New Jersey Guaranty Association Employee Directory
InsuranceUnited States11-50 Employees
The New Jersey Property-Liability Insurance Guaranty Association is a private, non-profit, unincorporated entity established in 1974 to support policyholders and claimants when property-casualty insurers become insolvent. It provides statutory benefits to insureds and claimants of insolvent companies. The association operates under the New Jersey Property-Liability Insurance Guaranty Association Act and requires every licensed insurer in New Jersey to participate as a member and contribute funds to support its operations. Based in New Jersey, United States, the association functions within the property-liability insurance sector as a formal guaranty mechanism for those affected by insurer insolvencies. Its mandate and funding come from the collective contributions of licensed insurers as defined by the Association Act.