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Transportation and Logistics

Supporting transportation and logistics companies by developing curated insurance programs designed to protect you and your third-party network.

Hassle-free

One-stop shop solutions help you manage insurance requirements of your third-party network.

Optimized

Insightful data highlights opportunities for growth and areas of focus to minimize risk and drive profitability.

Holistic

Dedicated and knowledgeable advisors understand the unique needs of your business.

Understanding and protecting against the risks that transportation and logistics companies and their third-party network members face is key to their lasting success. These organizations and those they contract with to provide delivery, transportation, or logistic services on their behalf both seek insurance solutions that meet their business’s needs in a way that is cost effective and requires minimal administrative burden. 

In addition to securing their own insurance, transportation and logistics companies must ensure that their third-party network members are consistently and comprehensively covered according to their contracts and regulatory requirements — a process that can be challenging, time-consuming, and costly.

And while your third-party network members may understand that securing appropriate insurance is critical, they may have trouble obtaining adequate coverage at a competitive price on their own. 

Implementing a coordinated transportation and logistics insurance program not only alleviates these issues, but also enhances the relationship between transportation and logistics companies and their third-party network members. In this way, a well-structured insurance program becomes a valuable asset that benefits all parties.

How Marsh can help

Implementing insurance programs tailored to customer requirements is at the forefront of what Marsh does. We offer a spectrum of affinity solutions that take the hassle out of managing insurance, allowing you and your third-party network to focus on operations and growth. 

Our team of dedicated, licensed transportation insurance professionals will get to know your third-party network members and guide them through the insurance process, from application to purchase to renewal. 

Marsh’s specialized expertise and customized solutions deliver unique value to your organization and third-party network by:

  • Simplifying administration to create efficiency.

  • Providing dedicated advisory support for ongoing success.

  • Improving insurance performance to empower independent contractors. 

  • Removing barriers to access with digital-enabled solutions.

FAQs

Any organization that contracts with a third party to provide delivery, transportation, or logistic services on their behalf. For these companies, we have created programs catering to the specific needs of their third-party network across the supply chain, from transporting goods between distribution centers to providing delivery to end customers. 

Sectors the Marsh transportation and logistics team currently serves include:

  • Last mile delivery
    • Food delivery
    • Package delivery
  • Middle mile delivery
  • Express delivery
  • Messenger services
  • Trucking

There are a multitude of risks, including auto accidents, mechanical breakdowns, and loss or spoiling of goods in transit. As you expand your services and remain competitive, it is crucial to build an insurance program and risk management strategy that effectively mitigate these challenges. Addressing these risks in an agile manner becomes critical to reduce their impact on your operations as you strive to meet customer demand.

The insurance specialists at Marsh will help you determine the most appropriate combination of insurance products for your third-party network’s specific risks. These may include:

  • Auto liability and physical damage
    • Bodily injury and property damage caused by operation of your vehicles
    • Collision coverage for damage to your vehicle or fleet, whether owned or leased
    • Medical costs for drivers and any passengers
  • General liability
    • Bodily injury liability for injuries or damage to a third party or property resulting from your operations
    • Product liability for damage or injury caused by a product you supply
    • Tenant’s legal liability to cover costs to repair property rented or occupied by your business
    • Personal and advertising injury liability for costs related to allegations of defamation, libel, slander, or false advertising
  • Motor truck cargo
    • Physical damage or loss, from any external cause, of goods during transit
    • Legal liability to cover costs to defend your organization against claims if cargo is lost or damaged while in your care

Why Marsh

As specialists in developing insurance programs for third-party networks, we can help your organization minimize potential third-party risks while maximizing compliance, leading to better relationships with your third-party network members.

Together, we will develop a program tailored to your insurance requirements and deliver a solution with the tools and the people necessary to help your organization and third-party network succeed.

Our people

Wendee Wood

Wendee Wood

Transportation & Logistics Business Leader, Affinity

TJ Amos

TJ Amos

Transportation & Logistics Growth Leader, Affinity

Elizabeth Feirstein

Elizabeth Feirstein

Transportation & Logistics Program Leader, Affinity

Will Brauer

Will Brauer

Transportation & Logistics Product Leader, Affinity

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