RICHFIELD, Ohio, Sept. 10, 2013 (GLOBE NEWSWIRE) -- National Interstate Insurance Company, a leader in transportation insurance since 1989, announced that it will complement its existing Titan Captive Program with a new traditional insurance product designed specifically for crane, rigging, heavy haul and specialized carriers. The company is actively seeking brokers to market the new program, which will be available beginning in December.
National Interstate will offer the traditional insurance product in all 50 states through an open retail distribution network. Coverages are tailored to meet industry needs and include auto liability, physical damage, workers' compensation, motor truck cargo, general liability and related coverages.
"We are excited to capitalize on our established expertise in this highly specialized market by working with customers in search of a traditional insurance solution," said Shawn Los, Assistant Vice President at National Interstate. "By adding this option, we are able to offer a robust and innovative insurance portfolio including first-dollar, deductible and alternative risk transfer, such as our group rental captive Titan, and our single account captive program for larger customers. No matter what product a customer selects, they will have access to our dedicated and experienced service professionals. Claims are handled by in-house adjusters, and our risk management staff has extensive resources and services to help customers run the safest operation possible."
"Having entered the crane, rigging and specialized carrier market in 2006, we not only fully understand the unique needs of specialty operators, we have the financial strength and stability required in this industry," said Tony Mercurio, Executive Vice President and Chief Operating Officer of National Interstate. "National Interstate is rated A (Excellent), with a positive outlook, by A.M. Best Company, and has once again been recognized by Forbes as one of its 100 Most Trustworthy Companies, receiving the highest score. We are also looking forward to providing a distribution platform that allows retail agents to work directly with us -- a partnership that has been difficult to find in this MGA driven marketplace."
National Interstate is an active member of the Specialized Carriers & Rigging Association (SC&RA) and has been since 2006. The Company was a sponsor of the SC&RA 2013 Annual Conference held in April, and will also be exhibiting at the Crane & Rigging Workshop being held on September 18-20, 2013 in Orlando, Florida.
Brokers and others seeking more information about National Interstate's crane, rigging, heavy haul and specialized carrier programs may contact Paul Stock at email@example.com, or 800-929-1500 x1551.
About National Interstate
An Insurance Experience Built Around You.
National Interstate Insurance Company, a wholly owned subsidiary of National Interstate Corporation, is a specialty property and casualty insurance company with a niche orientation and focus on the transportation industry. We differentiate ourselves by offering insurance products and services designed to meet the unique needs of targeted insurance buyers. Products include insurance for passenger, moving and storage, and truck transportation companies, alternative risk transfer, or captive insurance programs for commercial risks, specialty personal lines consisting of insurance products focused primarily on recreational vehicle owners and small commercial vehicle accounts, and transportation and general commercial insurance in Hawaii and Alaska. National Interstate and its insurance subsidiaries, which include Vanliner Insurance Company and Triumphe Casualty Company, are rated "A" (Excellent) by A.M. Best Company. Founded in 1989, we are headquartered in Richfield, Ohio with operations in Kapolei, Hawaii, Mechanicsburg, Pennsylvania, and Fenton, Missouri.
CONTACT: Tanya Inama National Interstate Corporation 877-837-0339 investorrelations@NATL.comSource:National Interstate Insurance Company