Talisman Casualty Insurance Company’s marine programs are helping maritime businesses adopt new risk management strategies to stay competitive in a demanding market.
Talisman Casualty aims to create long-term relationships with its maritime clients and they truly understand the challenges their industry is facing. With its expertise in protected cell captive insurance structures and state-of-the-art claims management technology, Talisman Casualty can create solutions that account for its maritime clients’ appetite for risk and business forecasts.
The spokesperson for Talisman Casualty talks about how it selects the companies it wants to work with by saying, “We vet the insured by thoroughly investigating their preparedness for the ebbs and flow of the maritime industry. To achieve this, we develop a strong working relationship with the executives leading the participant businesses in the cell. On the other end of the spectrum, our claims adjusters are handpicked based on their experience and professionalism. As customer service is a top priority for us, we only work with providers who have exhibited the ability to meet our clients’ demands.”
To minimize the risk for captives in the cell, Talisman Casualty’s selection process starts with accounts familiar to the group. New entrants are meticulously audited and their history of management decisions and adherence to safety practices is considered. The result of this stringent process is a captive cell of quality insureds who understand their industry well and operate with prudence even in challenging circumstances.
The Talisman Casualty Marine Program focuses on small to medium-sized marine accounts and provides Maritime Employers Liability (MEL), Hull and Protection & Indemnity (Hull / P&I), and Comprehensive General Liability (CGL) with admission into the program’s cell. The Maritime Employers Liability or MEL policy typically provides coverage for an Insured’s employees while working on non-owned or operated vessels. Commercial General Liability policies protect business owners against claims of liability for bodily injury, property damage, and personal and advertising injury (slander and false advertising).
Hull Insurance Coverage is protection 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 those covered under a workers’ compensation policy and the collision clause in a hull policy. These are often written together in a package.
The quality of the risk management and claims management services that Talisman Casualty provides is evident in its near-perfect overall rating of 4.9 out of 5.0 on its Google Business Profile. Customers don’t shy away from recommending the company’s services citing its flexible coverage options and affordable pricing.
One reviewer writes about their experience with the company’s marine program by saying, “Talisman Casualty is, and always has been, a reliable marine insurance provider to work with. Their rates are very reasonable, and their customer service is outstanding. We have no hesitation in recommending them to others.”
Another reviewer talks about how the company’s helpful customer service was able to secure their business by saying, “When I called just to inquire and ask questions, the agent was quite thorough in explaining coverage and I found that to be impressive. I phoned them again to be our Marine insurance provider, and ever since then, they have gone above and beyond in helping us with a wide variety of challenges.”
Talisman Casualty Insurance Company is an alternative risk transfer option for liability and property insurance. Talisman insurance policies and bonds are duly licensed, regulated, and authorized insurance transactions governed by the laws of the state of Nevada. 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 Talisman capital, surplus, reserves, and financial records are maintained per the provisions and regulations of NRS Chapter 694 C (Captive Insurers).
Readers interested in finding out more about Talisman Casualty’s Marine Programs can write to the company’s marine underwriter Gina Ekyl at [email protected]. Readers can also inquire about how its claims management technology can minimize Talisman Insurance lawsuits.
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