Artex launches new construction group captive programme
Artex has formed a new group captive programme for construction companies in the US.
The Construction Risk Containment Insurance Company (CRCIC) was created in order to provide a solution for construction companies within the US that are generally viewed as riskier in the industry.
CRCIC is based in Grand Cayman and offers coverage for auto liability, general liability and workers compensation.
The target companies for this programme are corporations with a strong safety and risk management background, having at least $250,000 in premium.
Also, construction companies doing heavy civil, street and road, artisan, demolition and general contractors will be considered.