Missouri
10 February 2017
Reporter: Katherine Brown

Safety National adds captive services


Safety National has added captive services and guaranteed cost workers' compensation to its list of client products.

The captive service will provide coverage flexibility and services catered to maximise the company’s contribution to the captive’s overall risk-financing strategy.

The captive services are aimed at captives that require a risk-sharing partner and supplies admitted and non-admitted paper.

Additionally, it provides statutory coverage for workers’ compensation and flexible limits for other lines like auto liability, commercial general liability, miscellaneous liability and inland marine with rent-a-captive options also available.

Lisa Lacey Willitts, national director for captives, will serve as captive services’ primary contact for inquiries and business requests.

The guaranteed cost workers' compensation product, which requires a minimum for programme eligibility of $750,000, will serve large employers in need of a first-dollar programme.

The company holds preference for specialty classes that includes hotels and related hospitality, light manufacturing, technology, retail and food-related industries.

Abbie Berg, large guaranteed cost underwriting manager, will be the primary contact for inquiries and business requests for cost workers' compensation.

Tom Hebson, vice president of large guaranteed cost workers’ compensation and captive serves at Safety National, commented: “Both of these product lines are a natural and logical fit for Safety National.”

He continued: “They fit firmly into our specialised expertise, containing many of the same characteristics of our core business offerings, and also align nicely with our overall capabilities. We are extremely pleased to make these new options available to our clients and look forward to developing risk-financing solutions that best meet their needs.”

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