President of STICO
Colin Donovan is the President of STICO Mutual Insurance Company, RRG. STICO Mutual specializes in providing general liability, pollution liability, and contractual liability insurance to 150 storage tank, process vessel, and related equipment manufacturers and petroleum equipment contractors throughout the nation.
STICO Mutual was formed in 1988 during the liability insurance crisis and has been a stable source of liability coverage for its members ever since. STICO Mutual has maintained a 95% membership retention rate and 32% loss ratio since its formation. It has also returned over $5.8 million in policyholder dividends to its members over its history.