Formed in July 2007, General Contractors Insurance, Ltd. (GCI) is a member-owned group captive aimed at the insurance needs of commercial general contractors. General Contractors Insurance, Ltd.’s objective is to provide its members long term control of their insurance destiny by limiting the adverse effects of the cyclicality of the insurance industry on their business.
The mission of GCI is to provide the highest quality insurance protection and for its non-related shareholders. By joining together to create true sharing of risk, the shareholders can control their insurance costs and avoid the volatility of the traditional insurance industry. Additional benefits are created through the stabilization of premiums and the improved management of risk through effective loss control.
The Company, through the active participation of its shareholders, provides the long-term security of a well-managed insurance company. To meet this goal, only those providers of services that can meet the highest standards of excellence shall be associated with GCI.