The California Restaurant Association has chosen Marsh subsidiary Seabury and Smith Insurance Program Management as its endorsed provider of insurance brokerage services to the association’s more than 22,000 members. As the world’s leading insurance broker and risk adviser, Marsh is distinctively poised to lend expertise to the hospitality industry, with specialty programs and services designed to fit the needs of restaurant operators. In 2007, the company placed more than $355 million in insurance premiums on behalf of U.S. restaurant and hospitality clients and more than $1 billion in total hospitality insurance premiums worldwide.
“Marsh’s outstanding reputation and commitment to developing industry-specific solutions are just two reasons why the CRA is so pleased to present this partnership,” CRA President + CEO Jot Condie said. “Our members will benefit from Marsh’s proven track-record, as well as discounts made even more valuable as operators continue to weather the recession.”
Marsh is working with several highly regarded insurance service providers to create group-rate packages for restaurant companies of every type and size to secure health, workers’ compensation, general liability, auto and life insurance.
“We are confident that restaurateurs will be pleased with the innovative approaches and comprehensive service Marsh provides,” said Roy Lyons, a managing director for Marsh. “The program we are creating with the CRA will essentially establish a one-stop solution for the range of insurance needs operators require to protect their businesses.”
About the California Restaurant Association
The California Restaurant Association is the definitive voice of the California restaurant and hospitality industry and has served to protect and promote its success since 1906. The restaurant industry is one of the largest private employers in California, representing more than 1.4 million jobs. Restaurants produce more than $56 billion in sales annually and generate more than $4.5 billion in sales tax for the state. For more information, go online at http://www.calrest.org.
