January 30, 2015 3:15 PM ET

Insurance

Company Overview of Starr Companies

Company Overview

Starr Companies is a holding company and through its subsidiaries offers insurance services. The company provides marine, aviation, property, casualty, and production and surplus insurance services. Additionally, it offers underwriting, claim adjustment, and risk management services. Starr Companies’ subsidiaries include Starr Marine, Starr Technical Risks, C. V. Starr & Company, Starr Indemnity & Liability Company, Starr Surplus Lines Insurance Company, Starr Specialty Lines, Starr Underwriting Agents Ltd, Starr Underwriting Agents (Asia) Ltd, and Starr Adjustment Services, Inc. The company was founded in 1919 and is based in New York, New York.

399 Park Avenue

8th floor

New York, NY 10022

United States

Founded in 1919

Phone:

646-227-6300

Key Executives for Starr Companies

Chairman
Age: 88
Chief Financial Officer for International Operations
Chief Executive Officer of Starr Indemnity & Liability Company and President of Starr Insurance Holdings
Vice President and Chief Human Resources Officer
Chief Underwriting Officer for The International Global Casualty Portfolio
Compensation as of Fiscal Year 2014.

Starr Companies Key Developments

Starr Companies Announces New Umbrella Product to Small Business Offering

Starr Companies announced a new Commercial Insurance Umbrella Liability policy, designed specifically for small-sized businesses. This product marks the next phase in Starr's growing suite of insurance solutions for small businesses. The Commercial Insurance Umbrella policy complements the Company's Business Owners Policy (BOP) and provides policy limits up to $5 million, in $1 million increments. This is the first of many coverage extensions to the BOP policy that will be introduced in the coming months.

Starr Companies Receives Federal Order for Branch Office in Canada; Appoints Hano Pak as Chief Agent of Starr Insurance & Reinsurance Ltd. and Country Executive of Canada

Starr Companies announced it has received a federal order from the office of the Superintendent of Financial Institutions in Canada (OSFI) approving Starr Insurance & Reinsurance Limited. Starr has established a branch office in Toronto and will directly write a variety of commercial insurance lines. Additionally, Starr has named Hano Pak as the Chief Agent of Starr Insurance & Reinsurance Ltd. and the Country Executive. Mr. Pak will be responsible for the overall growth, profitability, and distribution of Starr's insurance offerings in Canada. Mr. Pak joins Starr Companies with over seventeen years of experience working for various global insurance carriers.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 8, 2015
Los Angeles Marriott Burbank Airport Hotel
 

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