{"id":875218,"date":"2025-08-13T10:30:15","date_gmt":"2025-08-13T14:30:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marsh-to-transform-freight-broker-auto-liability-market-with-launch-of-proprietary-us-insurance-facility-and-first-of-its-kind-analytics-solution\/"},"modified":"2025-08-13T10:30:15","modified_gmt":"2025-08-13T14:30:15","slug":"marsh-to-transform-freight-broker-auto-liability-market-with-launch-of-proprietary-us-insurance-facility-and-first-of-its-kind-analytics-solution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marsh-to-transform-freight-broker-auto-liability-market-with-launch-of-proprietary-us-insurance-facility-and-first-of-its-kind-analytics-solution\/","title":{"rendered":"Marsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution"},"content":{"rendered":"

<\/p>\n

Marsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nMarsh, the world\u2019s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE:MMC), today announced the launch of BrokerSafe, an exclusive insurance facility for US freight brokers seeking access to more stable and affordable freight broker auto liability coverage.<\/p>\n

\nFreight brokers play a vital role in the supply chain by connecting cargo owners with trucking companies, but their intermediary position exposes them to significant contingent auto liability risks should a safety incident occur. Rising freight broker auto liability rates, a shrinking insurance market, and increased nuclear verdicts have made it more difficult and costly for freight brokers to secure adequate coverage.<\/p>\n

\nCreated in conjunction with Oliver Wyman, another Marsh McLennan business, BrokerSafe leverages a first-of-its-kind underwriting technology tool that uses advanced analytics and proprietary algorithms to comprehensively assess a freight broker\u2019s full contingent auto liability risk exposure. Armed with this enhanced visibility, BrokerSafe insurers can offer freight brokers bespoke contingent auto liability coverage aligned to their true risk profile rather than traditional underwriting methods like broker-carrier agreements or revenue figures.<\/p>\n

\nBacked by a panel of A-rated US insurers, BrokerSafe offers up to $5 million in primary limits and an additional $5 million in excess capacity available from the London market.<\/p>\n

\n\u201cIn today\u2019s complex liability risk landscape, freight brokers are looking for sustainable, long-term freight broker auto liability insurance that enables them to manage their risks more effectively,\u201d said Janelle Griffith, US and Canada Logistics Practice Leader, Marsh. \u201cWith BrokerSafe, Marsh and Oliver Wyman are transforming the freight broker auto liability insurance market by providing clients and underwriters the data and insights they need to make informed risk transfer decisions.\u201d<\/p>\n

About Marsh<\/b><\/p>\n

Marsh<\/a>, a business of Marsh McLennan<\/a> (NYSE: MMC), is the world\u2019s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh<\/a>, Guy Carpenter<\/a>, Mercer<\/a> and Oliver Wyman<\/a>. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com<\/a>, follow us on LinkedIn<\/a> and X<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250813491549\/en\/<\/a><\/span><\/p>\n

Sally Roberts
\n<\/b>
347.281.1454
\n
sally.roberts@marsh.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Consulting Professional Services Insurance Human Resources<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Marsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution NEW YORK–(BUSINESS WIRE)– Marsh, the world\u2019s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE:MMC), today announced the launch of BrokerSafe, an exclusive insurance facility for US freight brokers seeking access to more stable and affordable freight broker auto liability coverage. Freight brokers play a vital role in the supply chain by connecting cargo owners with trucking companies, but their intermediary position exposes them to significant contingent auto liability risks should a safety incident occur. Rising freight broker auto liability rates, a shrinking insurance market, and increased nuclear verdicts have made it more difficult and costly for … <\/p>\n

Continue reading “Marsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-875218","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMarsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marsh-to-transform-freight-broker-auto-liability-market-with-launch-of-proprietary-us-insurance-facility-and-first-of-its-kind-analytics-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Marsh to transform freight broker auto liability market with launch of proprietary US insurance facility and first-of-its-kind analytics solution NEW YORK–(BUSINESS WIRE)– Marsh, the world\u2019s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE:MMC), today announced the launch of BrokerSafe, an exclusive insurance facility for US freight brokers seeking access to more stable and affordable freight broker auto liability coverage. 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