Aviva enhances freight liability insurance offering

Yahoo

4 days ago

Aviva's Global, Corporate and Specialty (GCS) division has enhanced its Freight Liability insurance product for freight forwarding and haulage sectors.
It is now available on the Acturis E-Trade and Fast Trade platforms.
The insurance product features enhanced cover limits for both per tonne and per vehicle to accommodate the varied requirements of businesses and address the diverse risks they may encounter.
The conditions of carriage have been expanded to include terms from Logistics UK and the British International Freight Association.
Aviva UK marine manager Chris Green said: 'We have invested in making our Cargo and Freight Liability propositions more accessible, flexible and responsive to today's needs. That includes enhanced cover limits, broader carriage condition options and a new lower-cost 'economy' tier for clients not handling Theft Attractive Goods.
'We have also grown our team significantly to ensure we can support brokers with both digital and traditional trading.'
The insurer introduced a 'new lower-cost economy cover' for clients whose operations do not include handling goods that are prone to theft and errors, and omissions cover can be obtained directly through the online platform.
The company also added three new marine underwriters.
Aviva marine head Howard Potter stated: 'Aviva's ambition is to lead the marine insurance market by combining deep technical expertise with a clear understanding of what brokers and clients need. Alongside evolving our products, we are transforming how we work, how we connect and how we deliver value.'
Earlier this month, Aviva completed the acquisition of Direct Line, a transaction valued at £3.7bn ($5bn), which has been approved by the UK's Competition and Markets Authority.
"Aviva enhances freight liability insurance offering " was originally created and published by Life Insurance International, a GlobalData owned brand.
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