Prime Insurance Company
Prime Property & Casualty Insurance Inc.
February 22, 2022 – Chicago, IL
Rick J. Lindsey, President, CEO and Chairman of the Board of Prime Insurance Company and Prime Property & Casualty Insurance Inc. recently appointed Ms. Elizabeth Richards to the Board of Directors of both Prime Insurance Company and Prime Property & Casualty Insurance Inc.
Ms. Richards is a supervising claims attorney with Prime’s claims-handling team, Claims Direct Access. Before joining Prime, Ms. Richards worked as a trial attorney practicing in insurance defense litigation. Over the course of seven years, Ms. Richards acted as first-chair in over seventy jury trials taken to verdict in Chicago, Illinois, and surrounding suburbs. Ms. Richards earned her Bachelor of Arts from the University of Illinois at Urbana-Champaign and her J.D. from the DePaul University College of Law.
Rick J. Lindsey, President, CEO and Chairman of the Board, states “I look forward to having Ms. Richards join the board as we continue to pursue my vision for the leadership and growth of both companies.”
Prime Insurance Company (PIC) provides specialty solutions to the property and casualty excess and surplus lines marketplace. Prime Property & Casualty Inc. (PPCI) is an affiliate of PIC and offers commercial auto coverage on an admitted basis. Prime Insurance Company is rated “A” (Excellent) by A.M. Best and writes business in all 50 states, US Virgin Island and Guam.
Ms. Richards states, “It is an honor to serve a carrier so dedicated to fighting for justice on behalf of our insured partners.”
For information on the latest rating, go to www.ambest.com
Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.