LIFE INSURANCE: FEDEX offers a solid life insurance policy to its team members for an affordable price. This document and any recommendations, analysis, or advice provided by Marsh (collectively, the “Marsh Analysis”) are intended solely for the entity identified as the recipient herein (“you”). Competitive rates The large volume of cargo insurance written through the FedEx Cargo Insurance Programme ensures that the premium rates obtainable are competitive. FEDEX participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary. Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Since 2011, we have had the same goals: keep employees safe and keep insurance premiums low. Typically, fedex ground contractors sign up through a program with Marsh for workers comp and auto liability (as you probably already know). ACE American Insurance Company WLRC67458977, WCUC6745909A Indemnity Insurance Co. of NA WLRC67459015 ACE Fire Underwriters SCFC67459052 : Statutory and $5,000,000: 10/01/20– 10/01/21: FedEx Logistics, Inc. / FedEx Trade Networks Transport & Brokerage, Brokerage, Inc. AIU Insurance Company Marsh is a Global Leader in Insurance Broking and Risk Management. A buddy of mine work for an insurance brokerage firm that has a insurance program for workers comp and auto liability that would save you contractors anywhere from 20-30% a year in insurance premiums. Marsh Insurance Program For Certain Independent Contractors & Independent Service Providers Under Lease to FedEx Ground Package System, Inc. Marsh is a global leader in insurance broking and risk management, bringing global, national, and industry-specific solutions. Verification of Insurance The Risk Management department of Federal Express Corporation provides the following verifications of Insurance solely as a matter of courtesy for our customers and others. Paradiso Insurance is the only independent insurance agency in the country that has created the best national workers compensation insurance programs for FedEx Ground Local P&D and Line Haul Contractors. FedEx will submit all claims documentation to Marsh Proprietary Limited for processing and prompt settlement within the terms and conditions of the policy. These verifications extend no liability to our insurers and provide no insurance … Postal Service estimates it will handle more than 17 billion cards, letters and packages. FedEx Supply Chain Distribution System, Inc. Learn More Impact Recruiting & Retention Program We help clients better quantify and manage risk to survive and thrive. Its four main operating companies are Guy Carpenter, Marsh, Mercer, and Oliver Wyman Group.. Marsh & McLennan Companies ranked … As the insurance company, LIU insures the risk and pays the claims. Marsh has teamed up with Meridio, a leading provider of health and life events solutions, to offer enhanced coverage benefits for your greatest investment – your employees. Parcel Delivery Insurance Since 2011. FedEx is expecting more than 280 million parcels during the same time period, and the U.S. Marsh, the insurance broker, has placed the RS Package Insurance program with the insurance company Liberty International Underwriters (LIU), a leader in cargo insurance and a high quality service provider. 2011, we have had the same goals: keep employees safe and keep insurance premiums low and pays claims. Year worth of employee 's salary keep employees safe and keep insurance premiums low large volume of cargo Programme. Have had the same goals: keep employees safe and keep insurance premiums low volume. 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