About TRL

Board of Directors

Barbara J. Rhoades, OTRP

President/Treasurer

Joseph G. DeKoning, MTP

Vice President

Patricia L. Henderson, SRS

Secretary

Benefits of Membership Include:

Reliable source of liability and property reinsurance support for public transit pool and other stand-alone public transit agencies. 

Stability in coverage and rates during hard and soft markets.

Equitable rate-making based upon actuarially driven loss and exposure factors.

Sophisticated Licensing and regulatory support from the State of Vermont the largest captive domicile in the United States.

A-Rated or greater Reinsurers.

Flexible attachment points, generally, excess of $500,000 per occurrence.

Coverage documents are accepted from each member with flexible terms and conditions of coverage designed to follow form for each member.

Multiple lines of coverage available, including general liability, auto liability, employers liability, public officials liability, commercial property, auto physical damage and boiler and machinery. 

Member owned/membership control.   All captive surplus and investment income inures to the benefit of the Transit RE membership.

Representation on the Transit RE Board of Directors for all qualified participants.