CNA is collaborating with software maker Overhaul to beef up offerings for motor carriers.
Specifically, CNA will use Overhaul’s new risk management app TruckShield for its motor carrier coverage.
Announced earlier this year, TruckShield’s technology uses existing hardware in a motor carrier’s fleet to help drivers lock stationary equipment in place, resulting in increased asset and cargo protection.
In addition to equipment and cargo security, TruckShield’s technology also works to simplify insurance, maintenance, and safety administration, as well as allows motor carriers to build a data profile that demonstrates ongoing safety and compliance improvements — invariably lowering both cargo legal-liability and auto-liability costs.
Recently, Overhaul announced its $35 million Series B round, which brings its total funding to $55 million.
Source: CNA/Overhaul