Have you heard about Talisman Casualty Insurance? Are you curious to learn more about them? If you can answer yes to either of these questions, then keep reading to learn a few things about this business.

We describe our company as a protected cell captive insurance company which provides service to members of the specialty insurance market. It does this by providing protected cells to a select group of underwriters.

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. By offering participants access to regulated structures, they can access international reinsurance markets and potentially lower their insurance cost and enhance its coverages to fit specific business objectives. All Talisman capital, surplus, reserves and financial records are maintained per the provisions and regulations of Talisman Casualty Insurance Company (“Talisman”) is an alternative risk transfer option for liability insurance.

Talisman Casualty Insurance Company utilizes a protected cell captive insurance business model. In this setup, the protected cells are offered to insurers who have seasoned books of business and need a regulated vehicle for transferring risk and allowing access to reinsurance and alternative risk finance markets. These cell captives are composed of a core and several cell entities that are legally separated from each other. Each of these cells has its own dedicated assets and liabilities and the core serves as a central fund much like the Lloyd’s of London market model. Having multiple layers of protection and acquiring a diverse and specialized business mix can allow the captive to grow even when the broader insurance market is seeing decline and rising cost And because the cells are legally separate, the assets of one cell cannot be used to answer for the liabilities of a different cell.

Claims Efficiency

Talisman uses various claims management service providers for each of our cell programs. We only give claims to firms who have extensive claims management experiences. We make it a point to investigate the degree of ethics and integrity of the providers.

Business Resources

Talisman believes that great service involves providing business resources and analytics to insureds that help them understand and manage risk more intelligently

Local Knowledge

Local knowledge and valuable feedback directly from our insureds allows us to adjust quickly and give greater flexibility understanding that the market never stops changing

To know more about Talisman Casualty Insurance, call us at 800-318-5317.