Sinclair Risk & Financial Management, one of the largest independent insurance agencies in New England, was proud to present the Motor Transport Association of Connecticut (MTAC) with a dividend check for $494,000 during the MTAC Annual Meeting on October 25.
“We are very pleased to be able to present this check to the MTAC,” said Marty Shea, senior vice president of sales for Sinclair Risk & Financial Management. “This shows how much our Safety Group is growing, and at the same time improving safety.”
The amount was paid directly back to participating members as part of MTAC’s Insurance Safety Group, which provides commercial property/casualty coverage (including workers’ compensation) to qualified members through Sinclair and Acadia Insurance. These dividends are paid when loss ratio thresholds are met.
“This is terrific news, and this number is far bigger than anything we expected,” said MTAC President Joe Sculley. “This is a testament to MTAC members’ focus on safety, as well as the great risk management policies that Sinclair provides for businesses in the group.”
The MTAC/Sinclair/Acadia Safety Group is open to eligible new participants. To be eligible, a business must be a MTAC member and be approved by Acadia underwriters. For more information on Sinclair and how to get involved with the group, visit srfm.com.