Freight Forwarders
The Renaissance Way on Freight Forwarders’ Insurance
Freight forwarders are probably the profession the Cyprus insurance industry understands the least. You take care of the logistics chain, often at uncertain cost to you and very thin margin and you coordinate a series of carriers at sea, air and land, along with intermediate storage to ensure that your clients’ goods arrive sound at their destination. All along they are exposed to natural catastrophes, perils of the sea, geo-political risks, even human error.
We understand all these risks and can ensure that if it makes commercial sense to pass any of them to an insurance market we will do it for you. Meaningful risk transfer will allow you to service your clients without fear of any conflict in case of a loss.
Available solutions include:
- Professional Liability Insurance, which could include:
- Sub-contractors’ Liability for hauliers/ other carriers
- Employee Dishonesty (particularly useful on valuation)
- Loss of Documents
- Multiple Jurisdictions in case of valuation work abroad or work for foreign clients
- Marine Cargo Insurance: Through established IT platforms that allow you to provide your clients with first class global cover and enable you to generate an additional revenue stream for your business.
- Project Cargo Insurance: For specific key projects that need tailor made cover
- Property Insurance: Particularly valuable where you are offering intermediate storage or warehousing solutions
- Directors’ and Officers’ Liability Insurance, particularly suitable for limited liability companies
- Office insurance that includes Property, Employer’s and Public Liability cover
- Employee Benefits, such as Group Medical, Life, Accident and Travel Insurance, to assist in attracting and retaining top-class talent
Our solutions are available to firms of all sizes and from a number of insurers, local and international.
- Starts with Listening: We take time to understand your specific needs and design a tailor-made program
- Continues with commitment: We are a family-owned business, just like most of our clients. Our commitment is to our clients and not any public shareholders
- Evolves with your business:We grow with you, share knowledge and expertise and maintain the relationship for the long-term