Global Warranty Group Partners with Starr Indemnity & Liability
ST. JAMES, NEW YORK – September 27, 2012:
Global Warranty Group announced today that is has changed insurance underwriters for its program offerings to Starr Indemnity & Liability Company, a member of Starr Companies.
"We are excited about the opportunity to work with Starr, a leader in the Warranty Insurance field," stated Charles Pipia, President of Global Warranty Group, who added; "The strategic goals of our two companies match up on a number of levels and coupled with Starr’s expanding reach on a global basis, we are naturally thrilled with the affiliation."
Jim Vendetti, Chief Underwriting Officer and Executive Vice President of Starr Indemnity & Liability Company commented, "Our warranty division is a key growth area for the firm and one which is offering strong solutions for our customers' daily challenges. We are excited about the partnership with Global Warranty Group and expect it to make a key difference in the marketplace."
Starr Indemnity & Liability Company holds an A.M. Best financial strength rating (FSR) of "A" (Excellent), Financial Size Category X, and an issuer credit rating (ICR) of "a."
Global Warranty Group is a leading developer and administrator of product warranty and extended service contract programs to the consumer electronics, appliance, cellular device and computer industries throughout the United States and Canada. The Company is backed by A.M. Best rated insurers and maintain a state of the art 24/7/365 call and customer support center.
STARR COMPANIES (or STARR) and the STARR Logo are trademarks worldwide for the services offered by the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C.V. Starr & Co., Inc. Starr is a leading insurance and investment organization with a presence on five continents; through its operating insurance companies, Starr provides property, casualty, and accident & health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance.
# # #