HDI Global SE’s Post

When an insurance company, World Insurance Services, partners with you for over 20 years, you must be doing something right! Greg J Kritz, Executive Vice President at World Insurance Services, had this to say: “Sealock security products are widely accepted by the global marine industry as a reliable, low-cost, effective tool for securing cargo in transit worldwide. For selected risks, I, and many of my underwriter peers, specifically require the use of a Sealock seal as a condition of insurance.” #testimonial #testimonialtuesday #security #logistics #business #freightsecurity

Cargo insurance plays an indispensable role in business operations

Shhhh, do you want to hear a secret? Partner with FreightInsure for comprehensive coverage and expert advice against theft risks. 🔵 𝙁𝙧𝙚𝙞𝙜𝙝𝙩 𝙄𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 Protect your business against theft and other risks by investing in comprehensive freight insurance tailored to your business's specific needs with FreightInsure. 🔵 𝙍𝙞𝙨𝙠 𝘼𝙨𝙨𝙚𝙨𝙨𝙢𝙚𝙣𝙩 Keep your freight safe by regularly assessing risks, and reply on FreightInsure for expert guidance in managing those risks effectively. FreightInsure is game-changing freight insurance for transport companies and their customers, quickly and easily. Want to provide your customers with insurance for their goods-in-transit? Shippers can easily purchase insurance against loss or damage on each shipment from within a transport company’s booking platform. Learn more about Mitigating Freight Theft With Comprehensive Freight Insurance by FreightInsure on Supply Chain Partners. #Freight #Insurance #Logistics #Transport #Cargo https://lnkd.in/gFk4dWHM

Whether it’s coordinating air and ocean #shipments, trucking, or multimodal movements, minimizing risks is a crucial aspect within every #shipping plan. Freight insurance (known as cargo insurance) is an essential component of risk management, offering various coverage options. Read more about freight #insurance and why it's important in Ezgi Avınca's latest article:

Ensuring Proper Coverage for Motor Carriers: A Crucial Step in Fraud Management Verifying that your motor carrier has the proper insurance coverage is not just a box to check off—it's a critical component of risk management. Simply monitoring the issuance of a certificate of insurance is not nearly enough to protect your business. 📑 Why It Matters: A certificate of insurance may indicate that a policy is in place, but it doesn't guarantee that the coverage is sufficient for your specific needs. In the event of a claim, inadequate coverage can lead to significant financial and operational disruptions. Key Steps to Ensure Adequate Coverage: 1. Verify Policy Details: Confirm in writing with the Insurance Producer or Insurance Agent that the insurance policy covers all necessary liabilities, including cargo, general liability, and auto liability. 2. Regularly Review and Update: Policies can change, so regularly reviewing and updating coverage details is essential. 3. Work with Trusted Partners: Collaborate with insurance providers and verification platforms that specialize in freight and logistics to ensure comprehensive protection. I HIGHLY RECOMMEND Drew Singleton Wilder at Vicarious Liability Risk Mgt. LLC At Direct Expedite LLC , we go beyond the basics to safeguard our operations and those of our customers . Our commitment to verifying proper coverages is part of our broader mission to detect and prevent fraud, ensuring a safer and more reliable freight industry. Stay vigilant, stay protected! #FreightIndustry #RiskManagement #InsuranceVerification #Logistics #FraudPrevention FreightValidate ✅

I have numerous #transportaion clients who have started to experience changes in the Cargo Insurance marketplace but are prepared to mitigate the risk and are proactively budgeting for an increase in renewal pricing by adjusting their contracts. If you are in the #truckingindustry and would find benefit in a partner who wants to help navigate what continues to be a challenging environment for commercial insurance, I am here to HELP! #trucking #cargoinsurance #truckingservices #truckingnews #riskmanagement #transportationindustry

Navigating Rising Supply Chain Risks: Simplify Insurance with InsureShield® ⏰ Never has there been a better time to obtain cargo insurance for your business or your customers. According to CargoNet, 'supply chain risk events' (aka cargo theft) increased by more than 15% last year, with an estimated $223 million stolen across the U.S. and Canada in 2022. Supply chain insurance not only secures your assets while they are in transit but also protects the value of the sale. Do you find supply chain insurance confusing and hard to understand? You are not alone; Cargo, being the oldest form of insurance dating back to the 13th century, has language that can be difficult to comprehend. 💡 Why not simplify the process with InsureShield® by UPS Capital team of professionals? Let us handle the heavy lifting and create coverage customized to your needs, making it easy to obtain. Learn more at: https://lnkd.in/eS3SvMZc Schedule a chat with a team member: https://lnkd.in/guQc3Weu #supplychain #theft #shipmentprotection #Insureshield #UPSCapital

Always better to be prepared and be SMART .. manage the risks as best you can .. and with INSURESHIELD you can rest easier and control what you can .. costs and customer experience .. let’s discuss how

Always consider Cargo Insurance as one part of your risk strategy.

Are your shipments protected? Read Jeanne’s in post below and contact us to get started protecting your shipments and customers.