|
INFORMATION
This page provides access to CalTIP's Calendar of Events
and a list of links to other Web sites that may be of interest.
If your transit operation is interested in pursuing membership, our underwriting
process is as follows:
1. Completion of Application - The application form is submitted
by your organization. CalTIP staff can assist you as you prepare the application. A
non-refundable application fee of $500 and $25 per revenue vehicle (above the
first ten) is charged to all applicants and must be received with the written
application.
2. Review for Completeness - CalTIP staff will review your
application for completeness, and will attempt to secure missing data by
phone. Copies of the application are then sent to CalTIP's risk management
consultant and broker, and loss prevention specialist if necessary.
3. Review by Consultants - The application will be reviewed
concurrently by CalTIP's risk management consultant, broker, and loss prevention
specialist. The broker will evaluate the acceptability of the applicant to the
excess insurer. The risk management consultant will analyze the applicant's current
exposures, loss history, desired deductible/self-insured retention level, and
the applicants’ current risk management or safety program. The loss prevention
specialist may conduct site visits to inspect the applicant's general safety
activities.
4. - Site Visit/Recommendation to Underwriting & Safety Committee -
After receipt of reports from the risk management consultant, broker and loss
prevention specialist, CalTIP staff will visit the applicant's site to verify
the applicant material. Staff then summarizes the finding of all consultants
and develops a recommendation for review and action by CalTIP's Underwriting & Safety
Committee.
5. Action by the Board of Directors - The Underwriting & Safety
Committee's recommendations are then forwarded to the CalTIP Board of Directors
for final approval or rejection, at one of the regularly scheduled meeting of
the Board. Applicants are not required to appear before the Board, and will be
notified upon the Board's decision.
If you would like to request additional information or would
like a member solicitation package sent to you, please complete
the information below.
|