Zurich Achieves SAS 70 Certification

Zurich announced yesterday that it has successfully achieved SAS 70 Type 2 certification, the highest level SAS 70 validation, for its commercial business in North America. The global accounting firm Ernst & Young LLP conducted the SAS 70 audit. This is important news for customers of Zurich's claims services who are subject to the Sarbanes-Oxley Act of 2002. SAS 70 Type 2 certifications are designated by the Securities and Exchange Commission (SEC) as an acceptable method for a company's management to obtain assertions about a service organization's internal controls, without having to co...