Arrow Trucking Co. said Monday it has enlisted Lloyd's of London to provide excess insurance coverage for its transportation operation.
"Lloyd's offered the optimal balance of risk coverage and cost management," said Joe Mowry, general counsel and executive vice president of Tulsa-based Arrow Trucking, one of the largest flatbed transportation companies in North America.
"We are very pleased that Arrow Trucking Co. elected to do business with Lloyd's," said Joe Dryden, vice president of Lockton Insurance Co., the insurance broker that facilitated the transaction. "The Lloyd's syndicates were excited to initiate business with a company the stature of Arrow Trucking. Arrow has one of the best safety programs in the industry."