VALE Transportation | Onyx Insurance | Security Camera | FAQ
Onyx is a risk retention group, a stock insurance company that is owned by its policyholders, with a specific mandate to offer automotive liability insurance. Onyx is domiciled in the State of Tennessee and regulated by the Tennessee Department of Insurance.
As a risk retention group, Onyx does not participate in, and customers are not eligible to access, state guarantee funds.
Onyx’s fundamental philosophy is to be a long term “partner” with those livery company owners that are absolutely committed to follow a disciplined approach, developed by Onyx, to risk management. In return, Onyx makes several commitments to a policyholder: first, through a stable fair priced premium; second, through financial rewards for good history in the current year; and, third, through a meaningful partnership relationship.