04/29/2025
Work Comp for Transportation, Distracted Driver training, and More
We know you need the latest buzz in the insurance realm, and as always, we’ve got you covered! Our work comp for transportation risks is build from the road up to be in the cab with drivers, and our risk control experts weigh in on creating distracted driver training for fleets.
Paragon is on the road with you
When it comes to work comp for truckers, companies need coverage that understands their unique demands. Finding the right program for your clients can be challenging as a broker. That’s where our specialized work comp for truckers program comes in—offering flexible, nationwide coverage that fits various trucking operations, from freight haulers to fuel dealers and everything in between.
We’ve designed our program to meet the specific needs of trucking businesses, providing brokers with a streamlined solution that’s easy to implement and packed with added benefits. Here’s what makes our program different and how it can help keep your trucking clients on the road.
Paragon Risk Control Highlight – Distracted Drivings
One of the leading causes of vehicle-related accidents and fatalities is distracted driving. As we know, undivided attention while driving is a must, but getting drivers to adhere to this practice is a challenge.
Risk Control Offers Help
Creating a driver training program provides a good foundation and refresher for your drivers. Distracted driver training specifically helps provide awareness and information about driver behaviors that will help your fleet of drivers better handle driving responsibilities. With the increasing use of technology and constant distractions on the road, it is more important than ever to ensure that your drivers are trained to stay focused behind the wheel.
Want tips to make your own program? Check out our resource on Distracted Driving.
The MGA Incubator
While much of the industry continues to juggle inflation, tariffs, trade tantrums, etc., there’s one corner of the insurance world that’s thriving: the managing general agency market. This is especially the case in the United Kingdom, where 300+ MGAs now underwrite over 10% of the country’s $62 billion general insurance market.
Renewal Outlook
J.P. Morgan analysts are calling the pricing outlook “very much up in the air” — with U.S. losses piling up, a loaded hurricane season looming, and lackluster pricing trends so far this year. But hey — it’s not all doom and gloom. The good news? Margins are holding strong, LA wildfires were manageable, and there’s still plenty of capital floating around.
Civil Unrest
According to Allianz Commercial’s latest report, businesses today are far more worried about strikes, riots and political violence than they are about routine issues like taxes or even supply chain hiccups. In fact, SRCC topped the list of political risks, with over 50% of global businesses calling it their No. 1 concern. And with more than 800 anti-government protests reported globally in 2024 alone, it’s not hard to see why.
Cyber Storms
Munich Re projects cyber will hit $16.3 billion in premiums by 2025 and then explode all the way up to $32.4 billion in five years due to a perfect storm of ransomware, data breaches, scams and supply chain attacks..
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