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There are several factors you should consider when choosing an insurance company
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Why United?United Insurance Company Limited has been serving the printing industry for more than 40 years. “Founded by Printers for Printers,” a number of UIC's Board of Directors are current or former owners of printing companies in the United States, Canada and Bermuda. UIC has hosted more than 300 meetings held by printing associations where printers are called upon regularly to provide industry guidance to United. The company has substantial capital, surplus and reinsurance available to meet all of its insurance obligations. UIC is audited annually by PricewaterhouseCoopers and reinsured by Lloyds of London. More than $13 million has been paid to printers in the United States and Canada to settle insurance claims. These programs have helped printers recover losses during work stoppages, protected their bottom lines from devastating claims, and in many cases provided the means for survival. A major concern for open shop owners is the threat of an organizing attempt by a union seeking to represent the company’s employees. To help fight off these attempts, UIC in 1997 developed Union Organizing Defense Insurance (UODI). Costs incurred in defending the company against an organizing attempt are covered up to the limits of the policy purchased. In 2000 UIC added United Risk Solutions Ltd. (URSL). As an alternative insurance provider, URSL offers companies the opportunity to establish their own insurance captive by renting its facility. The “Rent a Captive” insurance business has become so popular that a large portion of the insurance market is handled through captive companies. |