High Definition Vehicle Insurance (HDVI)’s Post

At the latest Logistics Leaders Conference, we were fortunate to have Ennis Pleasants, Cargo Claims Manager at Great American Insurance Group, join us. During our session on claims handling, Ennis shared an impressive fact: once a claim is reported, Great American Insurance Company aims to make contact within just TWO hours! Impressively, 85% of their claims receive a response within that tight timeframe. Want to know how they manage to maintain such rapid response times? Dive into the intricacies of their efficient process! 🕒 Thank you, Ennis Pleasants, for enlightening us on the importance of swift and effective claims handling! 🚚💼 #LogisticsLeaders #ClaimsHandling #GreatAmericanInsurance #Logistics #SupplyChain

“A challenging but rewarding experience equipping me with confidence, knowledge and competence”, is how Cyrill France Badong, RN, Cert. CII Wellbeing Manager at Lockton, explains her Cert CII qualification attainment. She explains: “The Cert CII has definitely improved my understanding of insurance principles and practices, and this has enabled me to demonstrate my expertise, both within my organization and to our clients.”

On Friday 22nd March Nick Whitear, Marine War Underwriter here at Canopius, will be attending the Marine Insurance London Conference to join the 'Adding Up the Risks' panel. Nick will be discussing the need for more data in the shipping industry to give insurers a greater understanding of the scale of their exposures and to help avoid some of their growing accumulation risks. He will discuss how insurers can use technology to track vessels, and also have greater visibility on sailing patterns and risk factors.   Find out more about our marine war cover https://lnkd.in/ehD4_8R7   #WarInsurance #MarineInsurance #MarineInsuranceLondon  

In the ever-changing seas of the #marineinsurance industry, foresight and preparedness are the beacons that guide a #ship through uncharted waters.

Thanks Terri Moran, for weighing in with some valuable tips to help fleet management better control their insurance costs.

❓ Did you know how and why ship classification societies originated? ⚓ Classification Societies emerged between the 17th and 18th centuries to meet the insurance market's need for truthful and reliable information on maritime incidents to calculate insurance premiums. At the time, the only available information on the quality and condition of ships came from interviews with captains conducted in bars and cafes. ☕ A historical gathering place for merchants, marine insurers, and others connected to the maritime world was Edward Lloyd's coffee house in London. Subsequently, in 1760, the coffee house patrons created a "Register Society" with the objective of classifying ships based on their condition and technical characteristics. 🤝 In 1834, a new ship classification society, the "Lloyd's Register of Shipping," was established by merchants, shipowners, and insurers. 🔎 Today, the periodic inspections conducted by the registers on ships are as follows: Annual inspection of hull and machinery. Dock and boiler inspection every 2.5 years. Special inspection of hull, machinery, and shafts every 5 years. ❗ If you have not yet conducted a check of your onboard hydraulic systems, contact us for a free quote. We will be happy to assess the condition of your systems and provide you with a scheduled maintenance plan. 👍 Follow us on our social media channels and visit our website. You can find the link in the comments. #superyacht #yachting #shipyards #marine

Late last month I was flying down to D.C. for a meeting with colleagues at Lockton. As we were making our descent, I saw a container terminal out of the window. Having watched “The Wire”, I figured we were over Baltimore. I kept my eyes peeled in anticipation of catching a glimpse of the wreckage of the Francis Scott Key Bridge. It had collapsed on 3/26/25 after an allision with the MV Dali, a 984ft long, 148,984-ton container ship. For reference, the vessel is nearly 200ft longer than the John Hancock Tower, the tallest building in Boston, is tall. I indeed caught a glimpse of the wreckage and snapped a photo. (I added that pic into the last page of the attached newsletter) The Dali had at that point been refloated and removed a week prior through a controlled explosion and the diligent work of the crews and tugboat operators involved, months ahead of schedule. The view of the wreckage was shocking – the loss life, nothing short of tragic. Looking out upon that level of destruction, one’s left with more questions than answers. What went wrong? Who is responsible? What are the implications of this port being shut down? When, how, and at what expense will the bridge be rebuilt? Earlier this month my colleague Jana Byron put together a fabulous write up to answer some of these questions from an insurance perspective. Her wealth of knowledge is representative of the expertise had across Lockton Marine. It's our global marine insurance practice that in recent years has been rapidly enriched by the addition, among other firms, of Lockton P.L. Ferrari - the oldest P&I broker in world - to the Lockton Group of Companies. #LocktonMarine #BaltimoreBridge #Shipping #Logistics #Trade #MarineInsurance

🌟 We're thrilled to share Waterlily Planning in action! 🌟 George Gagliardi, CFP®, MBA used Waterlily Planning to navigate a tricky LTCI continuation challenge after a carrier settlement. Check out how our platform made the difference: https://lnkd.in/g_tcjWwy #WaterlilyPlanning #LTCI #ClientSuccess #FinancialPlanning

Did you know Priority Risk Management also provides coverage for Boats, RVs, Motorcycles, and ATVs? When you need robust insurance for your recreational vehicles, we'll ensure you can keep having uninterrupted fun! Give us a call today at (317) 713-2959 to learn more about how we can help get you started. #PriorityRiskManagement #InsuranceCoverage #BoatInsurance #RVInsurance #MotorcycleInsurance #ATVInsurance #ToyInsurance #InsuranceServices #OutdoorInsurance #FunInsurance

Marshall+Sterling today enters its 160th year of helping individuals and businesses protect themselves from risk. We’re celebrating all the employees and owners who came before us and the work they did to get us here, as well as the more than 550 current Marshall+Sterling employee owners dedicated to a brighter, better, future. As part of this celebration, today we launch a new Marshall+Sterling brand that reflects our commitment to empowering our customers to predict, prepare for, and preempt risk. Our ampersand, which linked the names of our founders, has been replaced by a ‘plus’ symbol. As the video below explains, when you work with Marshall+Sterling, you receive so much more than a traditional insurance brokerage and wealth advisory company. You work with dedicated teams who are analyzing your risk, combining that data with their industry knowledge, and offering you advice about how to manage that risk to secure your success. I am extremely grateful to be leading this organization at this point in its history. All of us at Marshall+Sterling are excited about the future and looking forward to you becoming a part of the next 160 years we’re building together. #160years #marshallsterling #secureyoursuccess