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Third-Party Administration Services
Customers today are looking for greater financial control over their insurance programs, hoping to reduce their operating expenses, improve cash flow, and predict costs. In addition to financial control, they want more involvement and flexibility-- involvement in claim settlements and setting reserves, and the flexibility to select the best provider for each component of their program.
Zurich Services Corporation is a business corporation designed to allow Zurich companies to package and price various services in unique ways that address the customers' need for flexibility and control. Through this independent facility, Zurich business units can charge service fees separately from insurance premium, which may provide financial benefits to the customer.
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