Lynx extends its transport insurance cover and services

Success in offering specialised niche Transport Insurance products to the market has seen specialist transport underwriting management agency Lynx Heavy Commercial Vehicle Underwriters (Pty) Ltd, a company underwriting on behalf of Randburg-based GENRIC I

GENRIC has a renewed emphasis on growth and Commercial Executive Cornel Schoeman says a series of product and partner focuses are being communicated to the market. Niche specialist product offerings are supporting the GENRIC strategy.

“Lynx has fully utilised its niche offering, opening up new market opportunities and supporting customers with specialist underwriting and claims handling,” says Schoeman.

Lynx CEO, Wayne Phillips, notes that the amount of goods transported by road is necessitated by the gap left by the largely defunct rail transport network.

“We have made strong inroads into this specialised insurance market with innovative insurance products. By taking advantage of our extensive knowledge and experience base, we have brought to the market risk management solutions tailor-made for the road transport industry which offer both Goods in Transit as well as Heavy Commercial Vehicle Insurance solutions to the benefit and convenience of all our clients.”

“The Lynx insurance extensive knowledge base, custom-made products and pool of expertise underpins preferential rates and value-added services for fleet operators and owner-drivers. The insurance offering is based upon a deep understanding of the contractual requirements of transporters. The Lynx policy covers all of the basics in terms of the law and is conscious of the risks involved. It is a simple, understandable product that is flexible enough to accommodate the needs of the overall transport market and makes it easier for brokers to provide their clients with special covers and solutions” adds Phillips.

Lynx has access to specialised expertise and solid support services from insurers and re-insurers with streamlined processes and quick support for the broker community.

Phillips says that transporters need assistance in many ways beyond just the insurance of their vehicles. Lynx also offers specialist covers such as Hazmat (hazardous materials spillage and treatment), and a 24-hour support system for vehicle breakdown, towing and recovery as well as load recovery.

“In line with our current growth Lynx has appointed new staff members to support the growing customer base. Jacky Prinsloo, a goods-in-transit claims specialist, and Jolanda Kuhn both have many years of experience, boosting the claim handling capacity and providing superior claim support to our customers. In the Cape area Annerien Theunissen services our growing broker base in the province. She has a wealth of experience in the transport market and we are confident that her dedication and enthusiasm will continue to be well received. Carike van der Merwe’s appointment as Financial Manager ensures that we can provide our Underwriting and Claims department with the financial support they need.”

For additional information, GENRIC Insurance Company Limited can be contacted during office hours on 086 144 4462, Monday to Friday.