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5/11/2018 Gemini Transportation Underwriters - slidepdf.com
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GEMINI TRANSPORTATION UNDERWRITERS
Experience. Integrity. Protection.
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Introduction
▶ Gemini Transportation Underwriters was created to provide excess
liability insurance for surface transportation industry businesses.
▶ We underwrite excess liability insurance policies for the railroad
industry, the trucking industry, busing industry, and other industries
which use rubber-wheeled vehicles for over-the-road use.
▶ We divide our business into two segments: vehicular and railroad.
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Vehicular Segment
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Vehicular Customers
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
▶ Common Carrier Trucking Companies
▶ Long-Haul & Intermediate-Radius Truck
Load Carriers
▶ Less-Than-Truck Load Carriers▶ Contract Carriers & Dedicated Fleets
▶ Private Fleets
▶ Buses & Vans
▶ Commuter & Charter Buses
▶ School Buses
▶ Para-Transit
▶ Airport Shuttle Vans
▶ Dry Bulk Carriers
▶ Stone Aggregate Haulers
▶ Cement Movement (Mix-In-Transit
Included)
▶ Liquid Bulk Carriers
▶ Gasoline & Diesel Fuel Movers▶ Hazardous Waste Truckmen
▶ Chemical Haulers
▶ Milk Carriers
▶ Vehicle Leasing & Rental Companies
▶ Flat-Bed Trailer Motor Carriers
▶ Ammunition & Explosives Movers
▶ Household Goods Movers
▶ Residential & Commercial Waste
Removal
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Vehicular Coverage
▶ Gemini offers excess liability coverage only.
▶ Our minimum policy attachment point is $1 million of lossand our limits range from $1 million - $5 million.
▶ Coverage is available for the following liabilities:
▶ Bodily Injury
▶ Property Damage
▶ Punitive Damages Wraps - Facilitator
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Beyond BASICs
▶ Gemini’s experienced underwriters look beyond preliminary
facts such as CSA scores.
▶ Company formal safety policies are considered, as well as
historical loss records, miles per truck, driver experience
levels, and driver hiring & incentive policies.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Railroad Segment
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Railroad Customers
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
▶Class I Railroads
▶Regional Railroads
▶Short-Line Railroads
▶Commuter Lines
▶Transit Systems – Rail & Bus
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Railroad Coverage
▶ Gemini offers both primary and excess layer liability coverage for railroad policyholders.
▶ Our minimum policy attachment point is $5 million of loss for passenger railroads and
$50,000 of loss for freight railroads.
▶ Up to $25 million in liability limits is available.
▶ Specialty rail industry liability products include:
▶ Evacuation Expense
▶ Foreign Rolling Stock
▶ Fire Suppression Expense
▶ FELA Coverage
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Our Difference
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Risk Selection
▶ One of our greatest strengths lies in our underwriting
discipline. Out of the annual 2,000+ applications we receive
from transportation companies all across the country, we only
quote about 10%.
▶ This careful risk selection process enables us to offer lower
premiums for our customers and still maintain long-term
financial stability.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Innovative Approach
▶ An innovative and flexible business approach allows Gemini
to quickly adapt to changing market conditions and uniquely
design policy language and rates to meet the needs of
specific buyers.
▶ This case-by-case method means underwriters price each risk
on its own merits.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Underwriting Expertise
▶ Our transportation-specific focus combined with years of
underwriting experience gives Gemini a competitive
advantage when it comes to applying underwriting standards
and quality risk selection.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Financial Stability
▶ Gemini Transportation Underwriters is a subsidiary of the
W.R. Berkley Corporation, a Fortune 500 company.
▶ Our policies are issued on behalf of Gemini Insurance
Company, which received an A+XV financial strength rating
from A.M. Best Co. and an A+ rating from Standard & Poor’s.
▶ These strong financial ratings indicate long-term stability.
Gemini will be there when it comes time to pay claims. 617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Claims And Loss
Prevention Services▶ Our claims management services are handled through our sister
company, Carolina Casualty Insurance Company.
▶ Carolina Casualty has been handling trucking claims since 1952
and is long-known for superior customer service and fast, efficient
claims handling.
▶ Gemini policyholders also receive access to loss prevention
professionals with trucking and DOT experience.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Why Gemini?
▶ Underwriting excess liability insurance for transportation industry is our sole focus.
▶ We employ a disciplined underwriting approach that only selects the best risks, which
results in lower premiums for Gemini policyholders. Only 10% of the annual applications
we receive are quoted.
▶ Risks are assessed on a case-by-case basis and priced on their own merits.
▶ We offer liability coverage up to a $5 million net line capacity for our vehicular customers,
and up to $25 million in limits for our railroad customers.
▶ Our financial stability is backed by A+:XV rating from A.M. Best & Co.
▶ We have an excellent claims service department that has been handling transportation-
specific claims since 1952.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Insurance Trends
▶ We believe the insurance industry is beginning to change. General insurance
companies have no more historical profit from the past to hide the current
unprofitable accident years.
▶ Their less-disciplined approach to risk selection and product pricing will
result in premium increases and pricing volatility for customers.
▶ Our transportation industry focus and exceptional underwriting standards
can bring stability to your excess insurance program and protect your
company at a competitive price for years to come.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Next Steps
▶ Fairness in all we do is a guiding principle at Gemini Transportation
Underwriters. It is up to our customers to determine if we achieve our
objective – and we will make a continuous effort to provide you with
outstanding customer value and the highest level of personal service.
▶ Our thorough risk selection process is designed to produce carefully-priced
policies as promptly as possible. We aim to sustain long-term financial
strength and pricing stability while continuously satisfying the needs of all
our brokers and policyholders.
Ask your broker for a quote from Gemini.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
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Our Underwriters
Rocco P. Modafferi, CPCU, ASLI▶ 30+ years, casualty insurance▶ Former head of a national insurer’s
transportation group.
John G. Smith, CPCU, ARE▶ 30+ years underwriting experience▶ Previously served as excess auto
liability specialist for a national insurer.▶ Orchestrated start up of excess
transportation division for anotherinsurer before joining Gemini.
Heath Barker
▶ 15+ years underwriting experience▶ Previously served as a transportation
specialist for a national commercialinsurer.
617-310-8201
GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com
Jason Lewis▶ 8+ years underwriting experience▶ Served as an excess vehicular
liability specialist for anothernational insurance company and
operated on a countrywide platform.
Stephanie Donofrio▶ 8+ years underwriting experience▶ Formerly an excess transportation
underwriter for another insurer.
John Bearce▶ 5+ years underwriting experience
▶ Prior to Gemini, served in the excesstransportation department of anational insurance company.
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GEMINI TRANSPORTATION UNDERWRITERS
Experience. Integrity. Protection.
Gemini Transportation Underwriters, LLC is a leading provider of excess liability insurance for the transportation
industry. A subsidiary of the W.R. Berkley Corporation, Gemini delivers experience, integrity, innovative thinking,
and quality risk selection. A flexible business approach allows Gemini to quickly adapt to changing market
conditions and uniquely design policy language and rates to meet the needs of specific buyers. To learn more,
please visit us on the web at www.geminiunderwriters.com.