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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Drivers suffer considerable danger whether they are delivering laundry, takeaway food, medical supplies or other goods. When drivers conduct active deliveries, this policy protects companies and drivers against a variety of legal risks.
The phrase "last mile delivery" refers to the delivery of goods from the closest distribution centre to the final location, such as a residence or place of business.
The phrase is frequently used in relation to supply chains for businesses, delivery services, and food delivery.Unplanned detours and pointless idle time are prevented by a last-mile delivery programme. It guarantees that drivers complete deliveries using the most effective routes. These all have a favourable effect on fleet productivity.
The Global Last Mile Delivery Insurance Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
In collaboration with CarrierHQ, Aon announces a Last Mile Delivery Insurance Program. Aon plc, a top provider of professional services around the world, and CarrierHQ, an insurtech company based in Indianapolis that specialises in usage-based commercial insurance programs, today announced the launch of their Last Mile Delivery insurance programme.
The initiative, a first of its type, offers operators in the last mile delivery sector customised, cheap, and continuous coverage solutions removing the ambiguity of regular policy renewals and offering much-needed flexibility by only charging a premium when vehicles are in use.
Customers are given access to a user interface and application process that are among the best in the business and that have been crafted by a committed and experienced staff, guaranteeing the greatest customer service and support available.
By enabling operators to manage their policy requirements with only a few clicks, the technology-forward experience will keep developing and assist in meeting their demands post-bind.
The programme builds on the highly regarded Small Fleet Advantage program, created by CarrierHQ in collaboration with Aon, which is the trucking industry's first and only commercial trucking insurance programme to support 100% online quoting, buying, and binding of policies and one of the fastest-growing commercial trucking programmes in the country.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |