Alliant Insurance Services Launches Trucking Excess Program for Middle Market
By Alliant Specialty
Alliant Transportation offers exclusive program to reward safe fleets
Irvine, CA — 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.
