Transportation Risk Group (hereinafter TRG) was formed in early 1999 with the goal of providing claims insurance and risk management services to the transportation industry in New York, with emphasis on New York City Taxi (Medallion) owners and Livery Services.

TRG was a licensed Risk Purchasing Group and maintained a substantial offshore "Captive" servicing the above industry, in a time of need, due to the decreasing capacity of insurers to insure this type of risk, and the ever increasing insurance costs associated with this line of business.

TRG's philosophy was to offer insurance at reduced prices by Underwriting a select customer base and working with their representatives and brokers to reduce claim and operating costs enabling TRG to pass on the savings to the policy holders.

TRG offered its clients reduced premium levels, risk management, and personal customer service that exceeded market expectations.

TRG promulgated underwriting rules and regulations in an effort to stabilize claims and rising insuring premiums during a turbulent insurance market.

During this period, TRG's management decided to research the ability of acquiring an existing insurance company to further our goals and long term objectives.

On or about January 2004, TRG acquired all the issued and outstanding shares of common stock of Fiduciary Insurance Company of America (hereinafter FICA), an insurance company organized and licensed to write accident and health insurance under the laws of the State of New York.

With the financial strength, integrity, and seasoned insurance professionals of TRG and the subsequent purchase of FICA, we shall offer to the market an exceptional and innovative product, while at the same time maintaining the level of comfort and service our clients are accustomed to.