The California Transit Systems Joint Powers Authority, also known as the California Transit Indemnity Pool (CalTIP), is the result of the cooperative efforts of public transit operators acting collectively to meet their insurance needs. CalTIP was created in 1987 and began providing a liability coverage program for its 12 initial members. Since that time, CalTIP has added a Vehicle Physical Damage Program and has expanded its scope of services to meet the needs of its members. CalTIP now serves over 30 California transit operators.
The California Transit Indemnity Pool (CalTIP) has met all of the stringent professional standards established by the California Association of Joint Powers Authorities (CAJPA) in the areas of governance, finance, claims control, safety and loss prevention, excess coverage, and risk management. CAJPA’s accreditation process requires reviews by independent consultants in various areas, including accounting, claims management, and actuarial analysis. CalTIP is proud to have received an “Accreditation with Excellence,” the highest designation possible from the California Association of Joint Powers Authorities.