Crum & Forster Holdings Corp. · Morristown, NJ United States
Company Description
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This link will open in a new window Crum & Forster looks out for the best interests of employers. Through its subsidiaries, the company offers an array of property/casualty insurance products to businesses, including general liability, automobile, property, and workers' compensation coverage. Crum & Forster also offers The Defender, a broad commercial umbrella policy. The company's specialty policies include management protection, crime insurance, and e-commerce risk protection coverage. Crum & Forster also provides risk management services. The company's products are sold through some 1,400 independent brokers across the US. Crum & Forster is a subsidiary of Fairfax Financial Holdings . To read the full description, subscribe now.
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Key Crum & Forster Holdings Corp. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,602.3 |
| 2008 Employees | 1,266 |
Crum & Forster Holdings Corp. Executives
25 executives listed for Crum & Forster Holdings Corp.'s Morristown, NJ location.
| Title | Name & Bio | Contact |
| Chairman | V. Prem Watsa | Network |
| President and CEO; Chairman and CEO, Insurance Operating Subsidiaries | Douglas Libby | Network |
| SVP Corporate Operations | Chris Stormo | Network |
Competition
Competitive Landscape for Crum & Forster Holdings Corp.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Crum & Forster Holdings Corp. Competitors
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