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About The Texas Auto Dealers Self Insured Group
The Texas Automobile Dealers Self Insurers Group
(TADSIG), a self-insurance group designed
exclusively for members of the Texas Automobile Dealers
Association has just celebrated its first year of doing business. Legislation enacted in
2004 enabled the formation of self-insurance groups for members of
bona-fide trade associations for the first time in Texas. The Texas
Automobile Dealers Association is proud to be one of the first
private associations in Texas to receive a
certificate of approval from the Department of Insurance to
operate as a workers' compensation self-insurance group. The purpose of the group is to provide
more than just workers' compensation coverage; it provides industry-specific resources for automobile dealers
that take ownership in workplace safety and want to have an active
role in mitigating losses. A proactive approach
to handling claims and an investment in safety can reap long-term
cost savings. More importantly, it provides a safe
working environment for your most valuable asset – your
employees. TADSIG is owned by the members, and unlike commercial insurance companies that must achieve return on equity, cash flow, and other objectives to increase share price for the benefit of stockholders, TADSIG focuses on member risk mitigation through dealer-specific, value-added services coupled with an efficient expense structure and member dividend potential.
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