What is your portfolio’s exposure to third-party trucking?
Many businesses operate under the assumption that outsourcing transportation to third-party trucking companies effectively transfers liability away from their own operations. However, a rapidly evolving landscape of claims, verdicts, and case law is proving this assumption dangerously false. Third-party trucking has become a critical, and often overlooked, focal point in commercial auto liability, reshaping how underwriters, brokers, and reinsurers must evaluate exposure.
This essential white paper provides clarity in this complex area. It meticulously defines third-party trucking, highlights crucial coverage ambiguities, and demystifies how reinsurers underwrite, price, and model this significant exposure. Furthermore, it outlines critical underwriting questions and market dynamics that brokers and insurers must navigate to secure facultative reinsurance capacity, concluding with actionable guidance on mitigating these exposures through enhanced transparency, superior data quality, and collaborative market engagement.
Don't let hidden liabilities compromise your commercial auto program.
Complete the form at the top of this page to download the full white paper and equip yourself with strategies for managing third-party trucking risks.
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
