Friday, 04 May 2018 by Luis Gondelles
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.
Monday, 09 April 2018 by Luis Gondelles
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
Wednesday, 21 March 2018 by Luis Gondelles
Allianz announced the creation of Allianz Insurance Lanka (Allianz Lanka) after it reached an agreement with Janashakthi Insurance PLC to acquire 100 of its subsidiary (Janashakthi General Insurance Ltd.) for €85.9 million, or approximately US$106.3 million. The transaction is still subject to regulatory approval and is expected to be completed in the first quarter of
Monday, 19 March 2018 by Luis Gondelles
Allianz UK reported higher profits and an improvement to its core ratios for the year to December: The UK operations of the German insurer saw operating profit for the year rise to £121.3m from £96.2m in 2016. Chief Executive Jon Dye said higher profits would have been met if it wasn’t for the Ogden discount.
Reefer market has seen a recovery in the last couple of years. In 2015, worldwide international refrigerated perishables trade volumes dipped by 2% of an estimated 144.4 million tons. The reefer market grew in 2016 by 3.5% and in 2017 it was expected to improve by 4% as trade in both conventional reefer ships and
Friday, 09 March 2018 by Luis Gondelles
Artificial Intelligence, known as AI, is essentially software that is able to think and learn like a human. Today, basic forms of the technology are able to perform specific tasks – like checking an insurance claim for fraud. Slowly but steady, the impact of the AI in the insurance industry is starting to become more obvious.
The Intermodal South America 2018 is one of the most important events in the South American continent for container transport and logistics professionals with over 400 exhibitors and 33,000 sector professionals, from cargo agents to logistics operators and many more. The Intermodal South America 2018, which will be celebrated from March 13th to March 15th,
Monday, 05 March 2018 by Luis Gondelles
Visa and Allianz are bringing a new mobile payment app for consumers with Allianz Prime that enables customers to make payments with their mobile device online and in stores. The app features built-in security technology pioneered by Visa that replaces sensitive payment card account information with a unique digital identifier (a “token”) that can be
Wednesday, 28 February 2018 by Luis Gondelles
All of the reefers in the world consume as much energy as a small state. Since most reefers use fossil fuels to run the refrigeration system’s compressor, fan and electronics, the specialized containers emit millions of tons of CO2 each year. Is there a way to reduce reefers’ CO2 emissions? Can reefer-owners “green” their reefers
Wednesday, 31 January 2018 by Luis Gondelles
Companies’ digital and physical assets begin to merge in ways that were not possible even a few years ago. This raises the need for businesses to cover more than databases, email, customer tracking systems and intellectual property in case of a cyber-attack. Dan Trueman, the global head of cyber at AXIS Insurance, says it’s time for