National Interstate Insurance Company, based in Richfield, Ohio, has expanded its Titan Group Captive Insurance Program to include general liability coverage.
The company said it believes Titan to be the only group captive program on the market designed specifically for mid to larger cranes, riggers and specialized heavy haulers. The program now offers coverage for auto liability, physical damage, workers’ compensation and general liability, and is available in all states.
Titan brings long-term control over unpredictable insurance pricing as well as many other unique benefits for companies that foster a commitment to safety excellence.
The program provides an innovative risk management solution with the potential for reduced long-term insurance costs and annual return of premium and investment income, the company said.
National Interstate currently has more than 27 unique captive programs, which represent over half of its gross written premiums.
Source: National Interstate, www.NATL.com
Was this article valuable?
Here are more articles you may enjoy.
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
Update: NAIC Says Data Taken in Hack Has Been Published Online 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
