National Interstate Insurance Co. has launched MEDIC, a new alternative risk transfer (ART) program catering to for-profit emergency and non-emergency ambulance operators. MEDIC will be open to operators nationwide, and will complement the traditional insurance product currently offered by National Interstate. The company is now seeking operators with a solid track record in the ambulance industry to become founding members of this ART program.
National Interstate will market MEDIC directly through retail brokers, and is currently accepting new producers. The coverage package includes auto liability, auto physical damage, workers’ compensation, general liability, employee benefits liability, professional liability, and employment practices liability insurance coverages. Additional coverages such as umbrella, property, and inland marine are also available outside of the captive program.
National Interstate is an active member of the Ambulance Association of America.
National Interstate Insurance Co., a wholly owned subsidiary of National Interstate Corp., is a specialty property and casualty insurance company with a niche orientation and focus on the transportation industry. Products include insurance for passenger, moving and storage, and truck transportation companies, alternative risk transfer, or captive, insurance programs for commercial risks, specialty personal lines consisting of insurance products focused primarily on recreational vehicle owners, and transportation and general commercial insurance in Hawaii and Alaska.
Was this article valuable?
Here are more articles you may enjoy.