Talisman Casualty Insurance Company Provides Protected Cell Captive Insurance Service
March 16, 2023 at 22:25
Carson City, Nevada -
Las Vegas, NV-based Talisman Casualty Insurance Company would like to talk about some of the services they provide in the insurance industry. Talisman is a protected cell captive insurance expert which serves members of the specialty insurance market by providing protected cells to a select group of underwriters. Their policies and bonds are licensed, regulated, and authorized transactions, and they are governed by the laws of the state of Nevada.
The company uses a protected cell captive insurance business model. They state, “In this setup, the protected cells are offered to insurers who have seasoned books of business and need a regulated vehicle for transferring risk and allowing access to reinsurance and alternative risk finance markets. These cell captives are composed of a core and several cell entities that are legally separated from each other. Each of these cells has its own dedicated assets and liabilities and the core serves as a central fund much like the Lloyd’s of London market model. Having multiple layers of protection and acquiring a diverse and specialized business mix can allow the captive to grow even when the broader insurance market is seeing decline and rising cost. And because the cells are legally separate, the assets of one cell cannot be used to answer for the liabilities of a different cell.”
Talisman uses various claims management service providers for each of their cell programs giving claims only to firms that have extensive experience with claims management. They also make it a point to investigate the degree of ethics and integrity of each of the providers they work with.
There are a number of benefits associated with choosing Talisman Casualty, the first of which is the fact that they always put the client first. At Talisman Casualty, connecting with their clients is something they believe to be crucial to their operations. By connecting with insureds, Talisman Casualty is able to understand their business model and goals, and this makes it possible to develop a better understanding of when they might want to take more risks and when they may want to be more conservative. This commitment to knowing their clients (and their respective businesses) inside out is what has allowed Talisman to become the preferred insurance company for a number of businesses across the region.
Talisman also believes that great service means providing business resources and analytics to the insured to help them understand and manage risk more intelligently. If clients are provided with the best business resources, they are more likely to be able to make better, more lucrative decisions regarding the amount of risk they are able (and willing) to take on. Lastly, Talisman makes use of local knowledge and feedback which comes directly from their insureds, which allows the company to adjust quickly and provide a more flexible understanding of the insurance market — a market that is notorious for always changing. Read about Talisman claims to learn more about the benefits of working with Talisman Casualty Insurance Company.
A number of Talisman Casualty Insurance Company’s clients have left excellent reviews of the company on various platforms. One client says about their experience working with Talisman, “With the type of business we work in, we need specialized insurance. Many other companies could not provide all of the coverage we needed. Once I started working with Talisman, they blew my expectations away. They were able to provide packaged policies so that my business is fully covered from any risks. They are incredible, positive, and always helpful.”
Another of their clients says in a recent review of the company, “Talisman Casualty has been my marine insurance provider for years, and they have always been able to resolve claims service questions or concerns with just one call. You won't believe how affordable the rates are. If you are in the market for marine insurance, they are a company you should consider.”
Clients may learn more about Talisman's service by visiting the Nevada insurance company’s website. Alternatively, they may reach out to the company’s representatives for more personalized assistance.
For more information about Talisman Casualty Insurance Company, contact the company here:
Talisman Casualty Insurance Company
7881 W. Charleston Blvd, Suite 210 Las Vegas, NV 89117