Marsh Canada’s Trucking and Other Land Transportation Industry Practice focuses on industry-specific needs allowing us to provide customized client solutions.

As a transportation client of Marsh Canada, you are drawing from the full breadth of Marsh & McLennan Companies’ expertise and service solutions. Marsh has built its business model around practices dedicated to industry specialization.

Marsh Canada’s Trucking and Other Land Transportation Industry Practice provides risk management solutions based on in-depth knowledge of the risk exposures facing corporations in Canada—and around the world.

Your key business issues may include:

• Capital Intensive, Aging Fleet Replacement
• Cargo Security
• Cost of Risk Transfer
• Driver Recruitment and Retention
• Driver Training and Orientation
• Fleet Safety
• Logistics Operations
• Productivity
• Regulatory Compliance
• Supplier/Shipper Bankruptcies
• Trucking Fleet Expansion
• Workers Compensation Costs

And a host of other emerging issues given the rapidly changing global business environment. Here are a few examples of how your Marsh Canada advisor can keep your business ahead of the risk curve:

Cost-Effective Risk Transfer

For today’s fleet managers, the cost of insurance represents a significant component of the operating expenses. As a leader in transportation, Marsh has advocated for the industry by developing new and unique cost-effective solutions. Examples of our innovation include: (a) the establishment of a successful fleet captive open to mid- and large-size companies (Fleet Resolution); and (b) the development of a one-way, profit sharing rated market where positive yearly loss results are rewarded with paybacks ranging from 5 - 15 percent.

Fleet Safety and Accident Prevention

With the cost of operating motor vehicle fleets escalating rapidly, fleet safety and accident prevention programs can have a significant and immediate impact on a company’s bottom line. Marsh has developed the GAP analysis to evaluate an organization’s existing program against best practices as determined by our industry experts. We provide recommendations and aid in implementing optimal solutions. Our database includes 20 years of data and over 1,000 recorded GAPs. Marsh can provide benchmarking, consulting, and implementation assistance that is unequaled in the industry. Through our strong understanding of the transportation industry, we have developed specific fleet safety improvement programs addressing key issues such as driver training, regulatory compliance review, injury avoidance, accident prevention, cargo security, and driver recruitment and retention. WSIB Premium Rebates: Workers’ Compensation Board (WCB) assessment rates are often 200 - 300 percent higher in the transportation industry than in other industries. Transportation organizations also typically pay more in premiums than in any other industry. Marsh works with transportation firms to review high cost claims and to identify errors made by provincial WCBs. When these errors are identified, Boards will refund overpaid amounts. Over a period of eight years, Marsh has secured $2.5 million in recoveries for one client firm.