Transportation & Logistics Liability

Description

Falvey Transportation and Logistics Liability is a comprehensive liability package policy for logistics service providers and transport operators.

 

Innovative underwriting enabled the creation of a product that provides end-to-end solutions for the evolving risks of the supply chain industry. This package is ideal for common carriers, freight forwarders, transport intermediaries, and third-party logistics service providers. Falvey’s coverage is market-leading and encompasses a wide array of provider needs, including world-class customer service, claims handling, and expertise from transportation and logistics industry experts.

 

Coverages

 

  • Legal liability for physical loss or damage to cargo
  • Contractual liability for physical loss and damage to cargo
  • Liability for failure in performing the assured’s contractual obligations that result in their customer’s financial loss.
  • General liability for bodily injury and property damage
  • Products and completed operations liability
  • Contingent auto bodily injury and property damage liability where applicable
  • Contingent auto cargo liability where applicable
  • Primary limit up to $1,000,000/$2,000,000 for each occurrence/aggregate
  • No minimum premium required
  • Security: 100% Accelerant Specialty Insurance Company
  • Companion all-risk shipper’s interest cargo cover available

Liability Claims Excellence

 

  • Superior service, knowledge, and accessibility
  • Dedicated in-house claims professionals with extensive multimodal transportation, logistics, and marine expertise
  • Dedicated in-house legal team skilled in contractual liability matters
  • Extensive global network of support partners including surveyors, third-party administrators (TPAs), and attorneys
  • In-house claims settlement authority up to $500K for any one loss occurrence

Availability

Applications and Informational PDFs

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