Allianz delivers fully-integrated and comprehensive insurance solution for inland cargo

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched Inland Marine cargo insurance product Transportation Block 2020. The offering features new cover for a wide spectrum of transportation exposures, including those recently created by the FDA’s Food Safety Modernization Act (FSMA).

“As the Federal Motor Carrier Safety Administration, The Federal Highway Administration and the FSMA implement sweeping changes across the trucking and rail industries, AGCS has responded with solutions engineered by industry veterans who understand the evolving challenges facing transportation and logistics companies,” said Sam Rizzitelli, Transportation Practice Leader, Americas for AGCS.

“As the FSMA compliance deadlines approach, companies are struggling to keep up with the required guidelines and exposures affecting the entire food supply chain. We’re here to help our customers digest and follow the legislation as quickly and easily as possible,” said Rizzitelli. “The industry has drastically changed in a short period of time and the cargo policies drafted just five years ago are becoming ineffective and obsolete. We owe it to our business partners to keep up with evolving risks and are working to meet the next wave of challenges as well.”

AGCS assembled its dedicated North American Transportation and Logistics unit in Q4 of 2015.