Over the years, logistics industry has changed. With increased competition and reduced margins, the role of freight transporters have evolved leading to greater exposure to risks and liabilities. Carrying goods on behalf of customers whether it is by air, road or sea can be risky.
Risks faced are:
- liabilities against third parties
- damage to or theft of goods
- errors and omissions
- removal of abandoned goods
- breach of regulations and penalties imposed by authorities
We can tailor cover to include loss or damage to third party goods, to protect freight transporters whilst in their possession for transit.