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As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.

Transportation and Trucking

On-the-road, comprehensive risk management strategies and insurance to help secure a limitless future for your company.

Marsh McLennan Agency acts as an extension of your team to help your company feel secure on the road ahead.

The logistics of the transportation industry go beyond ensuring that your drivers get to their destinations. Keeping your talented workers, navigating numerous regulations in the insurance market, and overcoming shifting fuel costs are just a few of the other challenges you must deal with.

Marsh McLennan Agency provides you with specialists well-versed in the industry to help identify risks, services, and solutions that work to improve your operations and the well-being of your employees. We approach your challenges using data and technical expertise by consolidating your business insurance, employee health and benefits, and retirement & wealth into a personalized package. This strategy helps reduce your total cost of risk.

We serve a broad range of transportation and trucking companies, including:

  • Aviation
  • Frac sand transport
  • Fuel distributors
  • Hazardous materials haulers
  • Intermodal carriers
  • Maritime
  • Last mile
  • Less-than-truckload 
  • Logistics and freight forwarding companies
  • Passenger transportation
  • Railway
  • Refrigerated carriers
  • Specialty haulers (ex, agriculture or automotive)
  • Transportation industry services
  • Truckload carriers
  • Warehousing and terminals

Transportation and Trucking Services

Our industry services and insurance programs help improve your company’s safety with extensive resources and a global reach.

Safety and loss prevention strategies

Our risk management team customizes a risk prevention program built around a culture of safety. We review and revise policies and procedures to create a customized safety program that could improve operations and insurance favorability.

Employee well-being strategies

Your drivers are your greatest asset. Keep them happy and healthy with programs like Workers' Health 360HR technology consulting, and our Dimensions of Well-being solution.

Financial and retirement planning

Financial security is vital to your driver's safety. Decreased financial worry helps reduce the chance of a preventable accident and increases employee retention. We offer many retirement solutions and innovative technology for on-the-go employees.

Driver and leadership training programs

Our risk management team focuses on training your drivers and leadership to be the top talent in the industry. We provide customized safety programs for drivers and educate your team about the risks of transporting hazardous materials.

Operational and compliance reviews

We routinely conduct mock internal reviews of all FMCSA regulatory requirements for motor carriers of all sizes. Our risk management team can review your facilities and fleet policies to improve your company’s compliance with OSHA regulations.

Business consulting and benchmarking

We use benchmarking analytics to understand your business’s story. We look into the interaction of employee health and benefits and business insurance and see where we can help you make improvements to be up to par with the competition. 

Financial worry in trucking and transportation

Read our latest report to find out how you can offer your workforce peace of mind and address preventable risks.

Tailored Coverages for Transportation and Trucking

Meet Adam, a safety supervisor that is here to help your company create a secure future.

Adam Murphy

Safety Supervisor – Transportation/Auto, TRIP
Loveland, OH

Marsh McLennan Agency Alliances

National Tank Truck Carriers

Truckload Carriers Association

Women In Trucking

Frequently Asked Questions

Typically, transportation insurance provides coverage on goods and property while they are in transit. Your premiums may vary depending on your fleet management and the value of goods or property involved in your transportation enterprise.

Transportation methods and phases covered can affect your rates as much as insurance coverage against mishandling, accidents, or theft. So, it pays to match the details of your insurance policy to your business services. Whether you ship cargo on land, air, or water, your specialized Marsh McLennan Agency consultant will gladly assist you in finding the right insurance package that covers you from packing to unloading.

Claims related to stationary property at your client’s business location, earthquakes, or flood damage are usually not covered under most transportation insurance policies. Depending on the type of cargo business you operate, you may have to invest in additional coverage for high-value goods like jewels and currency—or to protect yourself against political risks.

Transportation risk refers to the typical exposures affecting transportation businesses. These can include natural disasters like fire and delays due to traffic conditions, power outages, or accidents. Common occurrences like load losses and damaged goods are usually covered.

Transporting hazardous materials may require additional coverage due to higher liability exposure. This type of specialized insurance may cover expenses for bodily injury, such as chemical burns, pollution liability, and clean-up costs.

Your Marsh McLennan Agency consultant can explain how you can lower your premiums through thorough safety protocols and driver training programs.

With cargo insurance, a manufacturer or retailer can guard their enterprise against financial losses related to damage of goods in storage. While cargo insurance is often confused with freight insurance, only the latter is geared toward transportation companies, as it covers the value of freight during transit.

The cost of your transportation insurance will not only depend on your claim history and management. It also depends on an array of industry-specific factors that you must consider equally in day-to-day business operations.

  • What class of goods are you shipping?
  • Does that class require additional precautions, or is it high in value?
  • What’s your company’s driving rating and claims history?
  • Are you following general recommendations for safety programs?
  • What transportation distances do you typically cover?

Talk to a Marsh McLennan Agency consultant to learn how these factors can affect your premiums.

You’ll need several insurance policies to protect all parties involved in your operation and the goods transported.

Freight insurance will cover the cost of freight during transit. Whether you need to complement that coverage with cargo insurance depends on the services you offer.

To cover the common issues in everyday business, you should invest in general liability, commercial auto, and workers’ compensation insurance. Due to the higher exposure in the cargo industry, you should also consider additional coverage for bodily injury and property damage.

Aside from industry-specific coverage lines, Marsh McLennan Agency provides a range of business insurance services that can be specifically tailored to your needs.

Due to long periods of sedentary work, truck drivers in particular are susceptible to a number of health conditions. We can help you find health screening, nutrition counseling, and stress management programs to support your employees and steer them toward a healthier lifestyle.

Our retirement plans allow your employees to save for their future and relieve the stress that often accompanies financial worries. Offering matching contributions to your employees’ 401(k) plan helps alleviate their tax burden. This positions you as a caring employer, attracting and retaining talent.