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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 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 was created for the exclusive benefit of TADA members.  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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