Logistics

Red semi truckZurich’s Logistics program offers coverage forms that provide insurance protection for logistical risks. The program offers the flexibility to custom-tailor a multi-line policy that can include a number of different coverages.

Appetite:

  • Independent licensed freight (truck) brokers
  • Truck broker subsidiaries of motor carriers
  • Third-party logistics providers (3PLs)

Geography:

  • Nationwide

Submission requirements:

  • Logistics questionnaire
  • Motor carrier agreement
  • Financial statements
  • List of motor carriers with their MC numbers in Excel
  • Copies of current coverage forms
  • Currently valued loss runs for current year and three prior years

Coverages offered:

  • Truck Broker Liability
  • Contingent Auto Liability
  • Contingent Cargo
  • Excess Cargo
  • Professional Liability/E&O
  • General Liability
  • Excess Limits
  • Broker Bond

Coverage limits:

  • Limits vary by coverages

Additional program highlights:

Program administrator has developed operational best practices for policyholders, which include:

  • Operational controls
  • Broker carrier agreement
  • Insurance carrier requirements
  • Motor carrier selection and analysis