E&S wholesale dealer and managing basic company Threat Placement Companies (RPS) has introduced the launch of three new transportation merchandise for dangers with one to 10 energy models.

• Common Legal responsibility for Truckers
• Motor Truck Cargo for Truckers
• Auto Bodily Harm for truckers

The suite of merchandise, which RPS mentioned was the primary of its type, is on the market on-line, making it doable for unbiased brokers to offer a mixture of coverages shortly. The merchandise can be found to cite, bind and challenge in solely two minutes by RPS’s Small Enterprise Platform. The corporate mentioned it plans to proceed including product enhancements to the suite.

“In a industrial insurance coverage market that’s suffering from lengthy functions and disparate portals, our new digital providing stands out as a easy and complete resolution brokers can depend on for his or her insureds,” mentioned Mark Gallagher, nationwide transportation observe chief for RPS.

Common Legal responsibility for Truckers covers accidents or property injury not brought on by the truck operator, which RPS mentioned is often not lined by different insurance policy. It additionally supplies protection in opposition to the price of lawsuits.

Motor Truck Cargo for Truckers fills gaps in different cargo protection, together with paid curiosity, protection extensions or funds along with coverage limits.

Auto Bodily Harm for Truckers is obtainable on a said quantity foundation with deductibles of as much as $5,000. It has a most single-vehicle worth of $300,000, RPS mentioned.

The product suite supplies protection from an AM Greatest A-rated service and is on the market in all states besides Alaska, Hawaii and Massachusetts, RPS mentioned.

“At RPS, we try to offer artistic options to persistent trade challenges that assist set our retailer companions aside from their competitors,” Gallagher mentioned. “This suite of digital transportation merchandise definitely places us just a few miles forward.”

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