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Specialty marine insurer to provide comp

Posted On: Jul. 1, 2019 2:33 PM CST


Trident Marine Managers Inc., a Houston-based specialty marine and offshore energy insurer and a part of Ryan Specialty Group LLC, on Monday announced an initiative to provide workers compensation through Signal Mutual Indemnity Association Ltd., a provider of Longshore and Harbor Workers’ Compensation Act benefits, in collaboration with Charles Taylor Management Services.

TMM will now offer Signal Mutual’s SafeShore Longshore workers compensation program to waterfront employers based in Texas and Louisiana, according to a statement.

The SafeShore Longshore workers compensation program, launched in 2014, is backed by Signal Mutual, and provides protection from uninsured subcontractors and workers compensation cover to smaller waterfront employers with limited exposures, according to the statement.

“To have the backing of Signal in this space is outstanding, and we look forward to a long and fruitful relationship for both parties,” Martin Hayes, managing director of Trident Marine Managers, said in the statement.