TRAX Insurance Ltd. was created in 1996 to help passenger transportation companies obtain adequate
insurance coverage at a more affordable and stable cost. The founding members of TRAX perceived that the
commercial insurance industry was not responsive to this basic business necessity. In forming TRAX, 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 Fortune 500 companies.
The mission of TRAX 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.
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 TRAX.
TRAX was founded on the approach that insurance is a manageable cost. By gaining knowledge of what drives
insurance company profits, TRAX shareholders have uncovered the mystery of the insurance industry and their
inequitable approach towards premium determination. Through ownership in TRAX, shareholders have indeed
taken control of their insurance destiny.