Talisman Casualty Insurance Company Brings Cell Captive Insurance To Small Business
Las Vegas, NV based Talisman Casualty Insurance Company is making cell captive insurance more accessible for small businesses across the US. As larger businesses typically have access to correspondingly larger pools of capital, this can make it easier for them to work with insurers. Cell captive insurance can level the field, but most will need an expert’s assistance to get underway.
As a firm that specializes in this specific field, Talisman Casualty Insurance Company has already devoted several years to helping businesses get off the ground even if they have been rejected by conventional insurers. This rejection, the firm explains, is often attributed to the client’s perceived risk, which insurers may be unwilling to take on. With cell captive insurance, however, the need for an outside party’s insurance policies is effectively eliminated — the client would instead be managing and controlling their own risk.
Typically, a business that has no insurance would likely suffer a great deal upon experiencing a major financial setback when an insurance claim comes in, especially if there is a lawsuit involved. When creditors call, every asset that belongs to the business could potentially be seized under certain circumstances. However, cell captive insurance allows a business to create a legally ring-fenced entity that acts as their own insurer. Since this entity is legally removed from the original business, any risk it takes on will be its own to deal with, thus providing a layer of protection. The subsidiary entity in this case is known as the cell, and this arrangement can also be utilized to create flexible policies that match the primary business’ needs in rapidly evolving markets.
This process, however, has to be implemented carefully to ensure every facet of its operations is established within the bounds of the law. Relatively few are likely to have heard of cell captive insurance, let alone have any expertise in utilizing it, and this is why Talisman Casualty Insurance Company has proven to be invaluable to businesses in Nevada and beyond.
With the firm’s involvement, a business can swiftly bring an end to any delays caused by a lack of insurance, but working with Talisman Casualty Insurance Company also comes with a number of other benefits that a business will want to consider. For instance, the firm makes bonds and insurance policies available to principals who join the captive as participants (by executing a participation agreement and becoming a shareholder), thereby enabling access to a wide range of insurance-related services. The company is also known for maintaining a strong relationship with every client.
M. Austin notes in their review of the firm, “You won't find better service or kinder employees with any other insurance company. The staff is wonderful; they are always willing to help and respond quickly to any questions or requests we have. Talisman has our highest recommendation.”
M. Domokos also says, “With the type of business we work in, we need specialized insurance. Many other companies could not provide all of the coverages 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.”
Several will similarly find great utility in the Talisman claims experience. The firm has invested in its claims technology to the point where it can now offer custom-tailored claims management to every client, increasing efficiency and responsiveness across the board. Talisman Casualty Insurance Company adds that their use of proprietary claims software (integrated into a cell captive program) offers cost savings that can be passed onto the client. In essence, this allows businesses to enjoy the benefit of services on par with those afforded by much larger organizations — at lower costs.
Customer service is paramount at Talisman Casualty Insurance Company, and the team makes themselves available to clients to ensure all concerns are addressed in a timely manner. Talisman Casualty Insurance Company further invites interested parties to visit the firm’s offices in Las Vegas, NV, to have a personal discussion with the team.
A full consultation can be scheduled as well. The firm looks forward to helping small businesses reach their full potential. Whether a client wishes to learn more about Talisman lawsuits, claims, bonds, programs, or any other topic, they are welcome to get in touch by phone or email.
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For more information about Talisman Casualty Insurance Company, contact the company here:
Talisman Casualty Insurance Company
800-318-5317
info@talismancasualty.com
7881 W. Charleston Blvd, Suite 210 Las Vegas, NV 89117
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