Category: Transportation
A Guide to Freight Forwarders Insurance in the UK
A Guide to Freight Forwarders Insurance in the UK Introduction Every year, a significant number of shipping containers is lost during transit. This, coupled with the occurrence of damaged goods upon delivery, has emphasised the importance of insurance in the logistics sector. Let's delve into the world of Freight Insurance and Cargo Insurance –…
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Insurers write off vehicles due to parts supply delays
Understanding the challenges of written-off vehicles: implications for car owners and insurers The fast-paced automotive industry is currently facing a troubling issue. The issue involves a growing number of vehicles that insurers write off due to delays in parts supply, causing frustration among car owners and uncertainty in the insurance industry. This article aims to…
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Motor Trade Underinsurance
Motor trade underinsurance Underinsurance is a common problem in the motor trade industry, where businesses often struggle to obtain adequate coverage for their vehicles, equipment, and premises. Underinsurance occurs when a business fails to insure its assets for their full value. As a result, this can leave the business exposed to significant financial losses in…
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What can Fleets Expect in 2023?
What can fleets expect in 2023? 2022 was a wild ride for the trucking industry, but as we enter autumn many are wondering what will happen next. Sean Storey of Capital Equipment spoke recently at NationaLease, offering his thoughts during their recent Annual Meeting about how he thinks things may play out over the coming…
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3 Changes in Transportation in 2023
3 changes in Transportation in 2023 The transportation industry is always adapting to changing times and circumstances. With such an influential impact on other sectors, it’s important for businesses in this space to keep themselves informed about what will come next year so they can plan accordingly – both now (to avoid surprises) as well…
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8 Ways to Tackle Underinsurance
8 Ways to Tackle Underinsurance Underinsurance can be devastating, especially when it comes to your business property and its contents, should you ever be in the unfortunate position of having to make a claim. Here are 8 ways to avoid it: Get your property valued regularly The cost of building materials has risen significantly in…
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The changing risk profile of hauliers
How hauliers can manage the risks associated with inflation The current inflationary and supply chain challenges in the UK has added pressure on historically thin profit margins for fleet and haulage operators. Here are some tips to help with risk management. - Proactive accident avoidance strategies. - Managing inexperienced drivers - Driver training programmes. -…
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Directors & Officers: Motor Trade
Directors & Officers: Motor Trade What is Directors & Officers (D&O) Insurance? Director and Officers Insurance is sometimes known as “Management Liability” and it’s there to protect you financially against any claims made against you personally as a director, partner or officer of your business. From health and safety concerns to a claim for breach…
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Download our guide on the recent Highway Code changes
Download our guide on the recent Highway Code changes. We have recently seen a new set of Highway Code changes set to be adopted as law. This will have an impact on all drivers and could even expose fleet operators to negligence claims as more responsibility will fall to drivers. - New Hierarchy of Road…
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What insurance do I need to be a courier?
What insurance do I need to be a courier? With many companies growing an online presence, the courier industry has boomed due to more and more people ordering online and businesses looking to couriers to help them with their distribution. So, if you're reading this with the idea of entering the industry, this could be…
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