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2012 was yet another successful year for TSIL! Congratulations to all of our partners and our service
providers! You have fought a good fight and have emerged stronger and certainly wiser than before. I
would like to take a moment to list some of the key strengths of TSIL.
Our members: Since TSIL is a homogeneous captive - we are all in the same boat together. We
understand one another, we speak the same language, we face the same challenges, and we share in the
same victories. Frankly, that is one of the main reasons I am in TSIL. Each time I meet with my partners I
gain new insights that make me both professionally and personally stronger. As TSIL continues to grow in
longevity, these partner relationships become stronger and deeper. This is a true strength for our
company.
Our Service Providers: TSIL constantly strives to utilize the best thought leaders and technicians to serve
our insurance company. By being directly involved in the selection, utilization, and evaluation of those
service providers TSIL members are in control of how our service is delivered and by whom it is delivered.
That level of direct accountability ensures that our service providers continually upgrade their
performance for us; thus, making us a stronger and well managed company.
Our History of Producing Consistent Financial Results: Our balance sheet is strong. Our well-performing
shareholders consistently receive dividends. Our cash is invested with and managed by some of the
leading investment managers in the world. Our members have their financials reviewed annually to
ensure viability. Processes and policies are in place to coach each individual member to financial
success. TSIL is financially strong.
World-Class Risk Control: Through our state of the art TRIAD system, TSIL has put the ownership, the
responsibility and the tools used to control risks squarely in the capable hands of each member company
that TSIL insures. TRIAD is quickly becoming the place where TSIL members learn, share ideas, build
community, and support each other toward building stronger companies. We will not stop until each TSIL
member has reached World Class status in Risk Control.
These are but a few of the myriad of strengths TSIL brings to insuring the losses for the staffing
industry. As we continue to invest by participating fully, communicating freely, and operating with
integrity - we will continue to overcome the challenges the marketplace throws at us and we will continue
to thrive as an insurance company.
Sincerely,
Tim Hester
TSIL President |