Talisman Casualty Insurance Is Offering Risk Management Services to Maritime Businesses
April 13, 2023 at 16:34
Carson City, Nevada -
The Marine Program by Talisman Casualty Insurance is helping maritime businesses secure their ventures in an industry notorious for being high-risk and unpredictable.
Talisman Casualty offers protected captive cell insurance to marine contractors, fishing operations, and other types of maritime businesses based on their risk management objectives. With a cell captive structure that only allows the best, most vetted, marine businesses in the industry to be a part of it, participants in the cell get peace of mind knowing they are in good company.
The company’s Marine Program provides three kinds of insurance to small- and medium-sized marine accounts. First, the company’s Maritime Employer’s Liability (MEL) policy typically provides coverage for an insured business’s employees while working on non-owned or operated vessels. Next, Talisman Casualty Commercial General Liability (CGL) policies protect business owners against claims of liability for bodily injury, property damage, and personal and advertising injury, such as slander and false advertising.
Finally, Talisman offers Hull and Protection & Indemnity insurance as a package to its maritime clients. Hull Insurance offers coverage against damage to a covered vessel. Protection and Indemnity coverage is liability insurance for practically all maritime liability risks associated with the operation of a vessel, other than that covered under a workers' compensation policy and the collision clause in a hull policy.
“We focus on building long-term relationships with our marine clients,” says the spokesperson for Talisman Casualty. “By forming close working alliances with the management and employees of participating accounts, we gain a deep insight into their business and can offer them coverage fine-tuned for their current needs. Our years of experience working with clients in the maritime industry have also made us exceedingly efficient at processing claims, which is facilitated by our state-of-the-art claims management technology. Visit our online resources to find out more about who is Talisman Casualty Insurance and what we can do for you.”
Las Vegas businesses have made their approval of Talisman Casualty’s services known in their reviews. The company has an impressive overall rating of 4.9 out of 5.0 from over 35 reviews on its Google Business Profile with customers praising its helpful and reliable customer service and affordable packages.
One reviewer recommends its Marine Program by saying, “Talisman Casualty Insurance has been a valuable resource for my dad’s boats on both a personal and professional level. I would like to offer them 10 Stars for being the ONLY company that I am aware of with staff that supports you all along the journey.”
Another recent review praising its services says, “They are often mentioned as one of our preferred marine insurers. They are a delight to deal with, efficient, and they handle our claims quickly and thoroughly. Over the years, the customer support team has been a huge assistance. 5 Stars!”
Talisman Casualty Insurance Company is an alternative risk transfer option for liability and property insurance. The insurer offers protected cells to underwriters who have seasoned books of business and need a regulated vehicle to transfer risk and direct access to capacity through reinsurance and alternative risk finance markets. Talisman insurance policies and bonds are duly licensed, regulated, and authorized insurance transactions governed by the laws of the state of Nevada.
Apart from its Marine Program, the company also has a Surety Program and a Pet Professional Program, all indicative of its dedication to supporting businesses that don’t have many risk management options made available to them by traditional insurers. Bonds and insurance policies are made available to principals who join the captive as participants by executing a participation agreement and becoming a shareholder. All coverage provided by Talisman is commercial and is only available to those businesses that participate in an underwriting cell.
Readers can get in touch with the Marine Underwriter at Talisman, Gina Ekyl, at firstname.lastname@example.org for inquiries about the company’s Marine Program. All Talisman capital, surplus, reserves, and financial records are maintained per the provisions and regulations of NRS Chapter 694 C (Captive Insurers).
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