ZC Sterling Corporation
|
210 Interstate North Pkwy., Ste. 400 Atlanta, GA 30339 GA Tel. 770-690-8400 Toll Free 800-962-9654 Fax 770-690-8240 |
Type: Private
On the web:
http://www.zcsterling.com
Employees:
1,100
ZC Sterling wants to set the standard of service in the mortgage industry. The company provides tracking and other outsourcing services for lender-placed mortgage hazard insurance. It contracts with lenders to monitor and ensure that mortgage borrowers are carrying appropriate homeowners insurance, and to enforce and manage the purchase of insurance when necessary. Other offerings include tax processing, claims services, outsourced customer service, and a voluntary homeowners insurance product. Private equity firm Stone Point Capital (formerly known as MMC Capital), owns 94% of ZC Sterling, acquired in 2005 from Zurich Financial Services.
Key numbers for fiscal year ending December, 2007:
Sales: $130.2M
Officers:
President and CEO: William J. (Bill) Krochalis
SVP and CFO: Stephen (Steve) Franks
SVP and CIO: Homeowners Insurance
Competitors:
Assurant
Balboa Insurance
First American



