Talisman Casualty Insurance Is Bringing the Protected Cell Captive Insurance Model to Fledgling American Industries

April 14, 2023 at 17:01

Carson City, Nevada -

Talisman Casualty Insurance Company is offering the advantages of the protected captive cell insurance model to American business owners and entrepreneurs.

Talisman Casualty Insurance Company is a protected cell captive insurance company domiciled in Nevada that serves the specialty insurance sector. It offers protected cells to underwriters who have seasoned books of business and need a regulated vehicle to transfer risks. They also provide direct access to capacity through reinsurance and alternative risk finance markets. All coverage provided by Talisman is commercial and is only available to those businesses that participate in an underwriting cell.

“Large insurance companies are often slow to move into new and exciting industries,” the spokesperson for Talisman Casualty says. “While they definitely have the resources to make it happen, the bureaucracy and red tape that is inherent to their size and reach makes it difficult to serve businesses offering pioneering products and services. Entrepreneurs in industries that are getting off the ground and gaining widespread public approval, thus, need a risk management solution that recognizes their needs and can work efficiently regardless of the smaller scale.”

Protected cell captive insurance is the answer that such business owners have been looking for. By creating a cell composed of other businesses in the same industry, the risk can be equally shared, and nascent business ideas can be given the tools to reach their full potential. By employing strict requirements for entry into the cell, participants are given the assurance that their peers are working just as hard as them to succeed.

The spokesperson for Talisman Casualty Insurance talks about its programs by saying, “For clients in the high-risk maritime industry, we have the Marine Program which provides Maritime Employers Liability (MEL), Hull and Protection & Indemnity (Hull / P&I) and Comprehensive General Liability (CGL) policies. Our Pet Professional Program is designed for entrepreneurs building local businesses that take care of Americans’ trusted animal friends. Finally, our Surety Program helps businesses get access to credit in unstable market conditions that are unique to their industry.”

To process the claims within a cell, Talisman Casualty uses state-of-the-art claims management technology that is much more accessible than the software solutions used by traditional insurers. By remaining lean and focusing on customer service, customers received efficient Talisman claims management with a high level of responsiveness. Delegated claims authority is only given to firms that have extensive claims management experience, know the local markets where claims are made, and operate with the highest degree of ethics and integrity.

Talisman Casualty Insurance has succeeded in gaining the approval and appreciation of its clients in Las Vegas and from all over the country. On its Google Business Profile, the company has a near-perfect 4.9 out of 5.0 overall rating. Reviewers note the customer service they received and the company’s reasonably priced coverage offerings.

One reviewer writes, “Talisman Casualty has been my marine insurance provider for years, and they have always been able to resolve claims service questions or concerns with just one call. You won't believe how affordable the rates are. If you are in the market for marine insurance, they are a company you should consider.”

Another customer compares Talisman’s services with those offered by its competition by saying, “It was a pleasure cooperating with Talisman Casualty. I can't speak highly enough about them. We were quoted half as much as we were paying with our previous provider, but our new plan offers far better rates and comprehensive protection.”

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 can get in touch with the company's representatives at (800) 318-5317 or info@talismancasualty.com to inquire about its services and Talisman lawsuit avoidance strategies.


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


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