Falvey launches coverage for logistics service providers

Falvey Insurance Group has announced the launch of a comprehensive liability coverage policy for logistics service providers and transport operators.

The product provides coverage against changing supply chain industry risks. The package offering is ideal for common carriers, freight forwarders, transportation intermediaries and third-party logistics service providers, Falvey said.

The package includes:

  • Legal responsibility for freight
  • Liability for Errors and Omissions
  • General liability
  • Possible automobile civil liability
  • Contingent Cargo Liability
  • Coverage of additional costs

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“Falvey’s product and accompanying coverage offering is designed to be innovative and flexible to meet the needs of our target customers,” said Mike McKenna, Head of Underwriting at Falvey Insurance Group. “Falvey Insurance Group will then complement the product offering with premium underwriting, claims management and loss control services provided by seasoned supply chain and logistics experts, all housed at within our organization. In addition, and if necessary, Falvey may offer cover for the interests of all-risk companion shippers.

Falvey’s capability for the Transportation and Logistics Accountability Program is supported by insurtech Accelerant.

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