FTV Management Company, L.P.
  • News
  • Insights
  • Company
  • Growing Companies
    • Overview
    • FTV Propel®
  • Global Partner Network®
    • Overview
    • Strategic Advisory Board
  • Team
  • Portfolio
Investor Portal

Search

FTV News

Zurich North America Commercial and Presidio Reinsurance Group Announce Strategic Relationship Strengthening Their Positions in the Specialty Health Marketplace

07.07.2009
Share this...
  • Linkedin
  • Twitter
  • Facebook
  • Email

San Francisco, CA. Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.

As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of products and services to provide clients with a broad range of innovative financial and risk management strategies for their specific situation.

Dan Fenton, senior vice president of Group A&H at Zurich said, “Presidio is one of the largest, most respected companies in managed care. They work with select carriers to provide health insurance and reinsurance solutions, products and services to medical risk-bearing entities across the U.S. Through this relationship, Zurich’s product and service capabilities will be made available to a broader market, expanding our presence in this vital market.”

Zurich and Presidio’s specialty health offerings include HMO and Provider Excess, Medical Reinsurance, Employer Stop Loss and an Organ and Tissue Transplant risk transfer program.

“We look forward to continuing our growth in the A&H market through this relationship with Zurich,” said Dennis Heinzig, president and CEO of Presidio. “Presidio is committed to working with our clients to help them create programs to quantify, manage and limit their risks. I am confident the HMOs, health plans, insurance companies, provider groups, employers and other risk-bearing entities that turn to Presidio for solutions will be well served by our collaboration with Zurich.”

Seraina Maag, president of Zurich’s Specialties business unit said, “Zurich is committed to meeting the specialized needs of producers and customers in the A&H market. Our relationship with Presidio is an excellent strategic fit and demonstrates our ongoing commitment to being a premier provider of products and services in the Accident & Health market.”

About Presido

Presidio Reinsurance Group, Inc. provides reinsurance, insurance and a wide range of specialty services worldwide through two wholly-owned subsidiaries. Presidio Excess Insurance Services, Inc. is a market leader in providing accident and health reinsurance, insurance products and specialty services to insurance companies, HMOs, managed care organizations, healthcare systems, hospitals, medical groups and employers throughout North America. Presidio Reinsurance Management, Ltd. focuses on a broad range of accident and health reinsurance programs including catastrophe and general PA, international medical, key man, credit card, sports, passive war and terrorism, excess of loss reinsurance and proportional medical contracts. These programs are offered to insurance companies, employers, affinity groups and financial institutions worldwide. Presidio has offices in San Francisco, Minneapolis, London and Kansas City. For more information about Presidio, please visit www.PresidioRe.com.

About Zurich Financial Services Group

Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors.

Contacts

Tom Sass
PRESIDIO REINSURANCE GROUP
(612) 234-4941
tom.sass@presidiore.com

Keep Up-To-Date on the Latest FTV News

  • This field is for validation purposes and should be left unchanged.

SAN FRANCISCO

601 California Street, Floor 19
San Francisco, CA 94108

415.229.3000


CONNECTICUT

10 Titus Road, Suite 5B
Washington Depot, CT 06794

NEW YORK

535 Madison Avenue, Floor 33
New York, NY 10022

212.682.4800

CONTACT

General: Info@ftvcapital.com
Media: PR@ftvcapital.com

  • LinkedIn
  • Twitter
Investor Portal

© 2023 FTV Management Company, L.P.
All rights reserved.

  • Privacy & Cookie Policy

  • Keep Up-To-Date on the Latest FTV News

  • This field is for validation purposes and should be left unchanged.
Our website uses cookies that are essential for the website to work. By using the website and continuing to navigate, you consent to the placement of these cookies. Read our PRIVACY POLICY to learn more.
ACCEPT
Select Cookies
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT