Brokers

Clients trust you, as their brokers and consultants, to deliver valuable and sound advice.  As the risk solutions provider for Labor, we protect and support today’s union workplace by offering innovative Property and Casualty products and Life and Health insurance. 

Real Estate brokers are key capital markets intermediaries for our Real Estate Investment Group.  Please visit the Real Estate Investment Group pages for our products and services.

Products

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Captives and Alternative Risk Solutions

Captives and Alternative Risk Solutions are developed through partnerships and individual programs. Our resources include Ullico Captive PCC, a protected cell captive, and Ullico Risk Solutions LLC, which provides alternative risk solutions, such as captive design.

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JATC Coverage

Our Joint Apprenticeship Training Committee endorsement on our Union Liability policy provides additional coverage specifically for JATCs called educator’s liability, which covers the risk JATCs face when their graduates utilize their job and safety training in the workforce.

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Group Accidental Death and Dismemberment Insurance

Group Accidental Death & Dismemberment is a valuable member protection when accidents strike. Ullico’s AD&D policies provide economical coverage should a member have a serious accident, and feature unique union-focused benefits, such as Strike Waiver of Premium.

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Medical Stop Loss Insurance

Medical Stop Loss provides innovative solutions to protect Taft-Hartley plans, municipalities and union employers self-funding their health plans from unforeseen catastrophic claims expenses. We offer Specific, Aggregate and Aggregate Prescription coverage.

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Prescription Benefit Management (PBM)

Prescription Benefit Management services through Prescription Solutions provide groups and their members with a comprehensive pharmacy benefit management plan. Expense management tools help achieve significant savings for unions and members.

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Fiduciary Liability Insurance

Fiduciary Liability Insurance protects the personal assets of trustees and other fiduciaries of multiemployer and public benefit funds. For more than 25 years, fiduciaries have relied on the Ullico Casualty Group because we understand how to protect them.

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Group Disability Insurance

Group Disability Insurance is key to the financial well-being of your members and employees should they be temporarily unable to work due to a qualifying injury or illness. We offer Short Term Disability coverage in many regions throughout the United States.

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Group Term Life Insurance

Group Term Life Insurance policies affordably provide your members and employees with the peace of mind that their families will be taken care of in the event of an untimely death by helping to meet financial obligations and maintain financial security.

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Commercial Lines Insurance

Commercial Lines Insurance is offered to fit the needs of today’s union workplace. Our comprehensive portfolio includes Property, General Liability, Automobile, Umbrella and Workers’ Compensation products.

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Union Liability Insurance

Union Liability Insurance covers the duty of fair representation, employment practices liability, financial management of the union and personal injury liability. Our Individual Labor Leader coverage provides defense cost protection for union officials’ personal assets.

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Vision Insurance Services

Vision insurance coverage for labor groups and their members is provided through VSP® Vision Care.  An extensive range of eyecare organizations offers services from eye exams to eyeglass frames and more.

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Quick Facts

  • Net income increased by $5.7 million, from $1.7 million in 2009 to $7.4 million in 2010.
  • Premium and fee revenue for 2010 was $314.0 million, a $26.6 million increase over 2009.
  • Union Labor Life opened for business on May 1, 1927 in Washington, DC.
  • Total assets under management as of December 31, 2010 were $5.6 billion, an increase from $5.4 billion at year-end 2009.