Alliant Insurance Services Launches Trucking Excess Program for Middle Market - Insurance News | InsuranceNewsNet

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November 28, 2023 Newswires
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Alliant Insurance Services Launches Trucking Excess Program for Middle Market

Business Wire

Alliant Transportation offers exclusive program to reward safe fleets

IRVINE, Calif.--(BUSINESS WIRE)--
Alliant Insurance Services has launched an exclusive trucking excess program that offers middle market fleet operators a return of excess premium for safe driving activity. Alliant enables fleets to leverage their existing technology and safety infrastructure to reduce excess coverage costs.

These placements, available exclusively through Alliant Transportation, will meet the needs of fleets with more than 50 power units and include primary limits of $1M or $2M, with deductibles up to $250,000. Leveraging data produced by fleets’ existing electronic logging devices (ELDs), the program identifies safe driving activity and offers a premium dividend based solely on actual driving behavior (not tied to losses in policy).

“Nuclear verdicts and other industry forces have driven up the cost of insurance for all trucking companies. Many fleets investing in technology and safety are being adversely impacted,” said Mark Epperson, Senior Vice President, Alliant Transportation. “This excess product, exclusively from Alliant, allows trucking companies to protect themselves and earn a premium dividend through safe driving behaviors.”

In addition to developing the trucking excess program to reduce excess coverage costs, Alliant also assists transportation clients in placing competitive underlying primary policies. The trucking excess program strengthens Alliant’s portfolio of products for insureds in the transportation industry.

For more information, visit alliant.com/truckinginsurance.

About Alliant Insurance Services

Alliant Insurance Services is one of the nation’s leading distributors of diversified insurance products and services. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of solutions built on innovative thinking and personal service. The business of managing risk is getting more complex, and Alliant is meeting this complexity head-on, not with more layers of management, but with more creativity and agility. Alliant is changing the way our clients approach risk management and benefits, so they can capitalize on new opportunities to grow and protect their organizations. Visit us at alliant.com. #TheMoreRewardingWay

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231128577465/en/

ALLIANT PC CONTACT
Megan Ford
Communications Manager

Alliant PC

(213) 406-8755

[email protected]

Source: Alliant Insurance Services

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