Introduction
Red insurance or Red Shield Insurance Company was founded in the year of 1979. From the advent of 1986, the company started writing policies for the general community. The local insurance writer Mr. Ed Altorfer helped them in writing these policies. The range of business for which red insurances were written varies from very small to midsized business empire. The company has achieved an excellent rating “A” from the A.M. Best. The company is based in Portland of Oregon. California, Oregon, Utah, etc cover the western regional scope of the company. The company provides good quality services to the clients with very less effort. They understand the market well and have done business in the Pacific Northwest. This became the success of the red insurance.
Strength of the Company
- Exceptional service is provided to each customer. Every risk is personally evaluated.
- Every claim is handled carefully and responded with utmost urgency.
- Possess strong relationships with a lot of high ranking reinsurance partners and thus offer a consistent quality of good products at an affordable price.
- Have a strong financial standing in the market.
- The combine loss ratio of the company is less than 100%.
- Each region is managed and controlled separately.
- Solid underwriting results are focused on.
- Individual risk underwriting is offered and thus are one of the pioneers of ‘Thinking outside the normal trend’.
Infrastructure
Red Insurance has a very strong infrastructure. It has many branches in different cities and regions of United States. The working of each branch is controlled by the head office of a particular region. The company hires the local insurance agents for providing the satisfying work to the clients. The company employs only hard working and honest people who perform their task satisfactorily and dedicatedly. The company believes in a very conservative philosophy. The company supposedly has a steady foundation of the money that is generally required for a business. The company understands the needs of the customer and provides the coverage that best suits the benefits of a client. The staffs are quite knowledgeable and excel at understanding the needs of the customers.
Interests
Red insurance has interest in quite a few topics listed below.
- Carpentry( interior)
- Chimney cleaning
- Alarm Installation
- Exterminators
- Floor covering installation.
- Lawn Care services.
- Landscape gardens
- Tee punning
Coverage provided
- Property damages to properties owned by others or in cases like custody.
- Fire Suppression is covered and all the expense for the damage done by fire is mainlined.
- Insured endorsements are provided additionally, when required by the clients.
- Damage inflicted during load and unloading to any vehicle.
Red insurance over the past few years have achieved great success. Their annual turnover is quite good too. They offer the least premium system. The premiums can be paid by availing discounts. The online site of the company contains all the details about the business and the contact person of the company. Premiums can be paid using the online payment system. The site is very user friendly.
