Effective July 1, 2011, Perico Life Insurance Company (Perico Life), a subsidiary of HCC Insurance Holdings, Inc., is combining its operations with HCC Life Insurance Company (HCC Life). This strategic consolidation of operations will allow HCC Life to better utilize its capital and improve its efficiencies in providing the premier medical stop loss product to the self-funded market. HCC Life will continue to provide superior services. As a result all in force accounts and underwriting requests for proposals will be redirected to the appropriate HCC Life regional office.

"This combination demonstrates HCC Life’s increased commitment to the self-funded market,” said Craig Kelbel, HCC Life President and Chief Executive Officer. “We have an opportunity to combine our resources to benefit producers and policyholders while maintaining the superior service for which we are known. For more than 30 years we’ve been making sound business decisions to grow our company and the industry, and we are anticipating continued growth through this combination."

HCC Life Insurance Company holds an A+ (Superior) rating for financial strength awarded by A.M. Best Company and is backed by the financial strength of its parent company, HCC Insurance Holdings, Inc., an international insurance holding company and a leading specialty insurance group since 1974. With assets exceeding $9 billion, HCC Insurance Holdings, Inc. is on its way to becoming the largest specialty insurance group in the U.S.

Visit the HCC Life Insurance Company website for more information.