Columbia SC Versicherungs Gesellschaft the focus will be Business-to-Stem losses
.Another transformation has occurred in Seibels Bruce Group and, like others before it is driven by money.
The insurer began Columbia report greater part of their traditional means of tax risk insurance to create companies in a bid to reduce losses.
During recent months, was closed Seibels irregular operations auto insurance in South Carolina and Tennessee, units which have lost nearly $ 14 million over the past few years, high-risk insurance pilot .
At the same time, Seibels plans to increase its rights to adapt and insurance service lines in the coming months.
“We’re not very far in the movement of the traditional insurance risk,” Chief Operating Officer John L. “Jack” said Natili. “What we are doing is broadening our scope specifically for service-oriented, cost of doing business. ”
Under this plan, last Monday a Natili Sept-member “team focus” that will seek new avenues for business growth.
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