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Insurance for transport and logistics
In transport and logistics, you are responsible at the same time for vehicles, warehouses and your customers' goods. Cover has to fit both the contracts and the international conventions.
Activities we advise on
Oller Brokers has been an insurance broker since 1952. It advises transport and logistics businesses on the design, placement and review of their insurance programmes, with access to more than 70 insurers.
We advise fleets and logistics operators with warehouses. We review the whole programme or the policy that weighs most, such as the fleet policy or carrier's liability, to improve terms.
- Road haulageDomestic and international haulage, refrigerated transport, dangerous goods, parcel delivery, etc.
- Logistics operators and warehousesStorage, order picking, distribution centres, temperature-controlled logistics, etc.
- Freight forwarders and customsFreight forwarders, customs agents, multimodal transport, etc.
Risks and cover
Choose a risk to see which insurance covers it in the programme of a company in the sector.
Risk
Fleet claims experience
Accidents, own damage and the rising cost of fleet policies.
How it is covered
Risk
Damage to goods in transit
Liability towards the customer under the contract and the applicable rules.
How it is covered
Risk
Warehouses
Fire and theft affecting your own and your customers' goods at the same site.
How it is covered
Risk
Errors in organising transport
Freight forwarder's liability for errors in documentation, customs or choice of carrier.
How it is covered
Risk
Business interruption
A loss at the warehouse halts service to all customers.
How it is covered
Insurance they typically need
Every company is different. These are the policies that carry most weight in the programme of a company in the sector.
- FleetsCompany vehicles, on fleet terms.
- Carrier's liabilityWhat the carrier owes for damage to the goods it carries.
- Freight forwarder's liabilityErrors in organising transport and documentation.
- Goods in transitDamage to or loss of goods during transport.
- All risks property damageBuildings, machinery and stock against any damage not excluded.
- Business interruptionYour margin and fixed costs while operations are halted by a loss.
- General liabilityDamage to third parties caused by the business activity and premises.
- Collective agreement accident coverThe accident benefits required under the collective bargaining agreement.
Two ways to get started
Full programme review
We analyse all your policies together: duplicated cover, gaps, sums insured, deductibles and exclusions. We then present alternatives from different insurers.
Review of a specific policy
A renewal with a premium increase, a contract requiring new cover or a poorly resolved claim. We examine that policy and look for better terms.
Large risk programmes
A medium-sized or large company does not need a stand-alone policy, but someone to design, place and defend a complete programme. That is what we have been doing since 1952. See more
- Risk analysisWe study the business's activities, facilities, contracts and claims history. Working with specialist firms, we also offer a risk management service.
- Properly valued sums insuredWe review insured values and business interruption so that a claim payment is not reduced due to underinsurance.
- Access to the whole marketMore than 70 Spanish and international insurers, underwriting agencies and Lloyd's through coverholders.
- Co-insurance and excess layersWhen a risk exceeds one insurer's capacity, we spread it through co-insurance and structure it in as many excess layers as needed.
- International programmesFor groups with subsidiaries outside Spain, we coordinate international programmes that comply with each country's regulations.
- In-house claims teamSupports the business from notification through to settlement and defends its position with the insurer.
Frequently asked questions
What is the difference between cargo insurance and carrier's liability?
Cargo insurance covers the value of the goods for their owner. Carrier's liability covers what the carrier must pay in compensation, which the law usually limits.
Does the warehouse policy cover my customers' goods?
Only if the policy includes them. It is worth checking whether third-party goods are covered and for what value.
How can the cost of a fleet be reduced?
By analysing the claims experience, adjusting deductibles and cover and taking the fleet to several insurers.
Other sectors
Can't see your sector? We work with businesses in every field.
Let's talk about your business
We review your insurance programme, or the policy you're concerned about, with no obligation.