Across America in the News: Discussing the Trucking Insurance Market with Insurance Journal
The current trucking insurance market faces a challenging landscape marked by lower freight rates, excess capacity, and rising costs. Across America’s CEO, Harish Kapur, sat down with the Insurance Journal to discuss today’s trucking insurance market, covering topics such as:
- How commercial trucking insurers are turning to technology to inform better risk selection and pricing models
- The importance of experienced claims management and underwriting professionals
- The entry of new players to the trucking insurance market who are willing to underbid longtime carriers
- How the influx of insurtechs and the pressure on pricing are shaping the commercial trucking insurance market
- Factors to consider (beyond price) when selecting carriers