Insurance Answers Together: The Value of Pre-Quote Loss Control Assessments

August 23, 2021

Commercial Transportation

At IAT, we provide Insurance Answers Together day in, and day out. It’s how we define I.A.T. and our commitment to our customers, agents/brokers, communities, and each other. What does Insurance Answers Together mean in action? Read on to learn about the value of Pre-Quote Loss Control Assessments for IAT, our partners and our customers.

 

MGA:                                    CRC Transportation Binding

INSURANCE:                       Auto Liability, Physical Damage and General Liability

ANSWER:                            IAT Commercial Transportation, Commercial Truck

A retail agent who knew and trusted IAT’s paper connected with IAT partner CRC Transportation Binding on a new business opportunity with a 42-power unit fleet operation.  After approaching IAT for a quote and in IAT’s Pre-Quote Loss Control Assessment, Loss Control Representative Ed B. noticed the owner instituted improvements in their safety program that IAT previously recommended. The owner was appreciative of IAT’s thorough assessment and was interested in doing business with us if we were competitive. After reevaluating the business, IAT Underwriter Chip R. was able to confidently issue a competitive quote to secure their patronship.

TOGETHER:                       

IAT collaborated with CRC Transportation Binding to provide coverage for the motor carrier’s 42-power unit operation, identifying risk and helping our customer stay protected before their drivers even turned the ignition key.

 

IAT Insurance Group is a privately owned, specialty insurance company providing property, casualty, and surety products for niche markets. IAT goes to market through eight business units – Commercial Transportation, Specialty, Programs, Inland Marine, Excess Casualty Mid-Market, Reinsurance, Surety and Management Liability. The IAT Insurance Group companies are rated A- “Excellent” by A.M. Best.