1365. #TFCP - Hidden Exclusions: Why Your Paper COI Doesn't Mean You're Covered!

Are you relying on COIs and assuming you're covered, or could one denied cargo claim put your brokerage at serious risk? Today, William (Billy) Worthington from Falvey Insurance Group explains why certificates of insurance can be misleading, how hidden exclusions and sublimits create massive exposure for freight brokers, and why understanding the actual insurance policy matters!

We talk through the complex risk profile brokers carry when managing multiple carriers under one policy, why broker cargo liability insurance and all-risk cargo coverage are no longer optional, and how inflation has made standard $100,000 cargo limits dangerously outdated.

Billy also covers how poorly aligned contracts can shift liability straight onto brokers, why fraud and double brokering losses are exploding, and how layered risk management, technology-driven insurance solutions, and higher coverage limits can protect your operation, your margins, and your customer relationships in today's volatile freight market!

About William (Billy) Worthington

Billy leads Transportation & Logistics at Falvey Insurance Group. With more than 10 years at Falvey, William is known for his professionalism, responsiveness, and ability to deliver strategic, solutions-oriented support to brokers and partners. His leadership and collaborative approach help strengthen client relationships and reinforce Falvey's reputation for excellence in the specialty insurance market.

Connect with Billy

• Website: https://falveyinsurancegroup.com/
• LinkedIn: https://www.linkedin.com/in/billy-worthington-32a98057/

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