Logistics Operations Insurance Program | Amwins

Solutions:

Brokerage

Small Accounts

Underwriting

Global Risks

Group Benefits

Given today's global and digitally connected economy, it's no wonder the logistics industry continues to grow by leaps and bounds each year.

Amwins Program Underwriters offers an all-in-one insurance solution for the logistics industry, including freight forwarders liability, motor carriers’ liability, errors & omission and more. Our proprietary form, FreightLock™, provides clear coverage definitions to eliminate the gray areas and make logistics insurance as easy as possible. We’re committed to helping you win with dedicated claims handled by industry specialists, additional ocean cargo and warehouse options, and fast production.

This program is currently available through Amwins Brokers.

Target Clients

International and domestic freight forwarders
Transportation brokers
Non-vessel operating common carriers (NVOCCs)
Indirect air carriers (IACs)
3PL/4PL Providers
Warehouse operators
Motor truck cargo exposure – less than 25% of gross revenues
Customs house brokerage

Program Highlights

Our FreightLock™ coverage form is a robust, all-in-one solution tailored for the logistics industry. It offers:
- Freight forwarders legal liability
- Motor carriers’ legal liability
- Warehouse legal liability
- Transportation broker legal liability
- Errors & omissions coverage
- Contingent motor truck cargo can be added by endorsement
In addition to the FreightLock™ coverage form, we offer additional coverages on a monoline basis
- Ocean cargo/shippers interest
- Warehouse legal liability
- Warehouse goods of others
Outstanding service with expedited policy turnaround
Dedicated underwriting with experience in logistics
Global claims handling with industry knowledge specifications

As an Amwins company, the nation’s largest independent wholesale distributor of specialty insurance products, APU has access to all the tools and resources of the global firm.

Logistics insurance program
Key details

Availability

All risks must be domiciled within the United States. Worldwide coverage is available but excludes exposure in certain high-risk countries (for a list of excluded countries, download our brochure)

Minimum Premium

$2,500

Carrier

Non-admitted

Submission Requirements

Currently valued five-year loss experience
Completed Amwins Program Underwriters' supplementary application
Copies of currently utilized warehouseman’s agreements

Contact Us

Jason Baynard

Senior Vice President

Amwins Program Underwriters - Charlotte, NC

404.534.5935 jason.baynard@amwins.com

Heather Frain

Senior Vice President, Head of Inland Marine

Amwins Program Underwriters - New York, NY

215.527.2793 heather.frain@amwins.com

Justine McCunney

Underwriting & Operations Manager

Amwins Program Underwriters - New York, NY

980.987.7519 justine.mccunney@amwins.com

Brochures

APU - Logistics Program

Resources + articles

Stay up-to-date on emerging industry trends and topics.

Top 8 Cyber Risks Facing the Transportation and Logistics Industry

Every industry has exposure to cyber risks, including transportation and logistics. While these industries worked from paper and wheels for many years, now there are both internal and external networks that are critical to operating in this industry group. This article discusses the unique cyber risks facing the transportation and logistics sector, coverages to address these threats, and proactive cyber risk management tools.

Unpacking Warehouse Legal Liability

Warehouse Legal Liability is a complicated line with many gray areas and multiple interpretations of its coverages. This article discusses coverage triggers, legal vs. contractual liability and the importance of warehouse receipts.

Mind the Gap: COVID-19's Impact on the Logistics Industry

The disruptive impact of the COVID-19 outbreak on supply chains is already having a pronounced effect on the world of logistics and logistics insurance. Port closures, demand surges and production shifts are requiring nimble response to keep up with change. This article arms insurance brokers with the information needed to understand the changes taking place and plan for what is likely to occur in the months ahead.

State of the U.S. Logistics Insurance Market

For decades, the logistics insurance market has been considered a sub-market of the cargo or ocean marine market. However, the continual rise of e-commerce and its effect on the global supply chain has carved out a complex and expansive industry niche. This article provides insight into the various lines of coverage, the specialized underwriting approach, and rate surges within the U.S. logistics insurance market.

Freight Forwarders: Complex Services with Complex Coverages

The term “freight forwarder” doesn’t have a singular definition; rather, freight forwarders are identified by the services they provide and the geography in which they operate. Coverage for Freight forwarders is equally complex and includes numerous coverage forms to account for all types of exposures. This article details the various types of freight forwarders, how the services they provide can impact coverage needs, and key factors to consider when working with a carrier or MGA partner.

The Importance of Shipper’s Interest Coverage Under a Freight Forwarder’s Policy

As the U.S. economy continues to move forward, one of the fastest-growing industries is Logistics and Freight Forwarding. With more and more Freight Forwarding startups entering the space, it is becoming a highly competitive environment. Added services, such as Shipper’s Interest policies, can be a key differentiator and competitive advantage for a forwarder. This article provides insight into the benefits of offering a Shipper’s Interest policy and how it differs from a Cargo policy and other essential coverages.

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