Managing a transportation fleet has unique ever-changing business conditions. Driver shortages, finding and retaining quality drivers is often a challenge. Training and safety. Theft. Regulatory compliance. You have a lot to be concerned about. Fleet safety is of paramount importance, especially given the trend toward larger liability verdicts and settlements—many exceeding $100 million.
The road ahead for many fleet owners renewing their insurance programs is likely to be more challenging, time consuming, and costly, barring unforeseen changes in conditions. Fleet owners need to begin the renewal process early and should anticipate inspection focusing on driver screening and recruitment, training, safety, claims management, and use of technology
The trucking sector of the transportation industry includes truck load (TL), less than truck load (LTL), and intermodal (IM), fleet management, freight brokering, warehousing, materials handling, logistics network design, inventory management, third-party logistics management, and other support services.
The livery transit (public/passenger) sector of the transportation industry consists of city-owned public transit authorities, suburban/regional fixed-route operators, charter/tour operators, corporate and private shuttle companies, and paratransit services.
The results: clearly understanding of your risk management
program, lower operational costs, and decreased volatility.
Jordan and Jordan transportation insurance and risk management specialist works with fleet trucking and public transportation. Our clients range from small to very large fleet operations. Supported by industry-leading data and analytics and predictive modeling tools, they provide insights that help you understand your risk exposures, and the approaches to manage them.