Marsh Commercial to provide risk and insurance services to freight firm Pall-ex Group and network members
Marsh Commercial, a leading UK insurance broker and risk adviser and part of Marsh, today announced that it is to provide insurance and risk management services to Leicestershire-based Pall-Ex Group, a major international palletised freight distribution network of SME haulage firms, and members of its pallet delivery network. This follows the recent establishment of a dedicated Transportation Industry Practice Group within Marsh Commercial made up of specialists in broking, client service and claims.
Faced with an evolving risk landscape and challenging market conditions, Pall-Ex Group and its network members will have access to the solutions that will enable them to manage the risks they face and grow their business with greater confidence. Pall-Ex, which has recently acquired the assets and goodwill of Fortec Distribution Network Ltd., is now a leading player in the industry with over 160 UK members. Pall-Ex has been supporting the effort to deliver a quality palletised freight distribution service throughout the UK and Europe during COVID-19, helping to keep the supply chain for essential goods operational.
Damian Silverman, Client Director at Marsh Commercial, commented: “Our capacity to support organisations through change, combined with our extensive experience in the transport, haulage and distribution sectors, means we can draw on our collective insight to provide the best solutions for both Pall-Ex Group and its growing network of members.”
Kevin Buchanan, Pall-Ex Group CEO, added: “Our long-standing relationship with Marsh Commercial made them the ideal fit when it came to group insurance and ensuring the safety and compliance of our growing Pall-Ex Group membership. As we look to further grow into the business-to-consumer (B2C) market, we need to ensure the safety of our members, our network of incredible drivers, and the end customers. B2C deliveries offer their own set of challenges but with Marsh’s expertise within the sector I know we can work together and provide a quality, efficient, and safe insurance and risk solution to our entire membership.”
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.
is an award-winning network of hauliers compromising of a two leading UK pallet networks and four subsidiary depots. Pall-Ex is a renowned name in logistics, delivering an efficient and reliable service backed by innovative technology and a first-class network of established shareholder SMEs. With its headquarters and central UK hub located in the Midlands, Pall-Ex is the beating heart of the logistics industry, transporting more than 35,000 pallets across the globe every day with support from its carefully selected international logistics partners.