Transportation

Regardless of your industry segment, you must deal with these exposures every day. Taxicab and livery risks depend on unique workers' compensation laws and dramatically different usages by operator. Bus operations face a variety of legal differences by state. Trucking companies deal with issues ranging from pollution claims for tankers, cargo liability for less than trailer load (LTL) operations, and spoilage risk for agricultural and refrigerated trucking, just to name a few.

At Pinnacle, our focus is to quantify your claims liabilities’ expected ultimate costs and reflect your risk exposures’ unique characteristics. Our extensive experience indicates such exposures are not only manageable, but are controllable. Effective loss control, risk management and safety programs are essential to keep costs in check.

To help address your needs, we consider the multitude of your operation’s real-world circumstances to the maximum extent possible. Our reserve analyses estimate proper accruals for prior years’ claims. Our funding studies can estimate expected costs for next year’s claims. We can also help insurers design a specialty insurance product for your specific business requirements.

Whether your goals involve developing rates for trucking, taxi and school bus insurance products; funding feasibility studies for single parent and homogeneous group captives owned by trucking and public livery companies; analyses of transportation reinsurance programs or more, Pinnacle provides the tools and solutions you need.