Columbus Insurance Ltd. was created in 1994 to help businesses
obtain adequate insurance coverage at a more affordable and stable
cost. The founding members of Columbus perceived that the
commercial insurance industry was not responsive to this basic
business necessity. In forming Columbus, the goal of these
business owners was to increase buying power and allow member
companies many of the same advantages of control generally
afforded to only the large Fortune 500 companies.
The mission of Columbus Insurance Ltd. is to
provide the highest quality insurance protection for its
non-related shareholders. By bonding together to create true
sharing of risk, the shareholders can control their insurance
costs rather than being subject to the volatility of the insurance
industry. Additional benefits are created through the increased
assurance of coverage availability, the stabilizing of premiums
and the improved management of risk through effective loss
control.
Our 2007 Annual Report is now
available for downloading or viewing on-line.
The
company, through active participation of its shareholders,
provides the long-term security of a well-managed offshore
insurance company. To meet this goal, only providers of services
that can meet the highest standards of excellence are associated
with Columbus.
Columbus was founded on the approach that
insurance is a manageable cost. By gaining knowledge of what
drives insurance company profits, Columbus shareholders have
uncovered the mystery of the insurance industry and their
inequitable approach towards premium determination. Through
ownership in Columbus, shareholders have indeed taken control of
their insurance destiny.
