Tennessee Insurance Guaranty Association
The Tennessee Insurance Guaranty Association (TIGA) was established in 1971 to serve as a safety-net for Tennessee policyholders and claimants in the event of property and casualty insurance company insolvencies. Operating as a not-for-profit entity, TIGA ensures the prompt payment of covered claims and unearned premiums, protecting residents from financial loss due to insurer insolvency.
Managed by an Executive Secretary and governed by a five-person board of directors, TIGA collaborates closely with the Tennessee Department of Commerce and Insurance to fulfill its mission. Funding for the association comes from assessments on member insurers and disbursements from liquidating entities, while its services do not extend to life or health insurance claims.
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