MEDIA CONTACT: Rod Hughes | firstname.lastname@example.org | (610) 559-7585
NEW YORK, Jan. 7, 2019 – Distinguished Programs, a national insurance program manager, today announces Zurich North America as the new insurance provider for its City Homes Insurance Program (CHIP) effective as of January 1, 2019. Zurich also operates as the provider for Distinguished Programs’ NY Brick & Brownstone program.
The City Homes Insurance Program was designed with the small urban residential building owner in mind. Often overlooked by generalist insurance providers, the product was specifically tailored through its insurance coverages, complementary solutions and risk management offerings to meet the growing needs of small, multi-family and owner- or tenant-occupied properties. It is available in Baltimore, Boston, Chicago, Denver, Los Angeles, Minneapolis, New Jersey’s Gold Coast, Philadelphia, Portland, St. Louis, St. Paul, San Francisco, Seattle and Washington, D.C.
“City Homes has been a successful program for our customers. With the backing of Zurich, access to their industry leading capabilities and a mutual commitment to being the foremost player in the small urban real estate space, we expect to take this program to the next level,” noted Michael Thabet, senior vice president, program management, Express Division of Distinguished Programs. “This program offers brokers the ability to successfully work with individual owners of potentially thousands of smaller, distinctive properties across many of the country’s largest cities.”
“Distinguished Programs has a long history of creating programs to successfully meet the needs of specialty insurance markets,” said Greg Massey, head of Zurich Programs. “We’re pleased to expand on the first-class, competitive insurance products we provide to Distinguished and we look forward to a long and successful relationship addressing the needs of City Homes’ customers.”
City Homes offers competitive features including a personal lines form and a range of property coverages. Focusing primarily on small apartments and condominiums in urban locations, coverage for these risks includes back-up of sewers and drains (full limits), equipment breakdown and ordinance or law coverage A, B and C. In addition, the program includes optional crime endorsements, non-owned/hired auto and employee benefits coverage options, among other features.
For more information about City Homes, please visit https://www.distinguished.com/site/programs/real-estate/city-homes. Brokers can also access Distinguished Program’s online portal for ease of submissions.