Freight Liability Insurance
Hauliers, Forwarders and Warehouse Keepers
Since the 1800s, legislation has allowed carriers and other bailees for reward to limit their liability for loss of or damage to goods in their care custody and control; but over time the burden of proof has shifted increasingly to the benefit of the goods owner.
More recently, carriers and logistics operators have faced ever more burdensome contractual terms being imposed on them by their larger, more demanding customers.
A specialist understanding of the industry is key to effectively writing these risks
Our specialist underwriters help to ensure that road hauliers, freight forwarders and warehouse keepers get the right level of freight liability insurance cover, and our claims team actively defend claims and pursue subcontractors, to ensure that the policyholder’s position is properly protected and to keep renewal premiums down by protecting loss ratios.
Form more information about freight insurance, contact your local NMU Development Underwriter.