Risk Insight: How Coronavirus is affecting Cargo Insurance Customers What is the likely/potential impact on Supply Chain? All areas of the supply chain in or via countries impacted expect to face reduced capacity to handle goods due to restrictions on movements of people and cargo. These restrictions are likely to have a significant impact on…
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Tag Archives: cargo
Managing cargo risk during the COVID-19 outbreak
Keep on moving; managing cargo risk during the COVID-19 outbreak The impact of the COVID-19 virus and the measures put in place by governments and authorities to try to combat its spread are affecting all types of businesses across the whole world. In these times, the protection of health, safety and lives is paramount. While…
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The threats and opportunities of autonomous ships
As autonomous cars feature increasingly in the headlines, it seems the world of shipping is not far behind. Currently, Norway seems to be leading the way with collaboration between international technology group Kongsberg and chemical company Yara, in order to build a fully autonomous, electric container ship. The Yara Birkeland, due to be launched in…
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One reason not to just focus on price – claims examples
Many decisions on purchasing insurance are made purely down to price. The claims scenario below is a real situation that occurred, the 2 responses below show how two different policies would respond to the same claim. In this instance, the client had the wider cover and was extremely glad they opted for the better product!…
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