Bradshaw Insurance Group

Navigating the Turbulent Waters of Trucking Insurance: Trends and Challenges The transportation market is encountering a seismic shift marked by lower freight rates and excess capacity, especially within the trucking sector. Amid ongoing challenges like driver shortages and rising operational costs, trucking firms are on the lookout for lower insurance premiums to cushion their profit margins. Deals can indeed be found, but the consensus among insurers is that more rate increases are necessary to align with the costs of economic and social inflation. Embracing technology emerges as a critical strategy for insurance companies specializing in commercial trucking. Telematics, artificial intelligence, and advanced safety equipment are being leveraged to refine risk assessment, pricing models, and enhance driver safety. https://lnkd.in/euBHpqEM

Bradshaw Insurance Group: A Generational Specialty Insurance Business Bradshaw Insurance Agency was founded in November of 1859 by William H. Bradshaw. William came to Delphi, Indiana from Grand Ledge, Michigan. After years as a jeweler William created a local retail insurance agency focused on providing insurance for local Delphi residents. Over the next 150 years the small local agency evolved into a specialized, nationally recognized commercial auto insurance MGA and TPA brand. Although the brand has grown, BIG has kept the original core values of a small business focused on community and finding your clients unique and cost efficient solutions to cover owner operators and fleets across the country. https://lnkd.in/efCEg9Xq