Autotransporters are technologically advanced trucking companies with unique hazards. Traditional policies combine Autotransporter coverage with Motor Truck Cargo (MTC) and Vehicle Physical Damage as a part of a wider Auto Liability (AL) policy.
The issue is that Autotransporters present fundamentally different risks, with distinct operating models, exposures, and lower loss frequency profiles compared to traditional Motor Truck Cargo businesses. However, the market has often treated them similarly.
That disconnect is exactly why Rokstone’s US Marine team has secured a new USD 1 million capacity deal to launch a dedicated specialist Autotransporter solution, marking another important step in the continued expansion of Rokstone’s Inland Marine proposition.
Built For A Specialist Risk
The new solution has been developed in response to a market with limited options, reduced flexibility, and a broker demand for more specialized approaches to Autotransporter risks.
Autotransporter risks require a more tailored underwriting approach. Rokstone’s new facility has been designed specifically around those requirements, providing clients with:
Dedicated specialist wordings
Flexible deductible structures
Broader limits
Better alignment to their actual risk profiles
The additional capacity also allows Rokstone US Marine to expand its target segment to include larger fleet operations hauling new vehicles, while helping brokers address a challenging renewal environment where fewer markets can offer the coverage extensions and specialist wordings Original Equipment Manufacturers (OEMs) and Shipping companies require.
Expanding Specialist Marine Capability
The launch reflects our broader strategy of identifying underserved areas in the market and swiftly providing specialist underwriting solutions that offer brokers greater choice and flexibility.
As Rokstone enhances its Inland Marine capabilities, the Autotransporter solution strengthens an already growing specialist platform, delivering underwriting expertise along with a more efficient broker experience.
Rokstone is also combining underwriting capability with technology-enabled processes to support:
Faster turnaround times
Consistent underwriting decisions
A strong claims experience
Improved broker responsiveness
For brokers, this means faster access to specialized underwriting support and solutions tailored to the real risks involved.
Responding to Market Demand
Speaking about the new capacity, Mike Nukk said: “This is great news for the market, at a time when we see continued retraction. Adding this new capacity is critical as inflation and technology improvements are causing new vehicle costs to rise exponentially.
He continued, "Speed matters in this market; not only are we bringing innovative solutions to brokers and their clients faster than our peers, but guaranteed faster turnaround times, consistent underwriting, and a superior claims experience.”
The launch of the specialist Autotransporter solution represents another example of Rokstone’s ability to move quickly, respond to changing market conditions, and build specialist solutions where brokers and clients need them most.
