U.S. Transportation Market Outlook
Are Transportation businesses slowly starting to pick up, but you’re not sure what’s in store for your clients for the rest of 2020 or beyond?
Over the past 10 years the commercial auto industry has experienced its share of challenges. Operating on thin profit margins, transportation clients are continuing to look for ways to lessen losses and maintain profitability.
And the beginning of 2020 was no different. The jarring impact of COVID-19 has caused disruption across the transportation industry.
How can you prepare your clients for what may come next in 2020 and beyond?
The U.S. Transportation Market Outlook will help you put your transportation clients in a better position, with key information and insights like:
- Factors that have influenced the market overtime
- The risks and opportunities across business classes
- COVID-19’s impact on the industry
- A focus on driver safety and telematics
Meet our new National Transportation Practice Leader - Mark Gallagher
RPS Transportation Practice Group
With a dedicated Transportation Division, full-time underwriters throughout the country and the markets to place accounts, Risk Placement Services has the industry expertise to help you come through for your transportation clients.
From owner operators to large fleets, RPS is the only wholesale specialty insurance broker who represents ALL of the markets that distribute transportation. We provide a broad spectrum of coverage solutions for operators of
- Commercial autos and trucks—flat beds, dry goods, van trailers, fuel haulers, refrigerated goods, container goods, dump trucks, etc.
- Public fleets— limousines, rideshare vehicles, charter buses, church vans, social services vans, courtesy vans, etc.
- Many industry niches that fall within each industry sector
The insurance products and risk management services we provide for the Transportation sector are designed to navigate blind spots, mitigate and transfer risk, drive down costs, and optimize operations.
We understand your clients operation model and unique exposures—cyber and excess auto nuclear verdicts, higher maintenance expenses, reduced freight demand and poor infrastructure, an aging workforce, driver shortage and much more.
We provide coverage options that can include recommendation limits for Liability, Physical Damage, Cargo, Garage, and other solutions designed to address your insured’s risk profile.
We help your clients avoid exposures due to:
- Driver classification
- Complex regulations
- Consistent innovation
- And other risks
Come through for your transportation clients. Partner with RPS.