FENTON, Mo., Aug. 9, 2011 (GLOBE NEWSWIRE) -- Vanliner Insurance Company, a leading insurer in the moving and storage industry, introduced Forum, an innovative alternative risk transfer (ART) insurance program developed exclusively for moving agents affiliated with Allied Van Lines.
Forum is Vanliner's second group captive program designed specifically for best-in-class moving and storage companies. The company launched its first group program, Compass, in November of 2010. Forum brings moving and storage agents together to form their own insurance program achieving more predictable insurance premiums regardless of market cycles and economic conditions. The program also offers many other valuable benefits including lower overall costs and the opportunity to receive a return of unused premiums and investment income.
"We are very pleased to roll out yet another ART insurance program designed specifically for the moving and storage industry," said Tony Mercurio, Chief Executive Officer of Vanliner. "Forum was created to provide a more cost-effective risk management solution for safety conscious moving agents. The program name is also fitting since the board meetings provide an excellent forum for interaction and the sharing of best practices. Most importantly, Forum members will have a say in important decisions including those that impact underwriting, loss control and investments. The launch of Forum is just one more step in Vanliner's mission to expand ART offerings tailored to meet the unique needs of moving and storage companies."
Forum participants benefit from Vanliner's expertise in the moving and storage industry, and the support of Vanliner's parent, National Interstate Insurance Company, a leader in ART programs for the transportation industry since 1995.
For more information on Forum, contact Dan Keenan at 800-325-3619 x4695 or email daniel.keenan@vanliner.com.
About Vanliner
Vanliner Insurance Company is a premier provider of insurance products for the moving and storage industry. Located in the St. Louis suburb of Fenton, Missouri, Vanliner is licensed in all 50 states. In July of 2010, National Interstate Insurance Company, a wholly owned subsidiary of National Interstate Corporation (Nasdaq:NATL), completed its acquisition of Vanliner. National Interstate, headquartered in Richfield, Ohio, is a specialty property and casualty insurance company with a focus on the transportation industry. National Interstate and its insurance subsidiaries, including Vanliner, offer insurance products and services designed to meet the unique needs of niche markets and are rated "A" (Excellent) by A.M. Best Company.