Insurance Post’s Post

Transit insurance provides coverage for goods while they are being transported from one location to another, safeguarding against damage, theft, or loss during transit. It's crucial for individuals and businesses involved in shipping or transporting goods to have transit insurance to mitigate financial risks. Know more: https://lnkd.in/dpvKGhMW #transitinsurance #insurance #shipping #moving #seo

We're only just beginning to grasp the scale of the surge in cargo theft that took place last year. But on top of the initial loss of the goods themselves, there's a handful of other painful knock-on effects. When uninsured cargo is stolen, businesses can expect: - Disruptions within the supply chain, while the goods are replaced - A possible negative impact on working relationships - Reputational damage due to delayed (or cancelled) shipments - A secondary financial loss from replacing the initial load Thankfully, businesses can protect themselves from these losses with a Loadsure cargo insurance policy. Get in touch with our team to find out how Loadsure can help. https://lnkd.in/ecDFcmpQ

According to a CargoNet report, there were 925 freight theft and fraud incidents during the first quarter of 2024—a 46% increase from the same period last year. Businesses should consider Inland Marine insurance to help cover these risks: https://lnkd.in/efv2sMxK #ExcessSurplus #SpecialtyInsurance #InlandMarineInsurance #WorkwithMUSIC

Thought-provoking conundrums can arise when well-intentioned carriers face claims with exposures exceeding policy limits. How would you handle this situation? Share your thoughts in the comments! #insuranceindustry #claimsmanagement #policylimits #industryinsights

The International Union of Marine Insurance (IUMI) has published a comprehensive best practice guide for the safe use of flexible tanks for the transport of liquid cargoes. Its objective is to provide underwriters, brokers and their clients with practical guidance to ensure cargoes transported by flexible tanks arrive intact at their chosen destination. IUMI’s “Flexible Tanks for Liquid Bulk Cargo: Recommended Best Practice” paper together with the three annexes are available to download from https://lnkd.in/gRJ3KucT

Did you know that theft on premises claims tend to peak in July and October? Consider installing a burglar alarm on your property this fall and ask your broker if this will qualify you for a discount on your insurance premium. #InsuranceTips #TipTuesday #Insurance101 #PropertyInsurance #Theft

Did you know that theft on premises claims tend to peak in July and October? Consider installing a burglar alarm on your property this summer and ask your broker if this will qualify you for a discount on your insurance premium. #InsuranceTips #TipTuesday #Insurance101 #PropertyInsurance #Theft

Transporting goods? Don’t let the unexpected derail your business. Goods in Transit Insurance ensures your products are protected from pickup to delivery. Whether it’s damage, loss, or theft, safeguard your investments with the right coverage. Get covered today: https://lnkd.in/dq8_sb4y #RiskMitigation #BusinessProtection #Insurance copy

As a business owner, you understand the importance of securing your goods and materials during transport. But what happens when unforeseen circumstances arise? Equipment breakdowns, theft, and natural disasters can spell disaster for your supply chain and your bottom line. That's where our protection plans come in. With coverage for catastrophes, equipment failure, improper handling, political and social risks, theft, and robbery, you can rest easy knowing that your goods are protected. Get the cargo protection you need today with our business insurance, commercial insurance, and cargo insurance options. #businessinsurance #commercialinsurance #cargoinsurance #cargoprotection #businessowner #insurance