The WHLL product provides coverage for third-party property stored at warehouse facilities, with limits of up to $5 million per location. Going beyond traditional storage coverage, the policy offers optional protections for activities such as handling, repacking, and processing—services that are increasingly common in modern warehouse operations. The new product is available exclusively to TIMBY’s appointed agents and brokers and is backed by A-rated admitted capacity.
“Our warehouse legal liability product represents a strategic expansion of TIMBY’s inland marine capabilities and is a direct response to the growing risks faced by warehouse operators in today’s logistics landscape,” said Tyler Van Spanje, CEO and Founder of TIMBY. “By combining advanced underwriting technology with traditional underwriting expertise, we’re delivering a solution that meets the complex needs of today’s warehouse operations.”
Founded in 2021 by Van Spanje, a seasoned inland marine specialist, and supported by Mission Underwriters, TIMBY initially launched with transportation-focused coverages such as auto physical damage and motor truck legal liability. The company quickly broadened its offerings to include contractor’s equipment coverage for the construction sector. With the launch of WHLL, TIMBY continues its push into the logistics and transportation sectors.
The new WHLL product is especially relevant in a supply chain environment marked by growing e-commerce demands and shifting storage practices. Warehouses increasingly face liabilities from services beyond simple storage, and with businesses stockpiling more inventory amid supply chain uncertainty, the risks are rising.
“E-commerce packaging and repackaging exposures are evolving, and many businesses are storing more inventory than before,” Van Spanje added. “It’s critical that brokers work with their clients to ensure their warehouses are adequately protected. Our new WHLL coverage is designed to do exactly that.”
TIMBY’s latest product underscores its commitment to providing innovative, tech-enabled insurance solutions that keep pace with the rapidly changing logistics landscape.
