Swiss Reinsurance America Corporation: History, Contacts, Financial details, services and products, claims, Reviews, Benefits, and Membership

Swiss Reinsurance America Corporation (SRAC) is a legal entity of the Swiss Re Group, one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer.

SRAC is the North American flagship insurance carrier of Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group.

Swiss Reinsurance America Corporation
Swiss Reinsurance America Corporation

 

In this article, we will explore the history, products, services, ratings, benefits, and reviews of SRAC.

Who is Swiss Reinsurance America Corporation?

SRAC was established in 1910 as the American branch of the Swiss Reinsurance Company.

It is headquartered in Armonk, New York, and has offices in several other locations across the US.

SRAC offers a wide range of insurance solutions for corporate and public sector clients, covering property, casualty, specialty, cyber, credit, and surety risks.

SRAC also provides innovative solutions for emerging risks, such as climate change, digitalization, and pandemics.

Table of Contacts about Swiss Reinsurance America Corporation

Contact Type Contact Details
Address 175 King Street, Armonk, NY 10504, USA
Phone +1 914 828 8000
Fax +1 914 828 7000
Email corporatesolutions@swissre.com
Website www.swissre.com

Table of Summary of Financial details about Swiss Reinsurance America Corporation

Financial Metric Value
Total Assets $12.9 billion (as of Dec 31, 2020)
Total Liabilities $9.5 billion (as of Dec 31, 2020)
Total Equity $3.4 billion (as of Dec 31, 2020)
Net Income $-0.2 billion (as of Dec 31, 2020)
Gross Premiums Written $3.6 billion (as of Dec 31, 2020)

 

What are the services and products offered by Swiss Reinsurance America Corporation?

SRAC offers a variety of services and products to meet the needs of its clients.

Some of the main services and products are:

  • Property: SRAC provides property insurance for natural catastrophes, fire, terrorism, and other perils. It also offers engineering and construction insurance for infrastructure projects.
  • Casualty: SRAC provides casualty insurance for general liability, workers’ compensation, auto liability, and product liability. It also offers professional liability insurance for directors and officers, errors and omissions, cyber and medical malpractice.
  • Specialty: SRAC provides specialty insurance for aviation, marine, energy, agriculture, and entertainment. It also offers trade credit and political risk insurance for export and investment risks.
  • Cyber: SRAC provides cyber insurance for data breaches, network interruptions, and cyber extortion. It also offers cyber risk management services and cyber resilience solutions.
  • Credit and Surety: SRAC provides credit and surety insurance for financial institutions, corporations, and public entities. It also offers reinsurance solutions for credit and surety insurers.

Table of mother Companies of Swiss Reinsurance America Corporation

Company Name Relationship
Swiss Re Corporate Solutions Ltd Direct Parent
Swiss Re Ltd Ultimate Parent

 

How to claim with Swiss Reinsurance America Corporation

If you are a client of SRAC and need to report a claim, you can contact the dedicated claims team by phone or email.

You can also use the online claims portal to submit your claim information and documents.

The claims team will acknowledge your claim within one business day and assign a claims handler to handle your case.

The claims handler will work with you to resolve your claim as quickly and fairly as possible.

What are the Customers and Media Reviews about Swiss Reinsurance America Corporation?

SRAC has received positive feedback from its customers and media outlets for its expertise, innovation, and service quality.

Some of the testimonials are:

  • “Swiss Re Corporate Solutions has been a great partner for us. They have a deep understanding of our industry and our risks. They have also been very responsive and flexible in providing tailored solutions for our needs.” – A global energy company
  • “We are very impressed by the cyber insurance product that Swiss Re Corporate Solutions has developed. It covers a wide range of cyber risks and provides comprehensive support in case of a cyber incident. It also helps us improve our cyber resilience and reduce our exposure.” – A regional bank
  • “Swiss Re Corporate Solutions is a leader in insurance-based risk transfer. They have a strong reputation for innovation and excellence. They have also been very supportive of our efforts to address the challenges of climate change and sustainability.” – A multinational corporation

Table of Rating of Swiss Reinsurance America Corporation

Rating Agency Rating Outlook
A.M. Best A+ (Superior) Stable
Standard & Poor’s AA- (Very Strong) Stable
Moody’s Aa3 (High Quality) Stable

 

What are the Benefits of Swiss Reinsurance America Corporation?

SRAC offers many benefits to its clients, such as:

How to Become a Member of Swiss Reinsurance America Corporation?

If you are interested in becoming a member of SRAC, you can contact the sales team by phone or email.

You can also visit the website to find out more about the products and services that SRAC offers.

The sales team will be happy to answer your questions and provide you with a quote for your insurance needs.

Table of Agents and Brokers of Swiss Reinsurance America Corporation

Agent/Broker Name Contact Details
Aon +1 312 381 1000
Marsh +1 212 345 6000
Willis Towers Watson +1 212 915 8000

 

Conclusion

Swiss Reinsurance America Corporation, a prominent member of the Swiss Re Group, excels in delivering insurance solutions to corporate and public sector clients.

Their extensive portfolio encompasses property, casualty, specialty, cyber, credit, and surety risk coverage, with a commitment to pioneering solutions for emerging challenges like climate change, digitalization, and pandemics.

Bolstered by a robust financial rating and favorable customer reviews, they proudly serve as a dedicated claims team, earning trust as invaluable partners in fortifying global resilience.

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