About NCIC

"Making General Liability Coverage Affordable"

Formed as a risk retention group, NCIC offers some major advantages to its policy holders and members:

• Preferential Member Rates & Conditions
• Highly Competitive Pricing
• Stable, Long-Term Coverage
• User Friendly Forms
• Efficient Risk Management
• Better Loss Control
• Highly Specialized Construction Knowledge
• Quick Binding & Quote Service Typically Within 48 Hours

Registered States Arizona California Colorado Florida Illinois Nevada New Mexico New York Texas Utah Wash DC

NCIC focuses exclusively on builders, contractors and sub-contractors. Organized and formed by a distinguished group of insurance professionals specifically for the purpose of pooling contractor general liability risks, NCIC provides general liability insurance to builders and contractors throughout the United States.

Coverage is tailored specifically to the contractor marketplace. NCIC can react quickly to market and member needs. Our unique structure permits fast and flexible policy, form and rate changes.

ABOUT RISK RETENTION GROUPS

What is a A Risk Retention Group?
A Risk Retention Group, or "RRG," is a member-owned business association formed specifically for the purpose of pooling and sharing business risks. Members of an RRG must be in the same or similar business groupings, i.e. general contractors, sub-contractors and builders. (All members must be in the construction trade.)

A key benefit to RRGs is the fact that since each policy holder is also a member who participates in profits, each policy holder has an incentive to engage in proactive loss control to try to avoid claims. The members can adopt better loss control and quickly identify other members whose risk management is sub-standard and either assist them in their risk management or have them take their insurance business elsewhere.

RRGs must be licensed in at least one state, which is their “Domiciled State”. Once licensed, the RRG under the Federal Liability Risk Retention Act of 1986 to underwrite its members insurance risks nationwide, including giving preferential rates, terms and conditions to groups seeking liability insurance coverage. RRGs can underwrite most types of General Liability policies such as:

• Product Liability Insurance
• General Liability

There are over 200 Risk Retention Groups operating throughout the United States with over $1 billion in surplus. The simple fact is that members of an Risk Retention Groups know their business better than anyone else. That fact alone often gives the Risk Retention Groups an underwriting edge over traditional insurance companies.