Transit Insurance Group (TIG) operates as a not-for-profit captive insurance company domiciled in Vermont, exclusively owned by public transit entities.
WH0 WE ARE
Intergovernmental Participation
Built on Cooperation
Members join through an Intergovernmental Participation Agreement, reinforcing TIG’s foundation of shared governance, transparency, and collaboration among public entities.
Collaborative Risk Thinking
Idea and Risk Management
TIG fosters collaboration across its membership—encouraging idea-sharing, best practices, and mutual support to strengthen collective risk management and financial stability.
Formed by Transit Systems
TIG is governed and owned by its public transit members—not a private insurer—ensuring alignment with public sector values and needs.
Publicly Owned
Flexible Risk Management
TIG enables members to either create their own sponsored captive cell or join an existing one. Each cell operates independently—maintaining separate risk, assets, and governance—while benefiting from TIG’s shared administrative
and operational support.
Sponsored Cell Structure
Streamlined Participation
Because TIG is owned by political subdivision public transits, agencies can participate without traditional insurance procurement—reducing administrative time, cost, and barriers to entry.
No Procurement Required
To provide public transit systems with collaborative, cost-effective insurance solutions that strengthen risk management and support long-term success.
VALUES
CORE
• Public Service: Supporting transit systems and their communities.
• Collaboration: Strength through shared purpose.
• Integrity: Transparent, accountable, trusted.
• Innovation: Solutions for tomorrow's risks.
• Autonomy: Independent members, united support.
MISSION
Meet The Team
Barbara J. Rhoades
President/Treasurer​​​​​
Ohio Transit Risk Pool, CEO
Kelly Bales
Vice President
​Greater Lapeer Transit, Executive Director
Patrick Theriault
Managing Director
Strategic Risk Solutions, Vermont Manager
