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mission of Global Hawk Insurance Company is to provide profitable,
quality insurance products to our customers, satisfying their needs
and exceeding their expectations. We will consistently provide exemplary
service with uncompromising integrity and professionalism.
The success
of the mission will allow global Hawk Insurance Company to continue
to protect and grow surplus for our shareholders and customers.
Global Hawk
Insurance Company is formed under the Liability Risk Retention Act
(LRRA) which is a federal law passed by Congress in 1986 to help U.S.
businesses, professionals, municipalities obtain liability insurance
which had become either unaffordable or unavailable due to the liability
crisis in the United States. In passing the Liability Risk Retention
Act, Congress provided insurance buyers with a marketplace solution
to the liability crisis, enabling them to have a greater control of
their liability insurance programs. This control translates into lower
rates, broader coverage, effective loss control/risk management programs
and stability of coverage.
A risk retention
group (RRG) is a liability insurance company that is owned by its
members. Under the Liability Risk Retention Act (LRRA), RRGs must
be domiciled in a state – Global Hawk Insurance Company is domiciled
in the state of South Carolina. Once licensed by its state of domicile,
an RRG can insure members in all states. As the LRRA is a federal
law, it preempts state regulation, making it much easier for RRGs
to operate nationally. As insurance companies, RRGs retain risk. The
Risk Retention Reporter has been monitoring the formation of risk
retention groups (RRGs) with the cooperation of state insurance departments.
For more information
on Risk Retention Group please log onto www.rrg.com
Our Mission
We specialize
in the unique needs of privately held commercial businesses. Sometimes
publicly held bureaucratic brokers cannot respond in the manner that
you would respond in your business. We recognize that prompt responses
and truthful answers are what you seek, along with effective use of
your insurance dollars.
The Peak of Your Success
At Global
Hawk Insurance Company we’ll work with you and your clients
to achieve the level of success you strive for. With unparalleled
personalized service and custom programs tailored to your individual
needs. We’ll help you build your business with products that
you will find almost effortless to market.
GHI specializes
in Commercial Auto/Trucking, General Liability, Physical Damage and
Cargo, Hired and Non-Owned. With superior service, Products, and quick
response…we’re here to serve you.
NAIC Number:
11948
Lic.
Number: 16083
Global
Hawk Logo
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