Urban Insurance Partners Institute Web Site
Supporter Information
PRUDENTIAL
JOINS THE URBAN INSURANCE PARTNERS INSTITUTE
FOR IMMEDIATE RELEASE
Contact: Tammy L. Rader
317.580.2599
Laurita Warner, Prudential
(973) 802-9989
October 9, 2001
Supports Industry Effort to Further Urban Insurance Outreach
Chicago... Prudential Property and Casualty Insurance Company has joined the
Urban Insurance Partners Institute (UIPI), a growing industry effort to create
alliances among insurance companies and local urban communities.
"We like the direction the institute is taking," says Robert Ellison, director
of multi-cultural marketing for Prudential's property and casualty company.
"UIPI is a great resource for the insurance industry on urban affairs, which
will be highlighted during an upcoming national workshop. The gathering will
provide a good opportunity to bring property casualty and life insurers together
to share the latest developments in urban marketing."
Prudential has played a key role in planning the UIPI workshop, called Urban
Insurance Advantage, set for Nov. 14-15 in Chicago. Ellison serves on the UIPI
Workshop Committee, which helped design the two-day program. A host of experts
from the legal, insurance, regulatory and business communities will provide
insight on how to write urban business successfully during the seminar. Model
urban programs will also be featured.
"Prudential has been a leader in urban marketing, using a community based
approach," notes Suzanne Reade, UIPI president. "The company's experience has
proven very valuable to the institute in the short time they've been a member.
We look forward to our ongoing partnership."
As of Dec. 31, 2000, Prudential Property and Casualty Insurance Company and its
affiliated companies insured over 2.2 million cars and homes in 48 states, with
annual premiums of over $1.7 billion. The entities are companies of The
Prudential Insurance Company of America. Prudential offers an innovative
homeowners insurance discount for consumers who complete educational programs
with community organizations in several cities.
Prudential is also involved in many community revitalization efforts, including
investments with Local Initiatives Support Corporation (LISC), a not-for-profit
organization dedicated to rebuilding communities. LISC is a major co-sponsor of
the UIPI Urban Insurance Advantage workshop.
"We bring a great deal of experience to the institute, and anticipate that our
membership will enhance our ability to further our outreach in urban
communities," summarizes Ellison about Prudential's decision to join UIPI.
UIPI identifies and promotes model urban insurance practices; educates insurers
about opportunities in urban markets; teaches consumers about homeowners
insurance; and maintains a Web site that highlights urban initiatives and
supporters. The institute is an insurance industry organization devoted solely
to urban affairs. UIPI is funded by individual companies and major trade
associations. Several new supporters have been added over the past year.
To learn more about UIPI or the upcoming workshop call (773) 880-8780 or visit
www.uipi.org.