Insurance solutions driven by expertise

Insight. Service. Performance.

Oval Transportation

Specialist risk and insurance solutions for the transport and logistics sector

Contributing nearly £75 billion to the economy annually and employing 2.3 million people in over 196,000 companies, the freight logistics industry keeps UK business in business1. Over 60% of freight is carried by third party logistics (3PL) firms and the balance by own account and in-house operators2 – and typically to strict scheduling governed by Just In Time (JIT) delivery methodologies.

In a business transformed by technology automation, real-time inventory management, route planning, goods tracking and proof of delivery (PoD), the relationship between import/export, production, distribution, the customer’s door and the retail shelf runs to tight margins. Whether you’re a 3PL or an own account operator, you’ll know how important it is to sweat your assets and keep a tight lid on costs. With liabilities that span your people, vehicle fleet, goods in transit, contracts and warehousing, you seek an integrated approach to risk management that simplifies complexity, optimises costs and maximises cover.

While risk is an everyday part of your business: risk is our business. Oval Insurance Broking (Oval) is one of the UK’s leading brokers for the transport and logistics sector and many of our highly qualified risk consultants are drawn from the industry. This commitment helps us deliver the insight, empathy and innovation that ensure your range of transportation, haulage and fleet insurance policies are simple, competitive, efficient and cost effective. It also provides you with on-demand expertise from people who take the time to understand your business and your processes – then translate that knowledge into transportation insurance that works harder for your bottom line.

We work with the leading specialist underwriters, offering bespoke transport and logistics insurance policies that close the gaps and anticipate emerging risks – ensuring the goods, asset and people protection you demand is in safe hands. Our dedicated transportation insurance team has access to the Lloyd’s, London and regional insurance markets. This proven practical and intellectual expertise has made us the insurance partner of choice for transportation companies across the country and delivers the know-how to service both UK and global transportation insurance programmes.

Welcome to Oval Transportation: covering you from A to B and all points in between

For road transport and logistics operators, risk and liability is complex and multi-layered. Fuel price volatility and fierce competition pressurises margins and makes cost control a critical factor for efficiency, agility, productivity and profitability. That’s why it pays to work with an insurance partner who understands the supply chain – and your role in it.

A leading UK commercial insurance broker, we act as advisers to logistics trade bodies and associations and have developed a number of exclusive transportation insurance schemes, including bespoke cover for Hanson Franchisees and TNT. Our tailored insurance solutions include transportation-specific, exclusive and enhanced policy features and wordings not found elsewhere. Spanning the full spectrum of road transportation applications, we’ll help you identify liabilities, cut costs, quantify risk and mitigate losses across the following operational and administrative areas:

• MotorFleet• CarTransportation• GoodsinTransit• Health&Safety• Employers’Liability&PublicLiability• ContractualAdvice• Warehousing• SelfInsuredSolutions

1-2Skills for Logistics, 2010

www.theovalgroup.com

Intelligent insurance solutions geared around the needs of your businessYou’ll find all the transportation insurance solutions and services you need to help protect your business against the expected and the unexpected alike – under a single roof and with a single specialist team that speaks your language. Our approach is based on a strong service ethic and focused on the key risk management values you expect.

• A safe pair of specialist hands: a partner you can trust, backed by experience, commitment, national reach and a proven track record in transport and logistics, able to meet the exacting risk needs of your business at every stage of your growth and development

• Comprehensive cover: we have developed a range of comprehensive conventional and non-conventional covers for motor risks, goods in transit and liabilities – with none of the pitfalls of non-specialist insurance

• Market momentum: a combination of size, attention to detail and demonstrable understanding of your industry and our clients means insurers trust us and are keen to work with us. We negotiate hard on your behalf, with a core focus on delivering value-based solutions that you can rely on at the moment of truth

• Entrepreneurial attitude: working with the leading specialist insurers, we proactively develop bespoke covers and policies that address the emerging risks you face – for instance, supply chain security, environmental factors and sustainability

• Partnership approach: a total commitment to understanding your business sits behind our long-standing client relationships and market-leading retention rates

• Innovative mindset: we are constantly investing in ways to support our service delivery and risk management support – including online documentation and cover summary access

• Fast, expert problem solving: we’re proud of our reputation, and we are committed to providing a quick response that makes the most of our cumulative risk and insurance expertise

• Client benchmarking that drives best practice: working with a diverse range of transportation organisations, we analyse the strategic trends – then share and apply our learning

• Competitively priced quotes, services and deals: our lean business model keeps our structure flat and overheads down, enabling us to pass premium savings directly onto you

• Expert claims handling: we don’t outsource claims handling – that’s why you’ll always receive a prompt, no-hassle service from our expert, in-house and UK-based transportation claims handlers

• Exceptional reach and world class service: we have nearly 800 people working through our nationwide network of offices, so we’ll always deliver that personal service, wherever you are

• High performance risk management: part of The Oval group, we also provide a wide portfolio of specialist insurance, financial and healthcare services that can add value to your business

Insight. Service. Performance.Oval is at the forefront of protection for the transportation industry. We are respected lead-participants across a wide range of sector stakeholders and proactively help develop best practice and innovation.

Above all, we invest in our people. We have drawn together experienced, high calibre professionals who blend the advisory, administration, technical and listening skills essential to delivering exceptional levels of insight, service, continuity, agility and performance. At Oval, we keep workloads manageable so our people have the time and scope to listen, understand and deliver the solutions and high service standards you demand.

Would you like to talk?If you have any questions or would like to explore how you can make your insurance work harder for your organisation, we’re here to help.

CallJoWhittaker,ManagingDirector–IBMarketingon:01992 449 473

Or drop her an email at: jo.whittaker@theovalgroup.com

Oval Insurance Broking LimitedRegistered Office: 9 South Parade,Wakefield, WF1 1LR

RegisteredinEnglandNo:01195184Authorised and regulated by theFinancial Services Authority.

www.theovalgroup.com

Insight. Service. Performance.

About The Oval groupThe Oval group is a leading UK risk, insurance broking, healthcare and financial services advisory group.

With offices across the UK, Oval Insurance Broking (Oval) is the specialist risk management partner of choice for thousands of businesses and individuals across a range of disciplines and industry sectors.

From general insurance to sector-specific requirements, Oval’s strength lies in designing bespoke, dynamic and keenly competitive risk solutions that fit your needs exactly. Our skilled specialists take the time to understand those needs, simplifying risk to deliver a consistently innovative, high standard and high performance service, that adds value, capability, agility and a competitive edge to your business.

For more information, visit us at www.theovalgroup.com