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Market Spotlight
February 23, 2022
 
 

Market Spotlight: Delivery

Delivery and courier insurance is commercial auto insurance that protects delivery vehicles from accidents and other liabilities. In today's growing market, where delivery services for restaurants and retail exploded during the pandemic, the right insurance coverage is critical. Restaurant delivery services have grown 20% in the last five years. And while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 - 40% of total restaurant sales. The global same-day delivery services market is expected to grow from $5.14 billion in 2021 to $6.43 billion in 2022 with the market expected to reach $13.32 billion by 2026. As delivery services and sales continue to grow, so have the risks. Industry reports show a rise in cargo theft, traffic fatalities and general liability losses in last-mile delivery are impacting this niche market.

Market Announcements

Pizza and Restaurant Delivery Program

Amwins Program Underwriters' Pizza & Restaurant Delivery program offers hired and non-owned auto liability coverage for pizza and restaurant establishments that offer food delivery services. Monoline HNOA liability coverage * Eligible accounts - Any type of restaurant that offers food delivery - 30 locations or less * Availability ...

States: 50 states

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Hired & Non-Owned Auto - Delivery

We've got a market for your clients who want to offer delivery due to COVID-19 restrictions on social distancing, including Restaurants, Grocery Stores, and other Food Delivery. Now considering Liquor Stores! * HNOA 6-12 Month Policies Available.  * Must use our carrier's application. * No Cannabis operations. ...

States: 19 states

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Last Mile Delivery

Looking for insurance solutions in Last Mile Delivery?Like you do for your customers, AGMI goes the extra mile to provide you the expertise in finding insurance solutions in today's world. We invite you to visit our website to find your solutions today. Become an AGMI Producer Today! What to expect ...

States: 23 states

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Ground Delivery Insurance - SAGE Program Underwriters

At SAGE Program Underwriters, We Are Experts in Underwriting:- FedEx Ground ISP or CSP Contractors- P&D- Line Haul- Amazon - Line Haul Only- Local, intermediate or long haulThe SAGE AdvantageOur unmatched industry expertise puts us ahead of the competition.- Access to exclusive top rated and stable insurance company partners- Competitive ...

States: 44 states

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Van Delivery

This business segment is experiencing unprecedented growth.We are a wholesale broker with access to competitive markets in this space.Let us be your partner in finding the right underwriter to help you win in the van delivery space.

States: 50 states + DC

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Forum Discussions
 

Comm Auto, Ca Risk

I have an electrian with 5 vehciles, all rated light truck. I need Symbol 1 Any Auto per a contract he has.Clear claims and driversHas Guard, won't write Symbol 1.

by BENKINS on Tue Feb 22, 2022

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Auto Liability Insurance

I am looking for auto liability insurance for a trucking company with 5 trucks in Houston, TX the CAB score is bad, in state runs only.

by tvactor on Sun Feb 20, 2022

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Upstate NY Steel Contractor $600k Premium GL/XS Only

New York State - Current GL Premium $250k plus $5mil Umbrella also $350k - total both policies $600k. looking to place GL & Umbrella ONLY! Looking to place a Steel Fabricator/ Erector (50%-shop/ 50%-install) doing total annual revenues of $10mil Located in Upstate NY doing less than 20% work in NYC and Buroughs also, need full Labor Law Law coverage. No subs, own's crane, Union employees...

by Houli on Wed Feb 16, 2022

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Commercial Short Term Rental Liability with Pool

Looking for General Liability policy on a commercial short term rental with a pool. Thanks for your help!Bart

by btaylorins1 on Sat Feb 12, 2022

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Golf Carts

Texas - risk is renting golf carts that are licensed for the road in Port Aransas, TX. Owner will deliver and pick up golf carts. Any and all help will be appreciated

by maryhbrown on Thu Feb 10, 2022

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