How to file a container insurance claim?

We have talked about the reasons why container insurance is so important for your business and which is the one that could suit you better, but today we are going to show you a step-by-step guide for that occasion when your container or intermodal units have suffered any damages. Then you need to know how
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Six of the top ten high-risk ports are in the US

riskiest ports
According to an analysis by catastrophe risk modelling company RM, six of the top ten riskiest ports are located in the U.S. The ranking is based on a 500- years estimated catastrophe loss for earthquake, the wind, and storm surge perils, showing that the two riskiest port are Japan’s Nagoya, with an estimated marine cargo
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Insurance companies will invest more in analitics within the next three to five years

According to the latest study by Bain & Company that collects information from 90 insurance companies worldwide, between 24% and 27% of insurers plan to invest in the next few years in advanced data analytics. The report offers an overview of how insurance companies can invest on Big Data to make a better decision and
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Cyber-security: How to protect your insurance business against cyber-attacks

Cyber-security for your insurance business might be more important than you think. According to Panda Security, more than 230,000 new malware samples are launched everyday with an estimated annual cost of $400 billion for companies. China was the most affected region during 2015 with almost 60% of infected computers, followed by Taiwan and Turkey. Here is
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Which is the life expectancy of a shipping container?

Container’s life expectancy? Shipping containers are built to last. Their specific structure and materials allow them to resist an arduous life of frequent use traveling around the world without suffering major damages. This “boxes” are made with Cor-ten steel. This type of steel has a chemical composition that protects against corrosion. Even when gets rusty,
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Do I need Third Party Liability insurance?

Third Party Liability Insurance is something that every business owner should seriously consider. In logistics, this type of coverage gains importance due to the nature of the activities developed and the contact with clients, suppliers and other third parties that is required along the supply chain. Why is it called Third Party Liability Insurance? According
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Container ships get bigger: Potential for catastrophe?

container ship size| ici
When talking about container ship size, the trend is “The bigger, the better”. That seems to be the thinking of the largest shipping lines, which nowadays count on their fleets with 19,000 TEU’s vessels. However, even if mega container ships are a big deal for the maritime transport, some experts assure that the benefits come
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Cargo losses increasing for the first time in three years

cargo losses 2015
According to the last report by Allianz Global Corporate & Specialty (AGCS), accidents related to cargo losses accounted for over 60% of the cases, increasing for the first time in three years. At this time, the most frequent cause is foundered (sunk/ submerge) followed by bad weather. However, losses in the maritime sector remain stable during
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Insurance Industry welcomes new container weight requirements

For some key players of the supply chain, the new regulation announced by the International Maritime Organization (IMO) and The International Convention for the Safety of Life at Sea’ (SOLAS) about container verified Gross Mass (VGM) could represent another obstacle for their operation, but according to an article published by The Mover, the Insurance Industry “undoubtedly” welcomes
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5 steps that you should follow before getting insurance

The type of insurance you get for your business is a big deal. When you think about the different policies, companies and coverage, sometimes it can get hard to make the right decision. Luckily for you, in International Container Insurance we´ve got your back! We have 5 great tips that you should consider before getting insurance.
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