Talisman Casualty is a protective cell captive insurance company that serves the specialty insurance industry by offering protected cells to underwriters who have need of a regulated medium through which they can transfer risk and direct access to capacity through reinsurance and alternative risk finance markets. The insurance provider’s services are always commercial in nature, and only available to businesses that participate in an underwriting cell. Litigation in the modern insurance market is one of the main drivers of cost so factors which are controllable must be constantly re-examined to find savings so that industries which are highly litigious such as construction, corporate finance, commercial auto, and others do not continue to see rates rise until coverage prevents these companies from being profitable.

“Protected cell captive insurance companies are a perfect solution to launch a new product or expand capacity in restricted markets,” Talisman Casualty says. “By establishing unique underwriting cells, the risk can be segregated, collateralized and ceded, all within a legally ring-fenced structure. Many experts believe that half of the property and casualty insurance premium in the United States has captive insurance company involvement. Most S&P 500 companies utilize captive insurance, but the use is becoming much broader as insurance agencies, associations and smaller companies partner with existing captives.”

Talisman Casualty provides clients with all the necessary infrastructure to take advantage of the protected cell model. The process of establishing captives can be quite challenging, and is somewhat similar to the process of licensing a normal commercial insurer. However, there are a number of benefits to using a captive structure. It allows insureds to access international reinsurance markets directly and negotiate pricing.

Claims can be managed in a more efficient way within the cell, and security can be structured where there is little to no risk retained if that is the desire of the participants. Likewise, a participant wishing to assume greater risk can structure retentions which lowers their premium and gives them more skin in the game. Each of the unique protected cells under Talisman’s control is treated as a separate business.

Interested parties are encouraged to get in touch with Talisman Casualty Insurance Company’s customer service representatives to follow up on any further inquiries. Social media users may reach out to the firm through their preferred platforms as well to stay up to date with their latest news and announcements. Read more here: Talisman Insurance Lawsuits & Programs.