On the Bus

WHO IS TransitRE?

TransitRe is a member owned reinsurance captive incorporated in 2004 offering property and casualty reinsurance specialized for public transit.

 
  • RELIABLE source of liability and property reinsurance support for public transit pools and other 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 $250,000 per occurrence.

  • COVERAGE DOCUMENTS are accepted from each member with flexible terms and conditions of coverage designed to follow form for each member.

  • MEMBER OWNED /member controlled.  All captive surplus and investment income insures to the benefit of the TransitRE membership.

  • REPRESENTATION on the TransitRE Board of Directors for all qualified participants.

 

MEET THE BOARD

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Barbara J. Rhoades

President

Ohio Transit Risk Pool, CEO

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Joeseph Dekoning

Joseph G. Dekoning

Vice President

Michigan Transit Pool

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Richard Wells

Treasurer

Strategic Risk Solutions

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Patrick Theriault

Patrick Theriault

Managing Director

Strategic Risk Solutions, Vermont Manager

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TransitRe Membership

 
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Michigan Transit Pool has been a member of TransitRe since its inception in 2004.  They are based out of Okemos, MI and run miles across their 35 transit members.  Their Executive Director is Glen Griffin and is represented at TransitRe by Joe DeKoning. 

Ohio Transit Risk Pool has been a member of TransitRe since its inception in 2004.  They are based out of Wadsworth, OH and run over 39 million miles across its 14 transit members.  Their CEO and representative at TransitRe is Barbara Rhoades. 

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Northern Arizona Intergovernmental Transportation Authority, aka Mountain Line, has been a member of TransitRe since 2020.  They are based out of Flagstaff, AZ and run over 1 million miles as a single transit entity.  Their CEO and General Manager and representative to TransitRe is Heather Dalmolin.