Titan Insurance Company
Titan Insurance Company
901 Wilshire Dr, Suite 550
Troy, MI 48084
Titan Insurance Company is an automobile insurance provider known as one of Michigan’s leaders in Specialty Auto. Titan Insurance provides personal and commercial automobile insurance to drivers in the United States, as well as offering claims services. The company was founded in 1991 and is based in Troy, Michigan. Titan Insurance Company operates as a subsidiary of Nationwide Mutual Insurance Company, the sixth biggest property casualty insurance carrier in the United States, as well as number 108 on the Fortune 500.
Titan Insurance wrote its first private passenger automobile insurance policy in the early 1990’s. The company owned an aggressive growth plan through acquisitions. Ten years later, Titan Insurance indeed successfully grew and is now one of the biggest Specialty Auto carriers in the state of Michigan. In 2003, Titan Insurance was purchased by Nationwide Mutual Insurance Company, now its parent company. In 2009, Titan and its affiliated companies ranked as one of the top ten nonstandard automobile insurers in the United States with $265 million in net premiums written.
Titan Insurance is a solidly capitalized company committed to providing quality service to customers and agents. Clients can expect Titan Insurance to provide them with the kind of service that assembles relationships, since the company understands the importance of building strong, and long lasting relationships with its agents, customers and employees. Titan Insurance treats its policyholders well by protecting their interests through prompt, fair and personalized service. It provides methods of convenience as well, allowing them to make their payment directly from their checking accounts, savings accounts or credit cards, as well as providing excellent claims service to help them in their time of need.
Titan Insurance provides protection to individuals against financial hardships due to accidental losses. The company has full service branches located all over the country. Its commitment is to supply market-specific products and value added services to its agents and customers. Titan Insurance offers specialty (nonstandard) personal and commercial automobile insurance to suit the needs of a diversity of drivers. The company insures most licensed drivers regardless of their driving record, insurance history or amount of driving experience. Titan Insurance also provides policy discounts and reasonably priced payment plans. It sells its products through independent agents and known as one of the top ten writers of specialty auto in the country.
Titan’s commercial products were developed to meet clients’ and agents’ needs for hard to place monoline commercial auto risks. The breadth of risk types and vehicles and drivers accepted are the strengths of this program. It has additional features including low down payments, liability limits of up to $1,000,000 CSL, Form E or SR-22 filings and no Gross Vehicle Weight restrictions.
On July 6, 2010, A.M. Best Co. affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” for Titan Insurance. The outlook for both ratings is stable.
These ratings reflect Titan Insurance’s solid capitalization, historically profitable operating results and defined mission of providing claims made based contractual liability insurance coverage to Ethos Group, Inc. (Ethos) and its subsidiaries.
Kathy Mabe is the company’s President, while Mark Watson serves as the company’s Secretary. Tom Specht is Titan Insurance’s Vice President.