Zurich Insurance has teamed up with underwriter Vindati to launch a new stand-alone Motor Truck Cargo insurance program for for-hire and contract trucking operations.
“Smaller, independent operators often face barriers when attempting to access MTC coverage,” said Greg Massey, head of programs for Zurich North America. "This new program offers truckers and trucking brokers a direct path to MTC coverage."
The coverage insures against the risks of direct physical loss to covered property while in transit, loading or unloading, and while at a terminal or dock awaiting final distribution. The unbundled coverage meets Department of Transportation MTC requirements for cargo load pick up.
"Vindati is committed to simplified access for brokers serving small to mid-sized businesses, and to helping them offer clients a broad range of compelling products that meet business needs," says Hugh Burgess, founder and CEO of Vindati.
Vindati is an underwriter offering specialty products and an integrated shopping experience for brokers and agents.