This partnership will address the fact that the trucking industry is being impacted by rising costs related to litigation and insurance.
PHOENIX (PRWEB) November 13, 2020
Trucker Path, the most comprehensive and fastest growing mobile app for North American truckers, announced today a new partnership with Cover Whale Insurance Solutions Inc., the provider of an innovative commercial truck insurance platform.
“With Cover Whale’s technology driven platform we can provide insurance quotes to owner-operators in 24 hours or sooner and save customers an average of 15% on premiums,” said Steven Lopez, vice president of business development at Trucker Path. “This new service is a very timely addition for users of the Trucker Path app because for the first time since 2005 the American Transportation Research Institute’s Top Industry Issues report identified insurance costs as a key concern. This partnership will address the fact that the industry is being impacted by rising costs related to litigation and insurance.”
ATRI, a trucking industry not-for-profit research organization, received 3,122 responses to its 16th annual survey. Along with motor carriers and other industry stakeholders, more than 1,000 truck drivers responded to the survey. This year, insurance costs and availability were ranked fifth among the top ten concerns by all participants and fourth among carriers.
Through Trucker Path, Cover Whale is making available its commercial truck insurance platform. The advanced technology utilizes data analytics, automation, and actuarial risk scoring to streamline the application and quoting process, and provide 24/7 access to submissions, quotes, policy documents, and claims reporting.
"We are excited to launch our cutting-edge trucking insurance platform on Trucker Path,” said Dan Abrahamsen, CEO of Cover Whale. “Users of their mobile app will now benefit from fast and competitive commercial trucking insurance quotes supported by our highly experienced underwriting team."
For more information, visit Trucker Path Insurance Partnership.
About Cover Whale
Cover Whale Insurance Solutions Inc. is an InsurTech and national leader in trucking as a wholesaler and general agent for A.M. Best rated carriers. Specialized and experienced underwriters provide competitive rates, fast service, along with cutting-edge E-platform with full suite of self-service capabilities. Contact Cover Whale for additional info at Hello@CoverWhale.com and for a preview of the platform visit http://www.CoverWhale.com.
About Trucker Path
Trucker Path, the North American trucking industry’s most comprehensive and fastest growing mobile app for truckers, is in use by nearly 1 million drivers. The online platform’s unmatched capabilities provide access to vital up-to-date information about truck stops, real-time available parking, fuel prices, weigh station status, and truck scales and wash locations. The advanced technology, designed to eliminate inefficiencies in the transportation industry, offers navigational assistance with truck optimized routing, and its TruckLoads freight matching load board connects drivers, carriers and brokers. For more information, visit http://www.truckerpath.com.