Safety National Casualty Corporation has acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC).
Safety Specialty will initially focus on complementing Safety National’s public entity multi-line program, which includes general liability and auto liability coverage. Through SSIC, Safety National will now be able to offer law enforcement liability, public officials liability and educators legal liability coverage. At this time, all public entity coverage is solely available bundled with Safety National’s excess workers’ compensation coverage.
According to Mark Wilhelm, CEO of Safety National, the company is working to further expand SSIC’s offerings and add to its suite of specialized insurance products.
SSIC is domiciled in Missouri and will offer products in all 50 states.
Safety National is a provider of alternative risk funding products such as excess workers’ compensation, deductible casualty, loss portfolio transfers and reinsurance. Safety National is a member of the Tokio Marine Group.
Topics Carriers Excess Surplus
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