We are constantly striving to provide innovative insurance solutions to the changing transit needs, which arise, in a manner which blends affordability of cover with peace of mind.

We believe that we are fair, and always open to negotiation in all matters. Our pricing structures are very competitive, but we do not strive to be the cheapest. The factor, which differentiates us from our competitors, is, expertise and efficiency of service. I am of the belief that a sensible approach, coupled with a friendly, trusting relationship with our brokers, is what has resulted in our success.

This philosophy has created a situation where we eventually procure almost all of the transit business on the books of our brokers. In fact, most of our existing brokers refuse to deal with any one other than ourselves, in respect of their transit business.

Whilst this may seem impractical, it actually works very well for most transporters. Regardless of fluctuations in haulage fees, the monthly premium remains unaltered. As further trucks are added, the premium increases, if trucks are sold off, the premium decreases. This system is very manageable for 80% of our clientele. It is however not appropriate for large fleets, where the actual fleet size can fluctuate regularly. However, for example, if an operator with 30 trucks adds one or two more, this does not greatly influence the overall risk exposure as originally presented. If an operator with 2 trucks, adds 2 more, this effectively doubles the risk exposure and premiums should be increased.

This method presents one obvious problem in the case where the trucker subcontracts a load to another transporter. My view is that such arrangements originate from the fact that the trucker has more work than his existing fleet size can handle, and more risk than the premium is geared to cover. Therefore, subcontractors are typically excluded in our standard wording. Most of our truckers are comfortable with this, however we can extend a policy to include subcontractors if needed, on a contingent basis. This implies that the trucker must make sure that, the subbie is made aware that he will be held responsible for any loss / damage, and must insure such loads. If despite such efforts on the part of our transporter, the subbie has an uninsured loss, we would pay the claim and proceed under subrogated rights against this subbie, in terms of their arrangement with our transporter. However, any required “variation of the theme” is possible.

• Haulier proposal form - Used for trucking companies.
• Owner proposal form - Used for owner Insureds.
• Transport Broker proposal form - Contingent covers.