The global market sees vast amounts of goods transported across countries and borders every day, and managing the logistics involved is a fine art. Many uncontrollable factors – weather, fires, strikes, politics – can close down whole transport systems; the economic situation is uncertain; operational costs are fluctuating; and there is a serious shortage of experienced staff. However, in spite of these challenges, the sector looks set to grow and grow.
Disruptive new ideas such as ‘time-slot-specific’ and ‘same-day’ delivery are adding value, while online self-management interfaces are reducing costs and giving customers more control.
Many other radical ideas are being developed and tested, including driverless vehicles and drone delivery, so companies will need to be agile and innovative if they want to succeed.
Why QBE?
QBE has been supporting this sector for nearly 90 years. We work with a large number of leading transport and logistics companies; for example, we provide Motor Fleet cover to more than a third of the UK’s top 25 hauliers.
Our underwriters have a wealth of experience and technical ability in this area. They are flexible and empowered to make decisions, offering a range of relevant products and services to accommodate the evolving risks you face.
We like to work in partnership with our customers to minimise their risks. Our in-house Risk Solutions team – who have hands-on experience of working in the transport industry – will work closely with you and your broker to reduce the frequency and severity of your claims. In the event of a claim, we are committed to minimising disruption to your business.
We regularly work with road safety organisations and are currently involved with Brake and the Cranfield Motor Academy, which offers the opportunity for selected clients to enhance their knowledge about managing their risks, meet their peers and share best practices.
Relevant products
We have been providing Motor Fleet cover since 1927. No matter what your trade or size of business, we will work hard to understand your challenges and find a solution to meet your precise needs. For large risks, we have particular expertise in dealing with non-conventional arrangements.
Read more about Motor Fleet
We cover companies in the UK and Ireland that work with vehicles – such as motor traders, garages and MOT centres – for a wide range of exposures. Because of our in-depth expertise in this area, we can accommodate most risks and trades.
Read more about Motor Trade
Our Property policies offer protection from damage to your organisation’s physical assets, as well as any resulting disruption to your business. As we have significant international reach, we are able to provide cover for operations around the world.
Read more about Property
We cover transport and logistics companies for their duties under the Employers’ Liability (Compulsory Insurance) Act 1969. Having written liability cover for more than 70 years, we have the know-how to take on more complex or unusual risks.
Read more about Employers' Liability
Making sure that you are protected against liabilities arising from claims for damage or injury brought by third parties is essential. Our team covers businesses against Public, Product and Pollution Liability claims, with a number of extensions available.
Read more about General Liability
We offer transport and logistics companies wide-ranging cover that protects against loss of or damage to goods in storage or in transit. We have become particularly recognised as a leader in high-tech, pharmaceutical, oil and petrochemicals risks, as well as excess Cargo business.
Read more about Cargo
Directors’ and Officers’ (D&O) Liability insurance covers individuals for financial losses arising from actual or alleged wrongful acts. As directors and officers are increasingly being held personally responsible for any problems that arise, D&O cover is becoming an essential part of attracting and retaining key people.
Read more about Directors' and Officers' Liability
Our Professional Indemnity cover protects professionals who provide advice against bearing the cost of defending claims for negligence, or paying damages awarded against them. QBE has been writing this type of cover for more than 40 years and has built market-leading expertise in this field.
Read more about Professional Indemnity
As regulations become ever stricter, the transport and logistics sector is increasingly exposed to risks associated with environmental damage. Our Environmental Impairment Liability policy insures against risks arising from past or current operations, or for which you retain a legal liability.
Read more about Environmental Impairment Liability
We can create compliant multinational programmes for a wide range of products – including Property, General Liability, Professional Indemnity and Directors’ and Officers’ Liability – in more than 150 countries.
Read more about Multinational
