The 2007 numbers are in for National Contractors Insurance Company, Inc., A Risk Retention Group

• Another year of solid growth, with 2007 premiums increasing by 16.5% over 2006
• Strength and security – reinsured by am best rated a- ix, 95:5 quota share after 1st $10,000 – arguably one of the strongest RRG’s in the construction market
• Fabulous customer service, including 24 hour turn around on quotes
• Online quick-rater launching June 15, 2008

5/1/2007

It is our pleasure to announce effective May 1, 2007 Greenlight Reinsurance, Ltd (GL Re) is the reinsurance carrier for National Contractors Insurance Company, Inc., A Risk Retention Group (NCIC) on a 95% / 5% quota share of all losses in excess of $10,000.  GL Re now covers 95% of all loses in excess of $10,000 per claim.  This contract will run continuously until either party gives notice of cancellation.

GL Re is a property casualty reinsurance company rated “A-“(Excellent) VIII” by AM Best.  The Best’s rating report and current financial statements for GL Re can be found on their website at www.greenlightre.ky.