NEW YORK, Jan. 4, 2017 /PRNewswire/ -- Leading national real estate insurance program manager Distinguished Programs is pleased to announce its new relationship with top-tier global insurance provider Zurich Insurance to underwrite its hallmark program, New York Brick & Brownstone. A program crafted with the nuances of a large metropolitan city in mind, NY Brick & Brownstone appeals to owner- or tenant-occupied properties primarily located in the neighborhoods of Brooklyn, the most populous NYC borough, as well as in Manhattan and Queens.
Developed in 2007, the program focuses on smaller New York habitational properties and offers ease and efficiency to help brokers manage business costs effectively. Previously available customizations to the NY Brick & Brownstone program have been overhauled to offer standardized coverage which should be attractive to building owners in NYC that have a diverse portfolio of properties with specific insurance requirements. NY Brick & Brownstone insures more than 11,000 neighborhood building owners, representing 40,000 apartments, condos, and co-ops overall.
"We're eager to tap into Zurich's long presence in the program sector, as well as their many resources and capabilities, including market insights, analytics, and overall strength," said Jeremy Hitzig, CEO of Distinguished Programs.
Distinguished Express President Helen English underscores Zurich's unique perspective in underwriting the program. "We are very excited about having the opportunity to work with Zurich to continue to provide the insurance and risk-management support to families and building owners in the communities that make up the vibrant and thriving neighborhoods of Brooklyn and the other boroughs."
"The relationship between both firms is symbiotic," said David Putz, Head of Direct Markets and Programs for Zurich North America stating, "We welcome our new relationship with Distinguished Programs, a program administrator that has demonstrated knowledge and experience; and a culture of execution and innovation in this specialized space. We look forward to bringing our knowledge and resources to the process as they continue to provide solutions for customers and brokers."
The NY Brick & Brownstone Program is designed for small urban buildings whose owners care about their tenants and the safety of their buildings. NY Brick & Brownstone offers property and general liability coverages along with a host of additional coverage features.
ABOUT DISTINGUISHED PROGRAMS
Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Cultural Institutions and Hospitality & Restaurants.
Property and liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished Programs' high limit umbrella programs remain the clear choice in its areas of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, streaming back to 1987, Distinguished Programs fosters growth and opportunities for its brokers, carriers and employees. www.distinguished.com
ABOUT ZURICH NORTH AMERICA
In North America, Zurich is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors through the individual member companies of Zurich in North America, including Zurich American Insurance Company. For more information about the products and services it offers and people Zurich employs around the world go to www.zurichna.com. 2012 marked Zurich's 100-year anniversary of insuring America and the success of its customers, shareholders and employees.
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SOURCE Distinguished Programs