A new insurance company from BulkLoads.com’s founders now provides coverage for small businesses in the bulk transportation and commercial sectors.
Bulk Insurance Group, which launched June 15, was created to advocate for carriers through personal client relationships, according to Jared Flinn and Matt Fredin, co-founders of BulkLoads, whose load board includes pneumatic and liquid tank trailer loads of frac sand, chemicals, and other products. With 20 years of experience in bulk transport and insurance, they say they know how to protect carriers in the sector.
“Our goal 11 years ago, and still today, is to help the needs of small trucking businesses,” Flinn said. “Insurance is a requirement, and we want to solve the pain points by providing expert industry knowledge and outstanding customer service.
Larry Hurt will serve as CEO of the new insurance group, the company said. He previously worked as a risk advisor for BXS Insurance and supply chain consultant with C.H. Robinson.
“I’m unbelievably humbled and grateful for the opportunity to be a part of the Bulk Insurance Group team,” Hurt said. “We exist with one goal in mind, which is to better serve the transportation, agriculture, and commodity industries through strategic insurance partnerships and industry knowledge.”
BulkLoads.com started as a load board for bulk haulers in agricultural markets and then expanded into other bulk commodities, including liquids. The company, which facilitated the movement of more than $9 billion in commodities in 2021, also now offers an app, quick-pay services, and a list of available trucks.