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Cargo Insurance
Every day, cargo valued in billions of dollars moves in and out of ports around the world. Anything could cause the damage or the loss of theses goods in unexpected ways, so it is understandable that you protect your cargo; therefore it will need cargo insurance. Cargo insurance is a coverage that carriers give to their goods to
The Allianz Group is significantly expanding its climate strategy by announcing an ambitious climate change protection plan. The plan will actively support the global initiative to change to a low-carbon economy over the coming decades. If Allianz’s climate change protection plan is followed through, the insurer will have phased out its property investments in coal-based business by 2040. Oliver Bäte,
By law, all shipping carriers are forced to offer a minimum amount of cargo insurance. But as suggested, it offers limited coverage. As a shipper, you can purchase additional cargo insurance to further protect your merchandise. This would give your cargo coverage while it’s in storage and in transit until it reaches its final destination.
Robotics in the insurance industry is starting to become a more usual sight. Brightside, partnered with Data Capture Solutions (DCS), introduced robotics to its back office activities. It seems like tasks such as documentation, printing and dispatch will automate if the insurance insutry follows Brightside’s path. David Holloway, firm’s transformation director, said Brightside is discovering that
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