Take a look at how incidents are shifting to discover which coverages may be the right fit for you.Īs the nature of risk evolves, Flexport advances its cargo insurance offerings through its underwriters to provide protection that makes sense for modern supply chains. Ultimately, the combination of the specific incident type and your cargo insurance coverages determine how you can recoup value after a loss. In these instances, you just want to know how to get your supply chain back on track. The market factors feel less significant when you’re dealing with a crushed pallet or missing goods. While recent increases in risk exposure may be a product of accelerated consumer habits, the impact to your business still arises in the form of specific incidents. This time, companies are searching for flexible cargo insurance that evolves with the challenges of modern supply chains.įor a closer look at the cost to protect your cargo investments, you can obtain an instant quote through our underwriters and find cargo insurance policies effective immediately. Historically, insurance has been available to cover part or all of cargo loss, but typical coverages may no longer make up for the full impact to your business.Īs consumer demand, inventory supply, and logistics scenarios put pressure on cash flow and product cycles, another demand emerges. This change in risk exposure represents a shift in how companies need to protect their supply chains.
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