As a transportation industry insurance professional, I’ve seen the last mile delivery segment experience drastic growth and change in the last decade, and 2024 is no exception. According to a survey of 300+ global last mile leaders, the last-mile landscape is undergoing a transition from a customer satisfaction-centric approach to a performance-oriented approach. On-time delivery…
How to Save Money on Truck Insurance
Recently, our Chief Underwriting Officer, Terri Moran was interviewed by The Inside Lane for an article about truck insurance for fleets. Here’s an excerpt from “How to Save Money on Truck Insurance”: Premiums for commercial trucks run from $5,000 up to $40,000 a year, with most vehicles landing in the $15,000 to $20,000 range, said Terri Moran, chief…
Last Mile Delivery FAQ of the Month
The BizCHOICE Team recently received this question from one of our 3PL contractor driver customers. Question: “What other types of work can I do under my insurance policy? Can I get coverage for load board work?” Answer: Thanks for this question! We love to support our customers who are diversifying their operations to include additional services to…
The Last Mile is Looking Greener: Delivering Sustainability
Micro-hubs. Cargo bikes. Drone deliveries. Crowd-shipping. Along with EV and AI, these buzzwords are defining the latest sustainability trends in last mile delivery. Let’s take a look at what’s behind them and driving sustainability in the delivery segment: EV — Fleets go electric to lower emissions and fuel costsMany delivery companies are fully electrifying their…