National Interstate Insurance Company, a transportation insurance company, has launched a new group rental captive for waste haulers. The company is now seeking operators in the waste industry to become founding members.
John Rich, director of environmental transportation at National Interstate, said: "It is very exciting to pioneer an alternative risk transfer programme created specifically for waste operators, especially since this segment has been extremely underserved when it comes to ART options. This group rental captive is an innovative risk management solution for waste operators who are committed to safety excellence."
National Interstate offers coverage including auto liability, auto physical damage, general liability, as well as workers' compensation. Targeted operations include residential, commercial and industrial collection, recyclers, construction and demolition debris removal, transfer stations, and material recovery facilities.
George Skuggen, vice president of truck products for National Interstate, said: "With 18 years of experience in transportation ART programs, we are pleased to launch this exclusive new program for waste operations. We have the expertise to serve this highly-specialized niche by delivering the highest level of service including in-house claims handling, dedicated customer service, and proactive risk management programs designed to help companies run the safest operation possible. Customers can also depend on our financial strength and stability. National Interstate is rated A (Excellent) by A.M. Best Company, and has been named [one of] Forbes 100 Most Trustworthy companies for four consecutive years."