Daniela Wedema’s Post

With todays developments in the Middle East the cost of international shipping insurance will likely increase. Reminded me of this article. Understanding global risk is a major part of supply chain management. #supplychain

Geopolitical tensions and supply chain disruptions pose challenges for businesses and insurers, driving higher business interruption claims. Paul Burgess of Sompo International emphasizes the need for resilience and innovation in supply chain management and insurance. https://hubs.la/Q02mvWSh0 #SupplyChain #BusinessInterruption #InsuranceInnovators #Geopolitics

Tailored Insurance Solutions: We understand that each shipment is unique. Our team works closely with you to identify risks and recommend insurance options that fit your cargo's specific needs. Claims Assistance: If issues arise, our experts are here to guide you through the claims process efficiently, ensuring you receive timely compensation. Risk Assessment: Our logistics specialists conduct detailed risk assessments to advise on packaging and transportation methods, minimizing the risk of damage or loss. Secure your shipments with us today! Visit our website www.openbordershipping.com to learn more. #CargoInsurance #FreightForwarding #LogisticsSolutions #ClaimsAssistance #RiskAssessment #OpenborderShipping #ProtectYourShipments #LogisticsExperts

Certainly going to be interesting to see how recent supply chain disruptions will play out from an insurance perspective... An interesting read:

Decoding the Nuances: The Distinct Roles of Freight Insurance and Freight Liability - Explore the key differences between freight liability and insurance in logistics, vital for risk management and financial protection in shipping. As professionals in the logistics and transportation sector, understanding the distinct roles of freight insurance and freight liability is pivotal. Our newest article, "Decoding the Nuances: The Distinct Roles of Freight Insurance and Freight Liability," offers a deep dive into these critical concepts. This piece is crafted to enhance your knowledge and aid in developing robust strategies for risk management and financial protection in freight transportation. Whether you're a seasoned expert or new to the industry, this blog is an essential read, providing clarity and insight into the intricate world of freight logistics. #FreightInsurance #FreightLiability #LogisticsManagement #RiskManagement #TransportationIndustry https://hubs.ly/Q02hrHw00

🔗 Read our new opinion piece unpacking the power of the supply chain 🔗 Failing to understand the value of the supply chain is the downfall of many in the property insurance sector, when instead, it should be your ultimate competitive weapon… In this paper, you’ll discover the key issues and challenges facing the sector, along with our own learnings to help better manage supply chains and maximise positive outcomes for customers 💡 MA Group has nurtured its supply chain management systems for over 25 years, empowering us to proactively manage surge situations and deliver excellence for our clients. Read the full paper below for all the insights and information on how we can help ⬇️ https://lnkd.in/e8fmFg-G #supplychain #management #claims

According to recent analysis from MarketScout, in 2023, the transportation industry was assessed as the sector with the largest rate increase at plus 7.26%, as the total rate increase across all industry groups hit 4.56% in the year. Is your company ready to explore alternative risk options?

Decoding the Nuances: The Distinct Roles of Freight Insurance and Freight Liability - Explore the key differences between freight liability and insurance in logistics, vital for risk management and financial protection in shipping. As professionals in the logistics and transportation sector, understanding the distinct roles of freight insurance and freight liability is pivotal. Our newest article, "Decoding the Nuances: The Distinct Roles of Freight Insurance and Freight Liability," offers a deep dive into these critical concepts. This piece is crafted to enhance your knowledge and aid in developing robust strategies for risk management and financial protection in freight transportation. Whether you're a seasoned expert or new to the industry, this blog is an essential read, providing clarity and insight into the intricate world of freight logistics. #FreightInsurance #FreightLiability #LogisticsManagement #RiskManagement #TransportationIndustry https://hubs.ly/Q02hrp4k0

The majority (77%) of transport and logistics companies say they lack access to supply chain insurance solutions, according to research published by Lloyd’s and WTW, with lack of data to understand the risks one of the greatest challenges for their business. As global supply chains come under increasing strain from geopolitical disruption, Lloyd’s says its survey of more than 175 global operators in transport and logistics as well as insurers finds gaps in today’s insurance offerings. More 👉 https://ow.ly/b27Q50QpFXC Lloyd's #GlobalTransport #TransportNews #SupplyChain WTW

“Large-scale supply chain disruptions and natural disasters in recent years have shined a light on the need for businesses to have proper insurance cover for their ability to generate revenue.” Today on the blog, Aruna Chandrapalan ACMA ACILA CFE and Gerald Cheang, CPA, ISCA FFP, MCIArb weigh in on considerations for businesses evaluating their business interruption (BI) cover. To learn more, visit https://bit.ly/4eSYpqA.