Offering stock throughput? Here are 5 of the biggest problems cargo insurance brokers face.

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Story by

Taylor Walker

Tags /

  • Freight Protection
  • Insurance
  • Loadsure

In today’s rapidly-evolving market, insurance brokers have to face a broad range of challenges when it comes to issuing cargo cover, but especially stock throughput policies.

From inaccurately-priced risk, to slow, cumbersome processes which can’t keep pace with the just-in-time supply chain, there’s no shortage of room for improvement. With more than 60% of shipments in transit still under or uninsured, it’s vital that brokers take steps to clear any obstacles which could discourage the freight community from obtaining the right coverage.

The good news is, there are solutions available to solve almost all of these issues, if you know where to look. So I’ve rounded up some of the most common problems insurers face, along with the most appropriate solutions below…