Talisman Casualty Insurance Marine Program Secures Businesses On The Water

May 06, 2022 at 15:27

Carson City, Nevada -

Las Vegas, Nevada-based Talisman Casualty Insurance Company is encouraging small to medium-sized businesses in the marine industries to consider their Marine Program. As an expert in cell captive insurance, the company is ready and able to give such businesses much-needed support in both identifying and controlling their own risk.

One of the main advantages of working with a cell captive expert such as Talisman Casualty Insurance Company is that most conventional insurers will be quite unwilling to work with marine contractors, to begin with. Talisman, unlike their counterparts in the insurance industry, can help businesses that are otherwise considered to have far too much risk to insure. Larger businesses, particularly those that have been operating for decades and have a much larger financial cushion to absorb losses with, have little need for such alternative risk transfer options since they already have the momentum to maintain themselves. However, the same cannot be said for smaller businesses that are still in the early stages of their growth.

Wanda M. is a small business owner who has experienced this for themselves. In their 5-Star review, they explain, “A‎‎‎‎‎‎‎‎‎‎‎‎s a‎‎‎‎‎‎‎‎‎‎‎‎ s‎‎‎‎ma‎‎‎‎‎‎l‎‎‎‎l‎‎‎‎ business owner, it can‎‎‎‎‎‎‎‎‎‎ b‎‎‎‎‎‎‎‎‎‎‎‎e v‎‎‎‎er‎‎‎‎‎‎‎‎y‎‎‎‎ har‎‎‎‎‎‎‎‎d‎‎‎‎ t‎‎‎‎‎‎‎‎‎‎‎‎of‎‎‎‎in‎‎‎‎‎‎‎‎d‎‎‎‎ i‎‎‎‎ns‎‎‎‎u‎‎‎‎r‎‎‎‎ance for‎‎‎‎‎‎‎‎‎‎ a‎‎‎‎‎‎‎‎‎‎‎‎ p‎‎‎‎ri‎‎‎‎‎‎c‎‎‎‎e‎‎‎‎ t‎‎‎‎ha‎‎‎‎‎‎‎‎t‎‎‎‎ I‎‎‎‎‎‎‎‎‎‎‎‎ c‎‎‎‎an‎‎‎‎‎‎‎‎‎‎ a‎‎‎‎ff‎‎‎‎o‎‎‎‎r‎‎‎‎d.‎‎‎‎ T‎‎‎‎al‎‎‎‎i‎‎‎‎s‎‎‎‎man has‎‎‎‎‎‎‎‎‎‎ i‎‎‎‎ns‎‎‎‎u‎‎‎‎r‎‎‎‎an‎‎‎‎ce p‎‎‎‎ac‎‎‎‎k‎‎‎‎a‎‎‎‎ge‎‎‎‎s w‎‎‎‎he‎‎‎‎‎‎r‎‎‎‎e‎‎‎‎ t‎‎‎‎he‎‎‎‎‎‎‎‎y‎‎‎‎ c‎‎‎‎an‎‎‎‎‎‎‎‎‎‎ w‎‎‎‎or‎‎‎‎‎‎‎‎k‎‎‎‎ w‎‎‎‎it‎‎‎‎‎‎‎‎h‎‎‎‎ y‎‎‎‎ou‎‎‎‎‎‎‎‎r‎‎‎‎ b‎‎‎‎ud‎‎‎‎g‎‎‎‎e‎‎‎‎t.‎‎‎‎ M‎‎‎‎‎‎‎‎‎‎‎‎y a‎‎‎‎ge‎‎‎‎‎‎n‎‎‎‎t‎‎‎‎ w‎‎‎‎as‎‎‎‎‎‎‎‎‎‎ extremely helpful, and s‎‎‎‎he‎‎‎‎‎‎‎‎‎‎ seemed very committed about l‎‎‎‎ea‎‎‎‎r‎‎‎‎n‎‎‎‎in‎‎‎‎g my b‎‎‎‎us‎‎‎‎i‎‎‎‎n‎‎‎‎es‎‎‎‎s. T‎‎‎‎al‎‎‎‎i‎‎‎‎s‎‎‎‎ma‎‎‎‎n s‎‎‎‎ee‎‎‎‎‎‎m‎‎‎‎s‎‎‎‎ v‎‎‎‎er‎‎‎‎‎‎‎‎y‎‎‎‎ dedicated to their new c‎‎‎‎li‎‎‎‎e‎‎‎‎n‎‎‎‎ts‎‎‎‎, and‎‎‎‎‎‎‎‎‎‎ I‎‎‎‎‎‎‎‎‎‎‎‎ h‎‎‎‎ad‎‎‎‎‎‎‎‎‎‎ a‎‎‎‎‎‎‎‎‎‎‎‎ great experience with them.”

Talisman Casualty Insurance Company is proud of their ability to serve a wide variety of clients, no matter what their individual insurance needs may be. In every case, the team makes it their mission to learn as much about the business in question as possible, identifying its strengths and weaknesses — and determining what kind of policies would best serve its needs in turn.

This is clear in another review from Adam G. They share that, “W‎‎‎‎‎‎‎‎‎‎‎‎e h‎‎‎‎av‎‎‎‎‎‎‎‎e‎‎‎‎ o‎‎‎‎ur‎‎‎‎‎‎‎‎‎‎ y‎‎‎‎ac‎‎‎‎‎‎h‎‎‎‎t‎‎‎‎ c‎‎‎‎ov‎‎‎‎e‎‎‎‎r‎‎‎‎ed‎‎‎‎ through Talisman. The price was extremely‎ fair,‎‎‎‎ and they offer‎‎‎‎ t‎‎‎‎on‎‎‎‎‎‎‎‎s‎‎‎‎ o‎‎‎‎‎‎‎‎‎‎‎‎f d‎‎‎‎if‎‎‎‎f‎‎‎‎e‎‎‎‎re‎‎‎‎nt c‎‎‎‎ov‎‎‎‎e‎‎‎‎r‎‎‎‎ag‎‎‎‎e o‎‎‎‎pt‎‎‎‎i‎‎‎‎o‎‎‎‎ns‎‎‎‎. W‎‎‎‎‎‎‎‎‎‎‎‎e g‎‎‎‎ot‎‎‎‎‎‎‎‎‎‎ o‎‎‎‎ur‎‎‎‎‎‎‎‎‎‎ b‎‎‎‎oa‎‎‎‎‎‎‎‎t‎‎‎‎ c‎‎‎‎ov‎‎‎‎e‎‎‎‎r‎‎‎‎ed‎‎‎‎ w‎‎‎‎it‎‎‎‎‎‎‎‎h‎‎‎‎ h‎‎‎‎ul‎‎‎‎‎‎‎‎l‎‎‎‎ coverage, m‎‎‎‎ar‎‎‎‎i‎‎‎‎t‎‎‎‎im‎‎‎‎e e‎‎‎‎mp‎‎‎‎l‎‎‎‎o‎‎‎‎ye‎‎‎‎rs l‎‎‎‎ia‎‎‎‎b‎‎‎‎i‎‎‎‎li‎‎‎‎ty, and comprehensive general liability u‎‎‎‎nd‎‎‎‎‎‎e‎‎‎‎r‎‎‎‎ T‎‎‎‎al‎‎‎‎i‎‎‎‎s‎‎‎‎ma‎‎‎‎n. S‎‎‎‎‎‎‎‎‎‎‎‎o whether you run‎‎‎‎‎‎‎‎‎‎ a‎‎‎‎‎‎‎‎‎‎‎‎ commercial b‎‎‎‎oa‎‎‎‎‎‎‎‎t‎‎‎‎ o‎‎‎‎‎‎‎‎‎‎‎‎r y‎‎‎‎ou‎‎‎‎‎‎‎‎r‎‎‎‎ p‎‎‎‎er‎‎‎‎s‎‎‎‎o‎‎‎‎na‎‎‎‎l b‎‎‎‎oa‎‎‎‎‎‎t‎‎‎‎,‎‎‎‎ Talisman can g‎‎‎‎et‎‎‎‎‎‎‎‎‎‎ y‎‎‎‎ou‎‎‎‎‎‎‎‎‎‎ t‎‎‎‎he‎‎‎‎‎‎‎‎‎‎ r‎‎‎‎ig‎‎‎‎‎‎h‎‎‎‎t‎‎‎‎ coverage you need.‎‎‎‎ Their limits are high, and the pricing was way better than the other quotes I received from other companies.”

By engaging in cell captive insurance, marine contractors gain access to global reinsurance markets that enable them to work with a host of highly competitive providers. The firm explains that each of these providers and partners has been vetted to ensure they exemplify the same high standards of technical acumen and ethical conduct as Talisman themselves, so clients simply have to look for the right policy for their needs.

Talisman Casualty Insurance Company adds that their goal with each client is to establish a long-lasting open relationship since it is crucial for the company to understand their business, especially where existing risk management methods are concerned. A look at the business forecast is necessary as well, as this ensures that the insurance coverage provided can be tailored to fluctuating exposures.

The company offers Maritime Employers Liability (MEL), Hull and Protection & Indemnity (Hull / P&I), and Comprehensive General Liability (CGL) once the client has been admitted into the program cell. In addition to marine contractors, they assist fishing operations, tug and barge businesses, and other marine entities that own assets that are on the water.

Volatility is an undeniable and unavoidable part of the marine market, but businesses that work with Talisman gain enough flexibility to adjust their insurance program to meet the challenges of changing cash flow and exposure as quickly as possible. The company’s efficient claims processing service also enables participants to benefit from Talisman Casualty lawsuit avoidance strategies that the firm has implemented for years.

Clients are invited to look up further details on the company’s Marine Program — or captive cell insurance — on the firm’s official website as well as other online resources. Alternatively, they may get in touch with the firm’s customer service team to learn how their insurance issues can be addressed.

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

Talisman Casualty Insurance Company
800-318-5317
info@talismancasualty.com
7881 W. Charleston Blvd, Suite 210 Las Vegas, NV 89117