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GEMINI TRANSPORTATION UNDERWRITERS Experience. Integrity. Protection.

Gemini Transportation Underwriters

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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. 

[email protected]

GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com

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Vehicular Segment

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Vehicular Customers

617-310-8201

[email protected]

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

[email protected]

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

[email protected]

GEMINI TRANSPORTATION UNDERWRITERSwww.geminiunderwriters.com

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Railroad Segment

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Railroad Customers

617-310-8201

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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

[email protected]

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.