TIMBY Specialty Insurance Solutions Launches Warehouse Legal Liability Coverage
New product builds on TIMBY's inland marine insurance offering to support the logistics and transportation sectors
With limits up to
Founded by insurance industry veteran and inland marine specialist
"Building on TIMBY's initial success in the inland marine market, the launch of warehouse legal liability represents the continuation of our foray into the transportation logistics space – a key strategic step toward our mission to provide the best solutions for our distribution partners," said
Target industries for the coverage include public and contract warehouse operations engaged in the business of storing others' property for a fee, including handling and processing operations. "E-commerce packaging and repackaging exposures are constantly changing, and now, with increasing concerns about supply chain risk, many companies may be stockpiling more products than they previously stored – increasing potential liability exposures. It's essential that brokers speak with their insureds to ensure they have appropriate coverage for the goods stored in their warehouse facilities, and that's exactly what our warehouse legal liability product is designed to provide."
About TIMBY Specialty Insurance Solutions
Founded in 2021, TIMBY Specialty Insurance Solutions offers best in class coverage solutions for the Transportation, Logistics, Energy, and Construction industries, including Motor Truck Cargo, Warehouse Legal Liability, Contractor's Equipment, and an ever-expanding suite of inland marine specialty coverages. Written on A.M. Best 'A-' rated paper, TIMBY's products are built to provide superior data driven insurance solutions with a personal touch. To learn more, visit https://timbyins.com.
About Mission Underwriters
Mission Underwriters is a technology-driven property and casualty underwriting platform that provides opportunities to entrepreneurial underwriting teams, primarily in the commercial lines segment. To learn how to launch your own program with Mission, visit missionunderwriters.com.
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SOURCE TIMBY Specialty Insurance Solutions
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