One80 Intermediaries (One80), a national wholesale insurance broker and program manager headquartered in Boston, has launched the Transportation Threat Protect (TTP) program.
TTP was designed to protect commercial drivers and transport operations from the growing risk of hijack, kidnap, malicious detention and extortion on the border between the USA and Mexico. The insurance program offers risk mitigation, reimbursement of ransom costs, public relations support and access to a crisis management consultancy as required.
Transportation Threat Protect can help firms to mitigate risk with online training designed to help the operation and the employees avoid being a target. Access to a global security center and crisis consultants are also available if needed to help manage an incident to safe resolution.
Additionally, financial protection provided through this program includes ransom costs, employee salary expenses, travel, accommodation, medical costs and psychiatric care. Public relations support to manage and minimize any reputational damage to the business is also included.
The program operates in partnership with Hiscox Special Risks.
One80 Intermediaries is a privately held, national firm with offices across the country. The company offers placement services and binding authority for property & casualty, financial lines, personal lines, and medical stop loss risks. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US and UK. Coverage spans all industry classes. One80 has offices in more than 19 locations nationwide including Boston, New York City, Chicago, Miami, Atlanta, Houston, Dallas, Nashville, San Diego and Seattle.
The products described are underwritten by a Hiscox syndicate at Lloyd’s, London, and is available in the USA on a surplus lines basis.
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