA, which works with nonprofit water
systems and other water-related entities in California.
“CalMutuals JPRIMA and Alteris have partnered with Zenith
because of its reputation as an industry leader with superior
workers’ compensation customer service, underwriting and claim
expertise,” said Alteris Insurance Services President, Paul Fuller.
“These attributes have created one of the largest, oldest and most
stable workers’ compensation carriers in California.”
CalMutuals JPRIMA was established to serve the insurance needs
of non-profit water systems and other water-related entities in
response to the California’s legislature passage of AB 656 in
September 2015. The Association provides its members with access to
customized insurance solutions as well as proprietary technical
support, regulatory compliance and advisory services.
“Zenith is excited to be partnering with CalMutuals JPRIMA and
Alteris to deliver an innovative workers’ compensation solution
providing access to our proven expertise,” said Zenith’s President
and CEO, Kari Van Gundy.
Workers’ compensation coverage will be distributed through both
Alteris’ and Zenith’s networks of insurance agents and brokers.
Alteris will serve as the Insurance Administrator in order to
facilitate the delivery of the workers’ compensation product to
JPRIMA non-profit water systems and water-related entities located
in California.
Key workers’ compensation class codes covered under CalMutuals
JPRIMA will include Waterworks, Irrigation Drainage or Reclamation
and Sanitary Operations. Secondary Class Codes include Sewer
Construction, Water Mains or Connection Construction, Excavation,
Irrigation Pipe Installation and Concrete Construction.
Zenith is an indirect, wholly-owned subsidiary of Fairfax
Financial Holdings Limited and is a specialist in workers'
compensation.
About Alteris
Alteris Insurance Services, Inc. (Alteris) is a member of Argo
Group International Holdings, Ltd. (NASDAQ: AGII), and operates as
a full-service Managing General Agency providing a broad spectrum
of products and services to brokers and clients throughout the
United States. Alteris Insurance Services provides program
modeling, underwriting administration, capital management,
policy-system solutions, claim services, risk consultation, and
reinsurance placement. Each of its specialty practices are
supported by an integrated team of underwriting, claims, risk
control, actuarial, and administrative support professionals.
Targeted industry segments include water-related entities,
emergency service organizations, wineries, breweries, forest
products, and landscape contractors. For more information, visit
www.alterisus.com.
About Argo Group
Argo Group International Holdings, Ltd. (NASDAQ: AGII) is an
international underwriter of specialty insurance and reinsurance
products in the property and casualty market. Through its operating
subsidiaries, Argo Group offers a full line of products and
services designed to meet the unique coverage and claims handling
needs of businesses in four primary segments: Excess & Surplus
Lines, Commercial Specialty, International Specialty and Syndicate
1200. Argo Group’s worldwide insurance subsidiaries are rated ‘A’
(Excellent) by A.M. Best with a stable outlook and its U.S.
insurance subsidiaries are rated ‘A-’ (Strong) by Standard &
Poor’s with a stable outlook. For more information, visit
www.argolimited.com or follow us on LinkedIn (http://ow.ly/Oe6fK)
and on Twitter at @Argo_Group.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160511005415/en/
Argo Group International Holdings, Ltd.Rebecca Kelley,
210-321-8547Marketing Managerrkelley@argogroupus.comorAlteris
Insurance Services, Inc.Mia Garza, 210-321-8457JPRIMA
Supervisormgarza@alterisus.com
Argo (NYSE:ARGO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Argo (NYSE:ARGO)
Historical Stock Chart
From Apr 2023 to Apr 2024