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NTI moves into new road freight niche

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Specialist transport and logistics insurer NTI has joined with leading freight marketplace to launch direct single transit insurance.

The partnership enables users an option to take out the cover on qualifying jobs booked through the platform.

NTI GM Direct Alan Hasted says the partnership marks the insurer’s first foray into the direct single transit niche.

“We have an opportunity with Truckit to tap into a largely untapped section of the market – individuals who purchase goods through online marketplaces or micro/small businesses shipping to consumers,” he said.

“Currently these groups don’t insure because they don’t know they need to.” MD Robert Russell says the partnership is the first of its kind in Australia.

“Our customers have made it clear they want the additional confidence provided by insurance that covers their materials while on the road,” he said. “Our users will now have a seamless, fully integrated option to insure their goods while in transit.

“NTI has gone above and beyond to ensure our customers have access to the best insurance coverage at the most affordable price and we look forward to growing the relationship in the future.”