Spirit Commercial Auto RRG, Inc. (Spirit), a risk retention group that specialises in U.S.-based transportation liability insurance, has completed the extension of its reinsurance placement through 2019, in conjunction with Wesco Insurance Company.
The extension will take Spirit through its eighth year of operations offering comprehensive liability insurance protection to trucking companies and truckers, solutions that are available to retail agents through CTC Transportation Insurance.
CTC Transportation Insurance aims to provide retail agents with fast quoting technology, an in-house binding facility, multiple brokerage markets and superior customer service.
According to a statement on the reinsurance extension, CTC’s underwriters are experts in the trucking business, and the company prides itself in offering policies that cover single units and large fleets.
President, Brenda Guffey, commented; “It is exciting to receive the support of our reinsurance partner to help facilitate our strong growth curve. As we enter our sixth year of operation serving the transportation industry, I look forward to the prospect of Spirit’s continued growth and success.”
