NASHVILLE, Tenn., — Atlas Risk Group, in partnership with Commercial Insurance Associates (CIA), today announced the formation of the first group captive insurance company designed exclusively for the railroad construction industry, offering qualified rail contractors a member-owned, risk-sharing alternative to the traditional insurance market.
Developed through CIA’s Railroad Construction Practice led by Kevin Pomeroy and Jordan Goff, the proprietary Atlas–CIA captive program allows railroad contractors to capitalize on their proven safety performance, stabilize insurance costs, and retain underwriting profits traditionally absorbed by commercial carriers.
“For decades, railroad construction has been one of the safest segments in heavy civil construction,” said Kevin Pomeroy, head of CIA’s Railroad Construction Team. “As the nation’s leading railroad insurance specialists, we know the data, the loss experience, and the discipline of this industry. This captive was designed so contractors finally benefit financially from the safety they already deliver.”
The group captive provides coverage for general liability, automobile liability, and workers’ compensation, with actuarially structured limits designed to improve predictability and long-term planning. Participating members retain a portion of their risk while building reserves within the captive, separate from their operating balance sheets.
Key benefits of the Atlas–CIA Railroad Construction Captive include:
• Member ownership and governance
• More predictable insurance costs through actuarial planning
• Loss control incentives aligned with railroad safety culture
• Retention of underwriting profits and investment income
• Potential tax advantages and dividend distributions
• Long-term reserve building outside the company balance sheet
“This is about knowing where you’re going — and controlling how you get there,” said Jordan Goff of Commercial Insurance Associates. “Our clients understand their risk, control their losses, and now have a structure that rewards that discipline while creating long-term financial value.”
The captive is available to qualified railroad construction firms that meet underwriting, safety, and financial criteria. Atlas Risk Group provides captive management, governance support, actuarial coordination, and reinsurance placement, while CIA oversees program design, member selection, and ongoing risk advisory services.
“Commercial Insurance Associates has been involved in the railroad insurance business since our founding,” said Scott Denbo, chief executive officer of Commercial Insurance Associates. “Railroad contractors were among our earliest clients, and their commitment to safety, discipline, and long-term planning helped shape how we think about risk. This captive is a natural evolution of that legacy that allows the railroad construction industry to control its future, not just react to the insurance market.”
About Atlas Risk Group
Atlas Risk Group specializes in captive insurance management and alternative risk solutions for complex, industry-specific risks, helping organizations retain control, build reserves, and align insurance strategy with long-term business goals.
About Commercial Insurance Associates
Founded in 2002, Commercial Insurance Associates, LLC is an Insurance Journal – Top 100 independent property and casualty insurance broker in the US, and was recently named a Top Workplace by The Tennessean. With over $400 million in premium volume written, CIA’s 150 employees are committed to providing superior solutions to clients’ risk management needs. Licensed in all 50 states and currently representing select international clients, CIA’s client portfolio ranges from publicly held companies to local start-up ventures. The company has offices in Nashville, Greenville, SC, Jacksonville, FL, and Los Angeles. CIA – Commercial Insurance Associates
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Anna Grimes
Fortune’s Path
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