Seneca Insurance Company

Overview

Seneca Insurance Company is a specialty property and casualty insurer headquartered at 199 Water Street in New York City[9]. Founded in 1988[4], the company provides specialized property and liability insurance coverage for businesses in real estate, manufacturing, energy, and food processing[1]. Seneca operates as a wholly owned subsidiary of Crum & Forster and part of the Fairfax Financial Holdings, Inc. family of companies[5]. The company underwrites specialty insurance distributed through brokers and wholesale intermediaries[3] across four product lines: Specialty Package, Specialty Solutions, Inland Marine, and Excess & Surplus Lines Property[6]. Seneca operates 11 branch offices nationwide, is licensed in all 50 states, and has no minimum premium requirements[7]. The company operates two legal entities on both an admitted and non-admitted basis in all 50 states[10].

The company's own site places it in New York: Phone number (212) 344-3000 is a New York City area code, indicating NYC operations. However, the text does not explicitly state the company. [2]

Seneca Insurance Company states that its approach has been "the cornerstone of our success since 1988". [4]

Seneca sells four product lines: Specialty Package (vacant property, Asian business, energy, real estate, food manufacturing, manufacturing/metal), Specialty Solutions (businesses in bankruptcy, labor unions, vacant commercial property and land), Inland Marine (builder's risk, contractor's equipment, inland marine excess, transportation APD/MTC, warehouse liability, bailees and fine arts) and Excess & Surplus Lines Property (habitational, senior living, excess layers, industrial). [6]

Seneca Insurance Company is headquartered at 199 Water Street, 29th Floor, New York, NY 10038-4963. [9]

Growth & traction

Seneca operates 11 branch offices nationwide, is licensed in all 50 states, and states it has no minimum premium requirements. [7]

Seneca's claims organization is staffed with 16 Property and seven Liability adjusters, including a six-person Field Adjuster team. [8]