II MEDIUM FLEET TRUCKING

Transcription

1 ., II MEDIUM FLEET OVERVIEW ;nsurance Company

2 AGENDA Highlights: Protective Medium Fleet Program - Mission I Target Customer - Platform Description Coverages Loss Prevention Claims Administration - Underwriting Appetite General underwriting submission requirements

3 MISSION I TARGET CUSTOMER Mission To provide a comprehensive, best in class, transportation risk management platform that provides high quality risk management solutions for medium size trucking clients. Target Customer For Hire Motor Carrier Safety minded and looking to retain portion of risk power units/ Class 7 and 8 Dry Van, Reefer and Flatbed operations

4 MEDIUM FLEET PLATFORM Features Coverages built to protect the assets and well-being of our clients - Primary Auto Liability - Physical Damage - Cargo Legal Liability - General Liability - Workers' Compensation AND Sponsored Independent Contractor Programs Loss Prevention Claims

5 PRIMARY AUTO LIABILITY Primary Auto Liability ISO coverage form with ISO and company endorsements Range of limits up to $2,000,000 UM/UIM/PIP rejected, unless required at state minimum Option Highlights Broadened Pollution Liability Punitive damages where insurable by law Punitive damages reimbursement for uninsurable exposure Contingent Auto Liability for incidental brokerage operations Garagekeepers' Legal Liability Endorsements to satisfy contracts, such as waiver of subrogation and additional insured status Hired and non-owned Broad deductible options up to $25,000 Basket Deductible 2 Year policy

6 PHYSICAL DAMAGE Physical Damage Features Comprehensive and Collision Range of deductible options (ground up to $25,000) Unlimited towing, storage, etc. that help mitigate a loss Option Highlights Non-owned vehicle coverage (Trailer Interchange, Non-Owned Trailer, Non-Owned Vehicle coverage) Electronic Equipment I Misc. Equipment Rental Reimbursement Loan/Lease Gap Deductible endorsements - Basket Deductible, Single Deductible- Tractor/Trailer, Aggregate Cat Deductible Terminal Cat Coverage

7 CARGO Cargo Features Broad Form Range of deductible options (ground up to $25,000) Broad supplemental payments for Earned Freight, Debris Removal and related Options Increased supplemental payment rider Hired cargo Trip transit Scheduled shipper increased limits Spoilage I Refrigerated breakdown Contingent Cargo for incidental brokerage operations Fidelity and Dishonesty Buyback Warehouse Legal Deductible endorsements - Basket Deductible and Aggregate Cat Deductible Terminal/ Cat coverage MEDIUM FLEETTRUCKING &EI

8 GENERAL LIABILITY General Liability Features Truck Terminal and incidental garage operations only Premises/Operations -$1,000,000 Occurrence j $2,000,000 Aggregate Products/Completed Operations (Products excluded) -same limits apply Personal Injury- $1,000,000 Premises Medical Expense- $5,000 Fire Legal- $100,000 Broad form contract coverage under hold harmless agreements Options Employer's Liability Employee Benefits Liability Endorsements to satisfy contracts, such as waiver of subrogation and additional insured status

9 WORKERS' COMPENSATION WorkersJ Compensation Features Deductible options up to $25,000 Available as package with Commercial Auto policy

10 MOTOR CARRIER SPONSORED INDEPENDENT CONTRACTOR PROGRAM Independent Contractor Features Full Suite of tailored coverages available to IC's who enroll in program - Non-Trucking Liability Physical Damage Occupational Accident Non-Occupational Accident Passenger Accident Workers' Compensation for IC when required by law and IC Fleetowners with employees Ask about our essential endorsements to broaden coverage Contingent Liability and Workers' Compensation available for Motor Carrier's Suite of Administration and Risk Management services

11 ADMINISTRATION ITEMS Admin Features Billing is Monthly Reporter : Revenue and Mileage Standard 90% monthly minimum with end of policy audit Collateral based on estimate of annual open reserves + primary set by underwriting LOC and cash are acceptable forms of payment Deposit- non-working- 17 /o Filings- MCS-90 and state filings as required Independent Contractor Program includes specialized services to manage sponsored program Open IC Administrative web-based system Call center to manage enrollments, changes and customer questions Company certificates mailed directly to each independent contractor

12 LOSS PREVENTION I CLAIM TOOLS Features Staff of transportation specialists Benefits I Sample Work Product: Designated contact for questions or issues Free Subscription to quarterly in depth Protective safety publication Access to comprehensive library of safety resources and worker safety materials Online driver, worker and management training Loss Prevention I Risk and Regulatory Management consultations Phone and On-site risk assessment reviews Train the trainer assistance I Safety Culture Training for management Mock DOT inspections Access to online claim reporting and loss runs II

13 CLAIMS Countrywide service with centralized claim staff of 100+, direct loss reporting (24/7 and response) Experienced staff Average insurance experience of more than 15 years, stable, low turnover Dedicated litigation, physical damage, occupational accident, workers' compensation teams with specialized divisions within each department Specialized teams include: Dedicated subrogation and salvage department Body shop experienced physical damage staff to maximize repair savings and turnaround time Nurse case managers assigned to disability claims to return drivers back to work sooner Medical management Interpreters In-house legal and attorney trainers Network of preferred vendors to maximize quality and reduce costs Internal audit