Safety National Adds Large Guaranteed Cost Workers’ Compensation and Captive Services to Product Offerings
Safety National Casualty Corporation has added two new offerings to its suite of products: large guaranteed cost workers’ compensation and captive services.
Safety National’s large guaranteed cost workers’ compensation offering caters to the unique business profile of sophisticated large employers in need of a first-dollar program. The program requires a minimum premium eligibility of $750,000 and preferred specialty classes consist of hotels and related hospitality, light manufacturing, technology, retail and food-related industries. Abbie Berg, Large Guaranteed Cost Underwriting Manager, will serve as the primary contact for inquiries and business requests.
Safety National’s captive services are available for captives in need of a risk-sharing partner, providing coverage flexibility and services tailored to maximize Safety National’s contribution to the captive’s overall risk-financing strategy. For this line of business, Safety National offers both admitted and non-admitted paper in addition to statutory coverage for workers’ compensation and flexible limits for other lines like auto liability, commercial general liability, miscellaneous liability and inland marine. Rent-a-captive options are also available. Lisa Lacey Willitts, National Director – Captives, will serve as the primary contact for inquiries and business requests.
“Both of these product lines are a natural and logical fit for Safety National,” said Tom Hebson, Vice President – Large Guaranteed Cost Workers’ Compensation and Captive Services at Safety National. “They fit firmly into our specialized 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.”