Through a sponsored cell structure, TIG enables transit agencies and pools to establish or join individual captive "cells." Each cell functions as a separate legal entity, ensuring no sharing of risk or liabilities between them.
HOW IT WORKS
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Interested public transit agencies can either:
Join an existing cell
Apply for membership in a current TIG-sponsored cell that aligns with your agency’s needs
Form a new cell
Collaborate with TIG to establish a new sponsored cell tailored to your agency’s specific requirements.
Membership Requirements
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No traditional procurement process is necessary.
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Members must adopt an Intergovernmental Participation Agreement to formalize their involvement.
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Agencies may also hold independent memberships in multiple cells to access additional limits and flexibility.
Join or Form a Captive
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Coverage and Governance
Each protected cell operates as a distinct captive with no shared liabilities or risks between cells.
Each cell:
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Is governed by its own board, including at least one Vermont-based director.
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Develops unique business plans, policies, collateral, and bylaws.
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Procures its own services under structures determined by its board.
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TIG provides administrative support and ensures that all vendors are selected through open procurement processes.
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Benefit from Collective Strength
By participating in TIG’s sponsored cell structure, members gain:​
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Access to liability and property reinsurance
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Reduction in administrative costs and time
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Resource and knowledge sharing among peers
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Synergy in idea and risk management
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Alignment with the values and needs of the public transit community
Insurance Solutions by and for Public Transit
TIG helps public transit agencies take control of their risk through innovative captive insurance structures—backed by experienced guidance and collaborative management.