TCL Insurance - Transportation Insurance Specialists的动态

We're in the midst of an insurance crisis! Rising rates of commercial transportation?are reshaping the landscape. Rates are climbing.?? ? Theft ? Litigation Awards ? Accident Related Cost A stark reality in the logistics sector. It's not just about the numbers. Understand the undercurrents. Advice for those navigating these choppy waters? I got you! Check out the slides below ?? ▁▁▁ P.S. How is your business navigating the insurance waters? Share your strategies and insights? -DW #DWrites #TruckInsuranceCrisis #FleetManagement

Trucking Companies: Are You Leaving Money on the Table? With rising fuel costs, regulatory hurdles, and unpredictable risks on the road, trucking companies are facing challenges every day. But did you know that a strategic insurance plan could help you cut down on costs and protect your fleet more effectively? At Outsourced Risk Managers, we specialize in creating custom insurance solutions tailored to your unique needs, so you can keep your focus on the road ahead. Let's chat about how we can help keep your business moving. #Trucking #RiskManagement #FleetInsurance #CommercialInsurance #OutsourcedRiskManagers

The article discusses the risks involved in owning and operating an over-the-road (OTR) trucking business, which is responsible for transporting goods across long distances. While this can be a rewarding business, it also carries significant property, auto, safety, and liability exposures. Therefore, it is important to assess these risks and take appropriate precautions to protect the business. Insurance companies often require certain policies and procedures to be in place to obtain or maintain coverage. The article suggests a questionnaire to review risk categories specific to the operations of an OTR trucking business and take action to address those risks. #hughwoodcanadaltd?#insurance #riskmanagement #insuranceinsights #roadtrucking #losscontrol

The article discusses the risks involved in owning and operating an over-the-road (OTR) trucking business, which is responsible for transporting goods across long distances. While this can be a rewarding business, it also carries significant property, auto, safety, and liability exposures. Therefore, it is important to assess these risks and take appropriate precautions to protect the business. Insurance companies often require certain policies and procedures to be in place to obtain or maintain coverage. The article suggests a questionnaire to review risk categories specific to the operations of an OTR trucking business and take action to address those risks. #hughwoodcanadaltd?#insurance #riskmanagement #insuranceinsights #roadtrucking #losscontrol

Recently, Captives have emerged as a hot topic in the trucking industry challenging the Traditional Insurance marketplace. Captives offer motor carriers a potential solution to mitigate the yearly insurance market volatility, providing stability and control over their insurance programs. However, their suitability varies depending on specific company dynamics. For some motor carriers, captives offer control, flexibility, and potential cost savings. Yet, for other fleets, they may pose challenges detrimental to their bottom line. ? The Pros: Greater Control, Long Term Stability, Cost Savings, Proactive Approach to Risk Management & Broadened Network ? The Cons: Financial Risk, Administrative Burden, Limited Liquidity, Regulatory Compliance & Low Level of Risk Tolerance Navigating these complexities demands informed decision-making. At Cline Wood, we understand the intricacies of captives and their implications for trucking companies. Our team provides personalized guidance, evaluating whether captives align with your risk appetite and financial objectives. Whether you're weighing the potential benefits or concerned about the financial risk, we're here to offer advice and support every step of the way. Reach out for a consultation and let us help you make the decision if a Captive or Traditional Insurance is the right move for your business. #Captives #RiskManagement #Trucking #RiskFinancing #ClineWood

Running a business comes with its challenges, including unforeseen risks that could threaten your hard-earned success. Did you know that comprehensive Business Insurance can be the safety net your business needs during a crisis? From property damage to liability issues, and even interruptions that stall your operations, we ensure that you are thoroughly covered. What business risk keeps you up at night? Share with us, and let’s discuss how we can help you secure your business’s future. #BusinessProtection #InsuranceMatters

?? Running a business is challenging enough without the added stress of planning for every potential disruption. That's why we've compiled practical tips to help businesses review and refine their insurance options. And if you'd like expert guidance, our free risk advisor service is here to help you assess, plan, and shop for the right coverage tailored to your needs. Click below to learn more! #commercialinsurance #riskadvisors #bickleinsurance #rightcoverage

?? Innovation Beyond Boundaries:? We’ve created a more intuitive experience and offer a product that’s been designed with brokers in mind. Learn more about how Quay Marine Insurance can assist with your marine risks. ?? https://bit.ly/3JDNeTp #marineinsurance #quaymarineinsurance #insuretech #brokers

Premiums to insure vehicles have been accelerating upward for years. Unfortunately, there is no sign of reversing course anytime soon. HUB's Lisa Paul discusses the current stresses in the industry and how technology can make a difference in helping fleet managers mitigate risks. Hear what she has to say in Risk & Insurance: https://ow.ly/Z8UW50TsIN0 #TransportationIndustry #FleetSafety #FleetManagement #TruckingIndustry #FleetOwners #CommercialTrucking #TruckDrivers #SafetyFirst #DriverSafety #TransportationSafety #FleetSolutions #SupplyChainSafety #LogisticsManagement #TruckingInsurance

Confused by terms like "combined single limit" (CSL) and "split limits"? You're not alone! Understanding these crucial aspects of your liability coverage is key to making informed decisions and protecting yourself on the road. Here's a quick teaser: CSL: Offers a single pot of coverage for all liability expenses in an accident. Split Limits: Provides separate coverage limits for different categories of damages. ?? But there's more! This blog post dives deeper into both options, helping you choose the right coverage for your needs. It also explores the umbrella advantage – another layer of protection to consider. Ready to navigate the world of auto insurance with confidence? Click the link below to read the full article and gain valuable insights: https://buff.ly/3wvOqFO #carinsurance #liabilitycoverage #CSL #splitlimits #umbrellainsurance #financialplanning #driver #safety