ChatterBank2 mins ago
underwriting consideration for a transport company
I need assitance on how to underwrite or provide covers to a transport company if that
company have following particulars
Offices all over the country.
Transport goods and material from port to interstate locations.
Head office in Karachi.
Have 200 big trucks/loaders & 300 small trucks and car fleets of 50 vehicles.
Have their own railing trucks inside main office to load goods.
Cash is accepted and present on different sites all over the country.
Fragile goods are handed & transported.
Company has cold room storage facility available at chosen sites.
Security guard has four patrolling dogs for security purpose at main office.
Drivers are experienced and hired after taking in consideration their driving records.
Required:
What covers in your view are necessary for the company and why?
Write down underwriting considerations for each covers
company have following particulars
Offices all over the country.
Transport goods and material from port to interstate locations.
Head office in Karachi.
Have 200 big trucks/loaders & 300 small trucks and car fleets of 50 vehicles.
Have their own railing trucks inside main office to load goods.
Cash is accepted and present on different sites all over the country.
Fragile goods are handed & transported.
Company has cold room storage facility available at chosen sites.
Security guard has four patrolling dogs for security purpose at main office.
Drivers are experienced and hired after taking in consideration their driving records.
Required:
What covers in your view are necessary for the company and why?
Write down underwriting considerations for each covers
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