Hub International partners with MAS Seguros
The alliance includes the US, Canada, and Mexico
Cars & Fleet
Written by Terry Gangcuangco
Insurance company Hub International has partnered with MAS Seguros, Mexico's largest truck insurance broker. The exclusive referral and reseller program includes the US, Canada, and Mexico, supporting businesses that conduct cross-border operations throughout North America.
Shifting manufacturing operations to Mexico, driven by global political dynamics and trade policies, presents increasing challenges for risk management. Companies moving goods between countries must deal with regulatory hurdles, crime, potential product damage, extreme weather events, and accidents.
Many Mexican shipping companies are also expanding in the US, again highlighting the need for robust operations and risk management solutions to protect cargo during transport to and from production facilities in Mexico, the US and Canada.
Lisa Paul, chief strategic officer of logistics operations at the Hub, highlighted: “The changing state of the Mexican economy, the modernization of trade agreements, and the growing tendency of companies to manufacture closer to North American markets have fueled the increased demand for the purchase of commercial goods. a foundational guidance and seamless cross-border insurance, risk and compliance chain solution.”
Through the partnership, customers of both Hub and MAS Seguros will gain access to an extensive network of insurance, risk management, and claims specialists, as well as legal referrals in all three countries.
Additionally, the Hub's proprietary platform, Hub Drive Online, will provide an integrated digital interface, which will enable clients to manage their telematics data and streamline their logistics operations.
“Partnering with Hub changes our operations as it helps expand our reach beyond Mexico and provides a true North American solution,” said MAS Seguros managing partner and CEO Alejandro Rentería.
“By combining our deep knowledge of the Mexican market with the Hub's extensive network, expertise, and technology platform, we are well positioned to deliver seamless cross-border insurance and risk management solutions to our clients.”
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