Structure

The company is licensed in the Cayman Islands to reinsure risks from the issuing insurance company, Old Republic (rated A+ by Best’s). Old Republic is licensed and admitted providing coverage to the membership in the United States. The types of coverage written by Summit areWorkers’ Compensation, General Liability, Auto Liability and Auto Physical Damage.

Membership Criteria

Because each member of Summit is an owner, the following criteria has been established to ensure the quality of membership and long-term strength of the company:

  1. Management Commitment to Safety and Claims Management


  2. Financially Strong Company


  3. Loss Experience Better than Average for Industry Group


  4. Regular Attendance and Participation in Board Meetings


  5. Business Philosophy Compatible with Summit Insurance Ltd.


Care has been taken to provide accurate and up to date information on this website. However, we cannot guarantee the accuracy, availability or timeliness of this site, and we disclaim all representations and warranties as to this site. All information provided herein is subject to change without notice. The content of this site is provided solely for informational purposes and should not be relied upon or used for any other purpose. Nothing herein constitutes the offer of insurance or membership in our captive. Any such offer can only be made after detailed individual analysis by us and our service providers. We disclaim any and all knowledge of and responsibility for the content of any sites linked to herein and the content of any sites linking to this website.