The Seneca

Company: www.senecainsurance.com

The current Seneca management team was appointed in 1989 and is led by Douglas M. Libby, President and CEO, Marc T. Wolin, Chief Financial Officer, Chris I. Stormo, Director of Operations, Keith McCarthy, Vice President Underwriting (Standard Lines), and Ellen O'Connor, Vice President Underwriting (Custom Property and Inland Marine). In 1989 Seneca was rated NA-5 by A.M. Best and reported approximately $11 million of statutory surplus. The combined ratio for that year was approximately 120% and the Company’s combined ratio during the 1980’s had exceeded 120% in each year.

Seneca received a B++ rating in 1992, an A- rating in 1994, and is currently rated A (Class VIII) by A.M. Best. In 1993 an investor group consisting of J.P. Morgan Capital, Century Shares Capital and Third Avenue Value Fund acquired 1/3 of the Company. In 1996 the Trident Partnership acquired 2/3 interest in the Company. These investors remained in the Company until 2000 when Seneca was sold to Crum & Forster, a Fairfax Company. However, the Company and C&F target different business. (Seneca’s average premium size is approximately $5,000 while C&F’s is over $100,000 and each company uses different distribution channels).

Billing Questions:

If you receive your premium invoices directly from this insurance company, they have a special billing department available to answer all of your questions.

Call 212-344-3000 speak with an experienced company representative.

Direct Bill Accounting Dept Phone Number: 212-344-3000

  • Payment Mailing Address:
  • Overnight Mailing Address:
    • This carrier accepts credit payments: NO;
    This carrier accepts check paid by phone: NO;

    To make an immediate online payment: Seneca Online Quick Payment

    DIRECT BILL INSTALLMENT OPTION:

  • (Talk to C&M about installment option for premium $2000 and up)

    • 2 Pay Plan: 50% down + 2% of premium charge
    3 Pay Plan: 40% down + 2% of premium charge
    4 Pay Plan: 25% down + 2% of premium charge(premium $3000 up)

    *pls note installment request must be approved to SEN underwriter and provide a copy of deposit ck in order for installment option