Las Vegas PCC Insurance - Talisman Casualty Launches Claims Management Service
Carson City, Nevada -
The claims management program delegates authority to selected firms that have extensive experience, knowledge of local markets, and who operate with the highest degree of ethics and integrity. With the new launch, state-of-the-art technology brings efficiencies to the claims process streamlined within the cell, providing a high level of service for participants.
More information is available at https://www.talismancasualty.com/claims.
Claims account for the majority of a captive’s expenses - and efficient claims management allows for greater claims control and can reduce costs through early identification of incurred losses. The newly launched service uses local adjusters who meet high ethics and competency criteria.
Captive insurance is an alternative to traditional commercial insurance. It can be more cost-effective and tailored to the specific needs of the insured. In a cell captive model, a participant company self-insures by owning a class of shares to form a cell. PCC or segregated cell captive (SCC) insurers establish legally segregated cells so that the assets and liabilities in each cell are separated with no risk-sharing.
As the website reports, 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 and the use has expanded with insurance agencies, associations, and smaller companies partnering with existing captives.
The cutting-edge claims technology used by Talisman Casualty gives immediate feedback on the overall impact of claims and can decrease the time needed to make adjustments due to the efficiency of data aggregation within a cell captive. The proprietary claims software is more cost-effective than the licensed software that is developed for large commercial insurers.
Talisman Casualty serves the specialty insurance sector and also offers surety and marine programs, pet professional coverage, and programs for self-employed to medium-sized businesses.
A spokesperson for the company said, “Service is our number one priority. Connecting with insureds involves spending time understanding their business, understanding when they want to take more risk and when they want to be conservative.” Interested parties can find more information by visiting https://www.talismancasualty.com/contact-us.
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