Protective Insurance, AmWINS to Offer For-Hire Commercial Trucking Product

July 23, 2018

Protective Insurance Co., a property-casualty insurer specializing in trucking and workers’ compensation, has partnered with AmWINS Transportation Underwriters (ATU) to offer a program to support for-hire commercial trucking fleets with up to 24 trucks beginning in the fourth quarter of 2018.

AmWINS Transportation Underwriters, a managing general agency within the Underwriting division of AmWINS Group, Inc., will serve as the program administrator, while Protective Insurance will underwrite the coverage through its Protective Advantage product.

The partnership will result in a highly-competitive, nationwide trucking insurance product for small trucking fleets, underwritten by an A.M. Best A+ rated insurance carrier.

Protective Insurance has been providing coverage for trucking fleets for over 85 years. Through its agency and brokerage partners, the company currently offers guaranteed cost or deductible options for fleets of 25 – 250 trucks, and a self-insured retention option for fleets of 250 trucks or more.

Andrew Brown, president of AmWINS Transportation Underwriters, said Protective’s experience in underwriting and claims management specific to trucking well position it to enter the 24 trucks and under for-hire commercial trucking segment.

Protective Advantage will also provide the platform for the existing AmWINS Environmental Transportation Program.

Protective Insurance operates through Protective Insurance Co. and Sagamore Insurance Co. offering coverages for trucking fleets, workers’ compensation, public transportation fleets and independent contractors through its retail distribution channels and program businesses. Protective Insurance Company is based in Carmel, Ind.

AmWINS Group, Inc. is an independent wholesale distributor of specialty insurance products in the United States, dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products and administrative services. It is based in Charlotte, N.C.

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