During my short time at the helm of C&F, there have been some significant changes:

  • Our A.M. Best rating has gone from A- to A, and a financial size category of XIV.
  • We have expanded our specialty insurance lines to include Miscellaneous Professional Liability and Technology E&O.
  • We launched a transportation unit in our Fairmont Specialty division.
  • We have a number of underwriting initiatives underway to expand our appetite, coverage and product options.

We have consciously sought to do business differently from our competitors. By paying strong attention to the “details” of underwriting, claims adjusting and operations, we believe that we outperform our competitors thereby benefiting our insureds, producers, and stockholders.

Crum & Forster has built its business by hiring talented underwriters who are problem solvers and can build profitable businesses. Our target employees are generally seasoned underwriters who bring with them unique ways to evaluate profitable business opportunities. We are continually evaluating business opportunities and recruiting underwriting talent and experience commensurate with the opportunity.

We are always eager to attract talented underwriters with a strong conviction and a firm belief in the value of the underwriting process. If you are interested in building and managing a business for Crum & Forster, please contact us with your business proposal.

Sincerely,
Douglas M. Libby
Chairman and CEO

Operating Strategy
Crum & Forster’s way of doing business extends beyond our underwriting approach.

  • We have a flat management structure where profit center managers have accountability and authority.
  • Opportunities for new products or industry segments are encouraged and constantly being evaluated.
  • We are willing to integrate admitted and non-admitted products for an account opportunity.
  • We move from opportunity to decision with speed and efficiency.
  • Experienced claims and loss control professionals are located close to risks in regional offices and take a proactive partnership approach with insureds, risk managers and brokers.

Underwriting Strategy
Our focus is on business that requires underwriting judgment and strong claims skills:

  • Each account is underwritten based upon its own characteristics.
  • We ensure accuracy of underwriting information through independent verification of data.
  • Our approach is to measure risk vs. reward for lines of business and individual risks.
  • We look for the “best” risk in a perceived “hazardous” class or territory.
  • We manage our catastrophe exposure.
  • We evaluate coverage needs and amend as necessary.
  • We seek opportunities for unique risks or classes where other companies have left the market, within our institutional capabilities.

Underwriting Profile

  • Experienced and dedicated product line underwriters
  • Committed to the underwriting process
  • Strong producer relationships
  • Risk takers and problem solvers
 

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