Operations

Got Insurance Questions? They've Got Answers

Lexi Tucker
Posted on November 9, 2016

(L to R) Matt Mushorn of Lancer Insurance Company, Mike Marroccoli of Capacity Coverage Company,  Richard Ackerman of P.A. Post Agency, LLC, and Michelle Wiltgen of National Interstate Insurance Company will help operators navigate through the tricky world of auto insurance.
(L to R) Matt Mushorn of Lancer Insurance Company, Mike Marroccoli of Capacity Coverage Company,  Richard Ackerman of P.A. Post Agency, LLC, and Michelle Wiltgen of National Interstate Insurance Company will help operators navigate through the tricky world of auto insurance.
“The State of Insurance In The Ground Transportation Industry," a session held during LCT East on Nov. 15, brings together experts on one of the most important (and often confusing) topics for operators.

According to the 2016 LCT Fact Book, operators rated insurance as the second biggest challenge for the industry. If you find yourself asking questions like: 1) Why are my insurance rates so high?; 2) How can I better understand premium/rate fluctuations associated with commercial automobile insurance?; 3) What is the most efficient way to shop for my insurance renewal?; 4) How do I implement proper loss control and safety tools to ensure I can keep the best rates available in the market?; 5) What are the benefits of having a strong pre- and post- claims management procedure?

Then Richard Ackerman (P.A. Post Agency, LLC), Mike Marroccoli (Capacity Coverage Company), Matt Mushorn (Lancer Insurance Company), and Michelle Wiltgen (National Interstate Insurance Company) are ready to help. The seasoned insurance executives who represent diverse policy suppliers outlined key takeaways for the session:

  • Ackerman: “You’ll understand the importance of applying best practices within your organization to help reduce the overall cost of automobile insurance.”
  • Marroccoli: “Operators will have a better grasp of the insurance buying process and what they can do to qualify for the best possible rates.”
  • Mushorn: “I hope operators will walk away [knowing] what affects their pricing, and I think they will learn how to better present themselves to carriers.”
  • Wiltgen: “Attendees will learn what they can do as operators to make their accounts better and therefore make their business more attractive to insurance companies. I would hope they would gain a better understanding of what insurance is all about and will be able to navigate it better. I think one of the biggest problems is they don’t have a deep enough understanding, and it’s probably one of their top three expenses.
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Related Topics: Atlantic city, industry education, insurance policies, insurance rates, Lancer Insurance, LCT-NLA Show East, limousine insurance providers, Safety & Insurance

Lexi Tucker Associate Editor
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