National Interstate Insurance Co. Adds Crane, Rigging Specific Program

 September 11, 2013 - National Interstate Insurance Company said it will complement its existing Titan Captive Program with a new traditional insurance product designed specifically for crane, rigging, heavy haul, and specialized carriers. The company is actively seeking brokers to market the new program, which will be available beginning in December.

 

National Interstate will offer the traditional insurance product in all 50 states through an open retail distribution network. Coverages are tailored to meet industry needs and include auto liability, physical damage, workers' compensation, motor truck cargo, general liability and related coverages.

 

"By adding this option, we are able to offer a robust and innovative insurance portfolio including first-dollar, deductible and alternative risk transfer, such as our group rental captive Titan, and our single account captive program for larger customers," said Shawn Los, assistant vice president at National Interstate. "No matter what product a customer selects, they will have access to our dedicated and experienced service professionals. Claims are handled by in-house adjusters, and our risk management staff has extensive resources and services to help customers run the safest operation possible."

 

"Having entered the crane, rigging and specialized carrier market in 2006, we not only fully understand the unique needs of specialty operators, we have the financial strength and stability required in this industry," said Tony Mercurio, executive vice president and chief operating officer of National Interstate.

 

According to Mercurio, National Interstate is rated A (Excellent), with a positive outlook, by A.M. Best Company and has once again been recognized by Forbes as one of its 100 Most Trustworthy Companies, receiving the highest score.