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US insurance brokerage HUB International has introduced a new digital platform to streamline the procurement of products and services for commercial fleets.
HUB Fleet Solutions Marketplace will provide access to a comprehensive suite of products and services including fleet management, maintenance and diagnostics, asset tracking and insurance.
The new marketplace will also offer other fleet solution categories such as regulatory compliance, telematics, transport management and technology.
HUB stated that its fleet solutions marketplace currently caters to commercial fleets of all sizes, in various industries.
It is expected to offer a simplified process for finding and securing the right solutions from trusted vendors, addressing the challenge of managing risk and obtaining competitive insurance rates.
In addition to a range of vendor-sourced products and services, the marketplace features technology solutions from HUB Drive Online, HUB’s proprietary technology platform.
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By GlobalDataHUB Drive Online consolidates data, operations, as well as service providers and risk management programmes into a single platform, thereby enhancing clients’ ability to manage their transportation operations efficiently.
According to HUB, the companies that are a HUB Drive Online client can use the data from the products purchased from HUB Fleet Solutions Marketplace to lower their insurance rates and for enhancing risk management.
Furthermore, the marketplace enables users to browse by category, search for solutions using keywords, book a free consultation with vendors, or receive custom recommendations based on fleet size and industry.
HUB Transportation Specialty CPCU chief strategy officer Lisa Paul said: “We have selected more than 70 trusted vendors to provide tailored products and services in a one-stop shop for commercial fleets.
“Our large network provides clients with innovative, cost-effective fleet solutions for their day-to-day needs.”
In November 2023, HUB expanded its offerings with the launch of Violent Acts Liability Insurance, a product aimed at helping businesses in the US and Canada recover from tragic incidents by filling coverage gaps in existing policies.