RICHFIELD, Ohio, May 17, 2011 (GLOBE NEWSWIRE) -- National Interstate Insurance Company ("National Interstate"), a leading provider of transportation insurance, announced it has entered the ambulance insurance market through a relationship with McNeil & Company, Inc. ("McNeil"). The Ambulance Services Insurance Program ("ASIP") is an insurance solution created specifically for emergency and non-emergency medical transportation operators. ASIP is administered by McNeil, with insurance coverages and claims services being offered jointly by National Interstate and McNeil. McNeil also provides loss control and risk management services.
This specialized insurance program was designed for best-in-class for-profit emergency and non-emergency medical transportation companies with a commitment to safety excellence. The ASIP program provides a comprehensive coverage package, superior claims management and extensive loss control services. Through the new relationship between McNeil and National Interstate, members will enjoy several product enhancements.
"National Interstate is extremely pleased to partner with the professionals at McNeil & Company, a renowned leader in the ambulance industry," said Dave Michelson, President of National Interstate. "The ASIP program is a natural alignment with our niche focus and expertise in wheels-based insurance that we have built over the last 22 years. The combination of National Interstate's exceptional transportation claims management paired with McNeil's ambulance experience and risk management programs brings outstanding value to insureds in this very specialized industry."
Dan McNeil, President of McNeil, commented, "We are very excited about our new relationship with National Interstate. As a leading provider of passenger transportation insurance, National Interstate is a natural fit for the ASIP Program. We know that every ambulance service provider has unique insurance needs and requires a specialized insurance package to fully protect itself. McNeil & Company and National Interstate together have the knowledge and experience that is necessary to tailor coverages for this particular class of business. Our decision to partner with National Interstate was the logical progression in our desire to enhance and expand the ASIP Program, and will help keep us at the forefront of policy innovation and program stability."
To learn more about the ASIP Program, please visit McNeil & Company's website at www.mcneilandcompany.com, or contact us at info@mcneilandcompany.com. To learn more about National Interstate's transportation insurance programs visit , or email marketing@NATL.com.
About National Interstate
National Interstate Insurance Company, a wholly owned subsidiary of National Interstate Corporation (Nasdaq:NATL), is a specialty property and casualty insurance company with a niche orientation and focus on the transportation industry. We differentiate ourselves by offering insurance products and services designed to meet the unique needs of targeted insurance buyers. Products include insurance for passenger, moving and storage, and truck transportation companies, alternative risk transfer, or captive insurance programs for commercial risks, specialty personal lines consisting of insurance products focused primarily on recreational vehicle owners and small commercial vehicle accounts, and transportation and general commercial insurance in Hawaii and Alaska. National Interstate and its insurance subsidiaries, which include Vanliner Insurance Company and Triumphe Casualty Company, are rated "A" (Excellent) by A.M. Best Company. Founded in 1989, we are headquartered in Richfield, Ohio with operations in Honolulu, Hawaii, Mechanicsburg, Pennsylvania, St. Thomas, Virgin Islands and Fenton, Missouri.
About McNeil and Company Insurance and Risk Services
McNeil & Company was formed in 1989 by Daniel F. McNeil and provides specialized hands-on product design, risk management, underwriting and claims expertise for the emergency transportation sector from the company's original home office on Main Street in Cortland, New York. Premier products such as Emergency Service Insurance Program (ESIP) and Ambulance Services Insurance Program (ASIP), focus on providers of medical transportation and services. Additional programs and regional offices in Islandia, NY, and York, PA, and have been added allowing the company to provide enhanced products and services to specialized insurance and risk clients. Continued creation of new programs such as; FireWatch, designed for fire equipment distributors and fire & emergency apparatus dealers; HOMed, created to insure the special needs of home medical equipment dealers; WildPro, tailored to meet the needs of professional wildland fire fighting companies, and AdvenSure, insurance for outdoor recreation, ensure McNeil & Company's growth to the top of national insurance providers. McNeil & Company is risk management oriented and employs staff of the highest caliber. In an industry where reputation is everything, our company enjoys consistently solid marks when compared to other specialists or general suppliers of insurance.
CONTACT: Tanya Inama National Interstate Corporation 877-837-0339 investorrelations@natl.com http://invest.natl.com
