Trucking

What is the Truck Insurance Group?

Admitted automobile liability, physical damage and general liability products for small to mid-size “for-hire” trucking companies that have a transportation focus and a heavy vehicle fleet exposure (26,000+ lbs.).

Flexible underwriting offerings with the ability to offer liability deductibles up to $50K.

Coverage is available for companies that predominantly employ professional commercial driver’s license (CDL) class A or B drivers; fleets consisting of 11-250 power units; four years of operating experience required..

No radius of operation restrictions and coverage is available for wide range of acceptable business class exposures.

Preference towards companies that own their equipment and that utilize company-employed drivers; owner/operator fleets that have proper controls in place; have strong Department of Transportation (DOT) compliance initiatives and strong Safety and Fitness Electronic Records (SAFER) that reflect such.

The AIG Advantage

Experience and Expertise

  • AIG’s Truck Insurance Group, comprised of dedicated underwriters, claims professionals and risk mitigation experts with decades of experience, understands the specialized nature of and exclusively serves the motor carrier industry.

Risk Consulting Services

  • Dedicated risk consultants average 20+ years of industry experience and work with clients to develop fleet safety procedures and risk management programs, DOT compliance, hiring practices and employee training.
  • Customized data analytics reports benchmark performance against peers and allow our consultants to pinpoint loss drivers, help improve safety and ultimately help reduce the total cost of risk.

Claims Capabilities

  • Dedicated claims handlers specialized in trucking claims and loss mitigation are available 24/7 to provide crisis management and investigate severe incidents.
  • Broad network of accident reconstruction experts and investigators can help ensure the best defense possible.
  • Assistance with environmental incident emergency response, crisis management and control of costs via PIER (Pollution Incident and Environmental Response)®.

Why AIG

Problem Solvers

Challenge: Brokers sought quick feedback on whether an account fell within AIG’s appetite for trucking risks. 

Solution: AIG created an online platform for brokers to quickly and easily assess whether their client’s risk, based on their DOT data, would fall within AIG’s appetite.

Benefit: Brokers receive real-time feedback that enables them to efficiently service their clients.

Creative Solutions

Challenge: A small trucking client did not have the capabilities to research, design and fund the loss mitigation strategies it needed.

Solution: AIG’s transportation risk consultants hosted a risk mitigation seminar for many broker partners’ clients, including this small trucking company.

Benefit: The client attended the webinar, learned about new risk mitigation concepts and strategies to put into practice and in turn improved the safety of their operations.

Claims Expertise

Challenge: A client was involved in a fuel spill accident in an unfamiliar territory.

Solution: The client’s coverage included the emergency response and crisis management services of PIER (Pollution Incident and Environmental Response)®.

Benefit: Damages were mitigated and handled by trusted remediation and cleanup companies, which helped to reduce costs and put the client at ease knowing that the environmental exposure would be handled appropriately. 

National Leadership

Barbara Luck

President of North America Retail Casualty

Nina Corbo

Head of Primary Casualty Guaranteed Cost

Pierce Brossett

Head of AIG Truck Insurance Group

Peter Macdonald

Head of North America, Casualty and Workers’ Compensation Claims

Shirleen Laubenthal

Casualty Risk Consulting Leader

Downloadable Materials