Talisman Casualty Insurance Company Offers Innovative Protected Cell Captive Insurance Services to Underserved Industries

June 22, 2023 - /PressAdvantage/ - Talisman Casualty Insurance Company is helping businesses leverage the protected cell captive insurance model to mitigate risk in fledgling industries.

Protected cell captives offer a modern approach to insurance for businesses that don’t have similar coverage options made available to them by conventional insurance carriers. They are, as Talisman Casualty Insurance says, the perfect insurance company for niche programs where access to capacity through international reinsurance markets can expand their ability to grow.

The spokesperson for Talisman Casualty Insurance elaborates on the needs of modern entrepreneurs by saying, “Today, around 15 million Americans are self-employed, charting their own path in industries that have just begun to find a market and get widespread social acceptance. For example, pet professionals such as pet walkers, sitters, and trainers are not a large enough demographic for large corporations to design custom coverage options for. However, they still need a way to manage the risks in their business ventures. This is where the protected cell captive insurance model comes in.”

Talisman Casualty serves businesses that choose to self-insure to make up for the lag in the commercial market for gap products. By grouping growing businesses in a captive cell with its peers, the company creates risk management solutions that fit specific business objectives and can also potentially lower their overall insurance costs. Talisman Casualty also goes one step beyond by offering programs that are not only flexible and secure but also fast to implement, allowing clients to quickly respond to changing market conditions.

Currently, Talisman Casualty offers several programs for a diverse range of industries. Its flexible and service-oriented Surety Program is made for small contractors and unique surety risks which have limited market capacity. Its Marine package program offers coverages that brown water contractors and fishermen need to manage business risk. Its Small Business GL program is designed for small businesses and independent contractors, such as pet professionals, who carry GL insurance.

To date, Talisman Casualty Insurance Company has over 7000 captives licensed worldwide and manages over $55 billion of captive premiums globally. In Nevada, where the company is domiciled, it boasts over 200 licensed captives and over $4 billion of captive premiums. For more information about its business model, its efficient claims management technology, and the several Talisman Casualty lawsuits avoidance strategies it employs, business owners are urged to visit its website.

Clients from all over the United States have repeatedly thanked Talisman Casualty for providing them with high-quality and all-encompassing coverage options. The company even boasts an exemplary overall rating of 4.9 out of 5.0 on its Google Business Profile from nearly 40 reviews.

One client praises the service they received from the company by saying, “As someone who's been in the insurance industry for years, it's rare to find a company that genuinely cares about their clients. But this one truly does. The attention to detail and personalized service made me feel like they genuinely care about covering my business.”

Another reviewer talks about how the company was able to provide it with much-needed coverage when others couldn’t by saying, “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.”

Talisman insurance policies and bonds are duly licensed, regulated, and authorized insurance transactions governed by the laws of the State of Nevada Department of Insurance. 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 can get in touch with the representatives at Talisman Casualty Insurance at (800) 318-5317 or [email protected] to learn more about its offerings and the Talisman Casualty claims process.

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For more information about Talisman Casualty Insurance Company, contact the company here:

Talisman Casualty Insurance Company
800-318-5317
[email protected]
7881 W. Charleston Blvd, Suite 210 Las Vegas, NV 89117

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