Ullico Casualty is the risk solutions provider for labor. To meet this special mission, we create insurance products designed to grow the labor movement. From our core Fiduciary Liability insurance for multiemployer and public benefit funds, to our Captive solutions that help reduce the cost of Workers' Compensation for unionized employers, Ullico Casualty is providing solutions for the risk problems of our labor affinity market.
We offer a comprehensive portfolio of property and casualty insurance products, including Fiduciary and Union Liability insurance, Commercial Lines insurance and Captives and Alternative Risk Solutions.
Fiduciary Liability Insurance [1]
Trustees and other fiduciaries of multiemployer and public benefit funds face significant personal liability. For over twenty-five years, fiduciaries have relied on Ullico Casualty because we understand how to protect them. Our Fiduciary Liability experts update our insurance coverages as liabilities evolve and know how to resolve fiduciary claims to protect the personal assets of our policyholders. [More] [1]
Union Liability Insurance [2]
Under federal labor law, officers and directors of labor unions can be exposed to personal liability but must defend themselves, in certain circumstances, at their own expense. We have customized insurance coverage that allows them to confidently perform their jobs without worrying about personal exposure. Our Union Liability policy covers the duty of fair representation, employment practices liability, financial management of the union and personal injury liability. Our Individual Labor Leader endorsement provides defense cost protection to safeguard the personal assets of union officials when unions are prevented from indemnifying them. [More] [2]
Commercial Lines Insurance [3]
Ullico Casualty offers a comprehensive portfolio of Commercial Lines insurance products to fit the needs of today’s union workplace. Our Commercial Lines products include Property, General Liability, Automobile, Mechanical Breakdown, Inland Marine, Crime, Umbrella and Workers’ Compensation coverage. We provide risk solutions to unions and union employers. We offer additional risk management resources to minimize potential liability exposures. Our Workers’ Compensation products include programs that help reduce upfront premium costs so our policyholders may achieve long term growth and success. [More] [3]
Captives and Alternative Risk Solutions [4]
Ullico Casualty partners with trade groups, union employers, insurance agencies and individual programs to develop successful captive insurance programs. Under a captive insurance program, you may share in the underwriting profits gained from good loss experience to help reduce your cost of risk over time or to create a profit center. Our resources include Ullico Captive PCC, a protected cell captive domiciled in Washington, DC, and Ullico Risk Solutions LLC, which provides alternative risk solutions such as captive design and management services. [More] [4]