Does Indemnity Insurance Company of North America Still Sell Insurance?
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Asked April 1, 2013
1 Answer
Indemnity Insurance Company of North America (IICNA) is no longer actively selling insurance. In 2016, the company was merged into a larger insurance company, Ace American Insurance Company, and IICNA stopped underwriting new policies. IICNA was originally founded in 1946 and provided a range of commercial insurance products, including liability insurance, property insurance, and workers' compensation insurance. The company had a reputation for providing high-quality insurance coverage to its clients and had a strong presence in the insurance industry for several decades. However, due to changes in the insurance market and increased competition, IICNA was acquired by Ace American Insurance Company, which is a subsidiary of Chubb Limited, a global insurance company. The acquisition was completed in 2016, and since then, IICNA has been merged into Ace American Insurance Company and no longer underwrites new policies under its own name. Existing policyholders of IICNA may still be able to receive insurance coverage under their existing policies, but the company is not actively selling new insurance policies or offering new coverage options. If you have a policy with IICNA and need to make changes or file a claim, you should contact your insurance agent or broker or the claims department of Ace American Insurance Company for assistance.
Answered April 1, 2013 by Anonymous