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The Guarantee launches new business segment covering the transportation industry


September 26, 2013   by Canadian Underwriter


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The Guarantee Company of North America has launched a new business segment offering coverage for the transportation market, dubbed Guarantee Transportation Solution (GTS).

“GTS is a one-stop insurance solution for Transportation companies,” said Angelique Magi, national vice president of strategic initiatives for the Guarantee.

“We’ve got the right people and the right partners in place to offer customers a fresh approach, rather than an annual negotiation exercise. II am so proud of what we are offering the marketplace as an alternative to traditional Transportation policies. The reaction from our broker partners on this initiative has been extremely positive.”

The offering includes a microsite and a mobile app called the Go-To Solution for brokers and customers to leverage expertise from several strategic partnerships in the transportation industry the insurer has formed for GTS.

Some of those partners include CargoNet, an offering for early cargo theft response, Carriers Edge, a driver training service and some legal expense coverage through DAS. The program also includes a partnership with claims service provider Crawford.

“Our new product, GTS, offers customers more than just a rate and wordings,” said Alister Campbell, CEO of the Guarantee. “We are providing them with real, distinct value. The Guarantee has built a comprehensive value proposition and a team that can deliver on it. This is an exciting step for The Guarantee as we continue to solidify our place as market leaders for defined specialty products in Canada.”

GTS is currently available to customers in Ontario, Alberta and the Maritimes.


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