Transportation Insurance
5 Tips for Successful ELD Implementation for Fleet Managers
Electronic logging devices (ELDs) are here to stay whether you love them or hate them. As of June 12, 2021, all fleets in Canada and the U.S. should have officially switched from AOBRDs to ELDs. ELDs automatically record your drivers’ Hours of Service and store reports and driver certifications—which help fleets stay compliant and save time on paperwork. To assist [...]
Introducing Bryson’s New Podcast
What is "Buzzing with Bryson"? If you are in the small percentage of Canadians who have searched for an insurance podcast, you have likely discovered that (a) the content is not intended for Canadians, (b) is by insurance people, for insurance people, or (c) is purely advertorial. In discussions with clients, we know many choose us for our advice, partnership [...]
The Value of a Fleet Safety Program
Accidents involving fleet vehicles are some of the costliest injury claims for a business. On average, the cost of a loss regarding a vehicle accident is about $70,000 -- twice as much as the cost of the average workplace injury. With no designated fleet safety program in place, you may be putting the interest of your employees and business at [...]
Safely sharing the road with transport trucks
Your vehicle license comes with more responsibility than just being able to parallel park without hitting the cars around you. It also means being aware of your surroundings while driving, especially when it comes to the vehicles and other drivers around you-- most notably, transport trucks. In Ontario, heavy truck crashes account for almost one-fifth of all motor vehicle deaths [...]
Economic Outlook with TD
It has been almost a year since COVID-19 rippled through our reality, economy, and the way we experience life. As we continue to survive through winter, it is time we begin to plan for warmer and brighter days ahead. Our economic environment continues to present several questions and concerns. Join us as we discuss the current economic environment for businesses in [...]
Introducing the Bryson Mobile App
Manage your insurance your way We have taken a giant leap in our ongoing effort to create a personalized and unique experience for our clients with the Bryson 24/7 Client Portal and Bryson Mobile App. Now, at your fingertips, is the power to manage your insurance your way. Providing flexibility in managing your insurance Our new client platform gives you [...]
The importance of measuring claims frequency and claims severity
Rising insurance premiums in the transportation industry Trucking Companies face several factors that continue to push insurance premiums higher for the transportation industry. Nuclear claims verdicts, increased collision repair costs, and more contribute to increased insurance premiums. While the rising costs associated may be out of your company’s control, how often your trucks get into accidents, and how severe those [...]
Operational & Cyber Risk for the Transportation Industry
Free Webinar: Operational and Cyber Risk Management | Transportation Sector - Impact of COVID -19 The COVID-19 pandemic has led to a number of headwinds for the transportation sector. As the conditions for the industry continue to evolve through this challenging time, we continue to seek opportunities to provide insight and risk management perspective. Our industry colleagues at Fernandes Hearn [...]
The challenge of declared value shipments in transportation industry
WHERE TO START WITH DECLARED VALUE SHIPMENTS IN THE TRANSPORTATION INDUSTRY In the provincially regulated world of Motor Truck Cargo in Canada, in order for a carrier to limit its liability exposure, it is advisable to mention the limitation of carrier’s liability, conspicuously, on the face of the bill of lading (BOL), with a space to declare the value of [...]
Solving Trucking Profitability Paradox – Webinar Recording
How do you run a profitable trucking company? Nuclear verdicts, rising insurance rates, depressed used truck pricing, difficult macro and micro economics and countless other curve balls make it difficult to run profitably. However, this is where the doom and gloom ends and opportunities start for the savvy transportation professional. https://youtu.be/pkK1nuGIYQ4 Key learnings discussed in this webinar include: Critical [...]