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.
Taylor Swift Cancellations Deal Blow to Insurers: Sources 
Consumers’ Refusal to Keep Paying Higher Prices May Halt Inflation Spike 
Labor Market Study: 14% of Carriers Plan to Reduce Headcounts 
Construction Defects Are Not Covered Property Damage in Commercial Liability Policy 
