If a doctor wouldn’t perform surgery without malpractice insurance, a logistics company shouldn’t move an ounce of freight without an E&O policy tailored to their business.
The first step in offering a policy is getting to know a company’s business. IB&M dives in, examining the documents that govern daily business activities such as bills of lading, air waybills, warehouse receipts and terms and conditions.
We review shipper contracts that demand terms which cause a company to deviate from their standard limitations of liability. We also ask clients to share with us how they position and market themselves to their potential customers. This gives IB&M a comprehensive picture to negotiate the correct coverage, at highly competitive prices, with multiple underwriters. Our risk management procedures will mitigate exposure and the policy IB&M presents will transfer risk away from your company.