Our Mutual Management Services provide the end-to-end management of mutual insurance companies and associations.
Our services cover every aspect of those companies' operations; from underwriting, claims management and delivery of safety services, to regulatory, accounting and administrative operations, end-to-end technological support, investment management, customer service, corporate governance and company secreterial services.
130 years ago, a group of ship-owners agreed to cover each other's 3rd party liabilities, rather than relying on commercial insurance. They asked their trusted coal merchant, Charles Taylor, to look after the money – creating a mutual insurance company: the Standard Club. The club is the fourth largest protection & indemnity (P&I) club in the world; it has a relationship with 25% of world shipping & directly insures around 10%.
Charles Taylor provides every function and every employee to this insurer – and in doing so, we resolve some of the of the world’s largest and highest-proﬁle marine insurance losses.
Over thirty-ﬁve years ago, several enterprising waterfront employers in the USA came together to create a mutual to save on the cost of their workers' compensation. Signal Mutual was formed and appointed Charles Taylor as its manager. Today, Signal Mutual is the largest provider of Longshore workers’ compensation insurance to employees working in ports and terminals in the USA.
All offshore operators active in exploration and production on the UK Continental Shelf are party to a voluntary oil pollution compensation scheme known as OPOL. OPOL was established to meet offshore pollution claims under the Offshore Pollution Liability Agreement 1974. Charles Taylor provides ﬁnance and administration services to the Association.
SCALA provides workers’ compensation insurance to the majority of Canada’s ship owners. We have worked with SCALA since the mutual was founded, providing dedicated management services that enable the business to achieve more.
Find out how our wide range of services can support and benefit your business.