Zurich Multinational adds risk retention option for casualty customers

Zurich Multinational introduced the Zurich Loss Pooling Program (ZLPP), a new offering for U.S.-based multinational companies that want to retain some risk without a captive.

The program pools country-based premiums and returns a specified loss limit to the insured, providing cash flow flexibility and a compliant alternative to traditional guaranteed cost programs or captives. ZLPP leverages Zurich’s multinational claims handling, compliance support, and 50+ years of global insurance expertise.

“Many companies want to bet on themselves and retain some risk in their international casualty programs. But without a captive, it can be difficult to do so, in part because differing laws and market norms can make it very challenging to move money across borders.” – Cody Griffin, U.S. Head of Multinational Underwriting for Zurich North America .