Posts tagged: freight forwarders
What freight forwarders should look for in their liability insurance
14 July 2011
Posted in Articles
Tagged: claims, defence, errors & omissions, freight forwarders, General Average, liability insurance, marine insurance
Written by FP Marine Risks and first published in HeavyLift Magazine, July 2011 When it comes to insurance, we only tend to find out the inadequacies of our cover when we make a claim. For example, when we purchase car insurance we may perhaps choose the cheapest option, but when we have to make a [...]
Read more »Container shortages exposing freight forwarders to delay costs
24 December 2010
Posted in Blog
Tagged: Cargo, freight forwarders, liabilities, marine insurance
A shortage of containers is causing concern for freight forwarders and other container users, particularly as the subsequent impact from delays or damage can lead to additional financial costs. Container manufacturers struggled to keep their factories open during the global economic slowdown and many were forced to close and lay off workers. The sudden turnaround [...]
Read more »Cargo accumulation hazard, precipitating large losses
29 March 2010
Posted in Blog
Tagged: accumulation, Cargo, freight forwarders, insurers, losses, reinsurance, storage
Significant accumulation of cargo is exposing cargo owners, freight forwarders and marine underwriters to the possibility of catastrophic losses. Freight stations and warehouses can each contain hundreds of millions of dollars worth of goods that are at risk of becoming total losses from perils such as fire, flood and wind. Earlier this year, a serious [...]
Read more »No time for risk taking
15 January 2009
Posted in Articles
Tagged: Advanced Loss of Profits, Cargo, claims, Delay in Start Up, freight forwarders, FSL, Hurricane Katrina, Hurricane Rita, insurers, losses, premiums, recession, reinsurance, risk, soft market, specialist, underwriting
First published in the January / February 2009 edition of Heavy Lift Magazine The global economic gloom is casting its shadow over insurance like everything else, with sharp rises in premiums likely across the board in the near future. We asked logistics-industry insurance expert Philip Bilney* why reducing cover is not a good idea. Can [...]
Read more »Recent articles
20 July 2011
What has changed in the marine insurance markets over the last year? And can Assureds expect to see these soft markets continue?
18 February 2011
In light of continued disease outbreaks in fish farms around the world, Aquaculture Insurance must play a vital part of any risk management strategy.
Blog
30 January 2012
As of 30 January 2012, the US has issued some important sanctions against a few major corporations and the EU has escalated its regulations on Iranian trade.
12 December 2011
On the 8 December, the Joint War Committee added Syria to its listed areas and removed three areas.
Press releases
11 May 2011
FP Marine Risks and Oceanic partnership announced, creating an expert network of marine specialists serving the Australasian retail and wholesale markets.
29 April 2010
FP Marine Risks builds direct retail business in Australasia through acquisition of specialist cargo insurance agency
Opinions
26 March 2009
26 November 2008