Zurich Signs Alliance Agreement with Australia's Export Finance and Insurance Corporation -EFIC-.SCHAUMBURG, Ill. -- Agreement Supports Australian Exports and Investments in Emerging Markets Zurich's unit providing insurance solutions for emerging markets risks has signed an alliance agreement with Australia's Export Finance and Insurance Corporation The Export Finance and Insurance Corporation (EFIC) is Australia’s Export Credit Agency (ECA) and has carried out its role within various statutory frameworks since 1957. (EFIC EFIC See: Export Finance Insurance Corp. ). The agreement establishes a framework for a public/private collaboration that will enhance opportunities for Australian companies This is a list of companies from Australia. Many Australian companies have been taken over by foreign interests in recent years, so some of the formerly 'quintessentially Australian' brand names are in fact owned by American or Japanese mega corporations. dealing in emerging markets through the provision of political risk insurance. Under the terms of the agreement, Zurich and EFIC will help each other manage their respective portfolios by entering into risk-sharing arrangements. In addition, the two organizations will pool information to improve risk assessment and management, as well as enhance product development. Daniel Riordan Daniel Riordan is a voice actor known for his work on the Transformers franchise. He portrayed the voices of Megatron/Galvatron and Omega Prime in , as well as the voice of Bonecrusher and additional voices in . , executive vice president and managing director of Zurich's emerging markets unit, said "With Zurich's broad expertise in product development and EFIC's depth of experience in a number of markets, this will be a very effective public/private collaboration. The agreement will enhance the ability of both organizations to respond to their clients' needs." "We're delighted to have a partner that brings complementary strengths to help us support the international growth of Australian businesses," commented Angus Armour, EFIC's managing director. Zurich's emerging markets unit is headquartered in Washington, D.C. with offices in London, Barcelona, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Tokyo. It provides political risk and trade credit insurance to multinational corporations
Export Finance and Insurance Corporation (EFIC) is Australia's export credit agency Export Credit Agency An agency established by a country to finance its nation's goods, investment, and services, often offers political risk insurance. and assists Australian companies exporting and investing overseas by providing a range of medium to long-term finance and insurance services. About Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations North America The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance Zurich Financial Services (www.zurich.com) is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Through its offices in more than 50 countries, 62,000 Zurich employees serve clients in more than 120 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the global and domestic corporate, middle market, small business, specialties and programs sectors. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion