National Contractors Insurance Ltd.

Structure & Criteria

structure

The company is licensed and managed in the Cayman Islands to reinsure risks from the issuing insurance company, Zurich North America that is licensed and provides coverage in the United States. The types of coverage reinsured by NCI are Workers’ Compensation, General Liability and Automobile.

membership criteria

Because each member of NCI is an owner, the following criteria has been established to ensure the quality of membership and long-term strength of the company:

  1. Management Commitment to Safety and Claims Management
  2. Financially Strong Company
  3. Loss Experience Better than Average for Industry Group
  4. Regular Attendance and Participation in Board Meetings
  5. Business Philosophy Compatible with other NCI members
  6. Minimum Annual Casualty Premium of $200,000