TRISURA INSURANCE COMPANY
Trisura Insurance Company (TIC) is a US based specialty insurance carrier, headquartered in Oklahoma City, Oklahoma. We are rated A- (excellent) by AM Best with a Financial Size Category of IX. TIC is admitted with surety capabilities in 49 states and the District of Columbia. TIC owns a non-admitted carrier, Trisura Specialty Insurance Company (TSIC), who writes excess and surplus lines business nationwide. TSIC owns an admitted carrier, Bricktown Specialty Insurance Company (BSIC), who will begin writing excess and surplus lines business nationwide in 2022.
TIC focuses on the program segment of the market, where we will take minority risk positions on profitable niche-oriented programs controlled by professional program administrators. The target size for our programs is between $5-$20 million in annual premiums. TIC writes a broad range of lines and types of risks and businesses. We aim to partner with “best in class” administrators who have profitable books of business, strong underwriting discipline and a profit-driven mentality. Rewarding partners for strong bottom line results is a top priority, and this is reflected in our profit sharing arrangements.
The senior management at TIC has built a solid track record of writing profitable program business. We have assembled a team of professional underwriters and analysts whose sole focus is servicing our program clients. A disciplined approach to underwriting, combined with advanced data analytic capabilities helps our clients become more profitable over time and our proprietary data interface seamlessly integrates with our client’s pre-existing systems and workflows.
Solid Reinsurance Partnerships
TSIC partners with “A rated” reinsurers or very highly collateralized financial partners. Our reinsurance relationships help us maintain a consistent, long term approach to program business and protect our balance sheet. We purchase customized treaties for each program from reinsurers who understand the value of your business. We strive to deliver customer-focused and user-friendly solutions, working with our clients and reinsurance partners to create long-term and profitable relationships.
Our Bonds Begin Here
We aspire to be your surety of choice. We develop relationships with our brokers and agents. We truly believe we are your business partner and as such we don’t just filter through financial information and applications. We meet with you and your clients, hear their stories and find ways to grow all of our businesses in a shared spirit of entrepreneurialism. We recognize that when our brokers, agents and their clients grow and prosper, we do the same. We find innovative ways to incorporate all the merits of an account into our decisions and look for ways to say ‘yes’ rather than ‘no’, underwriting with skill, purpose and urgency. We maintain the long view and as such we’ll be with you through the ebbs and flow of the business cycle, valuing long term relationships.
Strong Parent Company
TIC is a subsidiary of Trisura Group Ltd., a leading international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market. Trisura Group Ltd. is listed on the Toronto Stock Exchange under the symbol “TSU”.