Logistics Weekly

TIA Services is Excited to Announce Two New Advantage Programs to our Members This Month!

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Through McGriff,Seibels & Williams the exclusive retailer for the distribution of TripExcess, TIA members can access $1M excess liability insurance.

This is a revolutionary program for the industry and a unique product that will allow the TIA members to “purchase additional liability insurance” online per load. This product will allow members to meet shipper requirements of $2M or $3M in liability coverage; the $1M excess sits on-top of the carrier’s existing liability coverage. Rates are based on distance and are affordable, quick and easy! With quote ranges from $50 + taxes & fees for trips under 350 miles up to $125 + taxes & fees for trips over 1,000 miles.

For more information on this program, contact info@tianet.org

Through Roanoke, TIA members can access coverage which addresses exposures and coverage issues with the appropriate alignment of risk management strategies but at an affordable rate. The policy has Cybercrime coverage included at no additional fee, here are some Coverage Highlights:

  • Cyber Crime: coverage applies for fraudulent payments made on a billing invoice or transfer of funds to a third-party as a direct result of fraudulent written, electronic or telephone instructions designed to mislead the company. This can be done without the criminals entering a company’s computer network.
  • Business Interruption: coverage applies to the business loss resulting from the failure of a contracted outsourced service provider i.e. information technology services. If a company’s operations depend on a third-party’s services and those services come to a complete halt, a company may not be able to receive or fulfil an order leading to a business interruption loss.
  • Data Loss and Restoration: coverage applies to the expenses to regain, repair, restore or recreate damaged, lost or destroyed Data. After a ransomware attack, there is no guarantee that a company will regain access to its client information, order information, shipment logs, etc.

For more information on this program, contact info@tianet.org  


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