Titan Insurance, Ltd. (the Company) began operations on February 1, 2014 to provide heavy construction contractors with a more customized, affordable and stable insurance alternative. The mission of the Company is to provide the highest quality insurance protection for its non-related shareholders.
The Company is a homogeneous member-owned group captive targeting best-in-class, safety-focused contractors and service companies, including but not limited to, the areas of Steel Erection, Heavy Highway Construction and Maintenance, Bridge Construction and Maintenance, Scaffolding Contractors, Industrial Contractors, Utilities Contractors, and Demolition Contractors.
The Company, through the active participation of its shareholders, provides the long-term security of a well-managed insurance company. To meet this goal, only those service providers with proven expertise in their respective field of insurance support services, and those that can meet the highest standards of excellence, are associated with the Company (See Support Structure section for further details). These service providers are evaluated on an ongoing basis by the Board, including specific surveys in respect of claims administration and loss prevention services.