Structure

The company is licensed in the Cayman Islands to reinsure risks from the issuing insurance company, Zurich North America (rated A+ by A.M. Best). Zurich North America is licensed and admitted providing coverage to the membership in the United States. The types of coverage written by EDIC are Workers’ Compensation, General Liability, Auto Liability, and Auto Physical Damage.

Membership Criteria

Because each member of EDIC is a shareholder, the following criteria has been established to ensure the quality of membership and long-term strength of the company:

  1. Management Commitment to Safety and Claims Management
  2. Financially Strong Company
  3. Loss Experience Better than Average for Industry Group
  4. Business Philosophy Compatible with Elite Distributors Insurance Company