PBASC Select Vendor
Property and Casualty Products With PBA Member Dividend Program
Patricia P. Williams - Practice Leader, Financial Institutions 600 Red Brook Boulevard, Suite 600, Owings Mills, MD 21117 Email:   patricia.williams@zurichna.com Web Site:   www.zurichna.com/fe	Tel: (410) 559-8806 FAX: (410) 559-8896
Service Property and Casualty Safety Group Dividend Plan Member Benefits Effective January 1, 2010, PBASC and Select Vendor, Zurich North America Commercial, now offer a Zurich Property and Casualty Safety Group Dividend Plan to help financial institutions reduce their property and casualty insurance costs. The safety group dividend program is designed to:   • Help banks reduce P&C insurance costs by putting into practice effective loss control measures that lead     to a better-than-average loss ratio (the ratio of premium to losses);   • The dividend is calculated based upon the loss ratio, together with the Safety Group’s earned premium     of the qualifying policies during the experience period. A qualifying dividend payment is made,     subject to approval by the PBASC Board of Directors;   • It’s easy to join and is open to all qualifying PBA member banks. Eligibility depends upon the     combination of qualifying insurance policies you have written through American Guarantee and Liability     Insurance Company (a member company of Zurich in North America); and   • Go through your current broker relationship or local Zurich Agent. PBA member institutions that meet established criteria become part of the “Safety Group” and share in the dividend payments Zurich disperses to the Group. Member Discount All PBA member participants have to the potential to receive an annual dividend check. Need more information?