What To Expect At The 2018 IUMI Conference
For the first time in 144 years, the International Union of Marine Insurance (IUMI) is holding their annual conference in Africa. Taking place at the Cape Town International Convention Centre, the conference begins this Sunday, September 16th, and officially concludes on Wednesday September 19th. […]
The Potential Pitfalls Of Pharmaceutical On-Demand Delivery
In a world where everything from your movies and food to your car rides is on-demand, it’s no surprise that the same “instant gratification” mentality is seeping into the healthcare industry. Patients want faster, more convenient access to treatment and medicine. As a result, on-demand pharmaceutical services are growing. Here’s a quick look at the... […]
The Story of Falvey Cargo's Partnership With Lloyd's Of London
The relationship between Mike Falvey, president and CEO of Falvey Insurance Group, and Lloyd’s of London began in 1984 when Mike was working as an underwriter for Donald J. Rojas, Inc. Mike founded Falvey Cargo Underwriting in 1995 and on August 17 of that year, Lloyd’s Syndicate 2 and a panel of other syndicates agreed to give Falvey “the pen” to... […]
Falvey Cargo Summer Meetings 2018
Last week, the Falvey Cargo team gathered at headquarters for our annual Summer Meetings. Coming from all over the country and across the pond, the full agenda covered everything from industry trends to Falvey’s new offerings. Here’s a quick recap: […]
Avoid and Manage Losses with ProTecht Risk Solutions
The ProTecht Risk Solutions program is designed to actively prevent and avert losses, while also addressing the management of claims and adopting aggressive recovery techniques. The program takes a three-pronged approach: […]
What Is Duration of Cover?
All-risk cargo insurance provides protection for the Insured’s goods during the normal course of transportation, from the place of dispatch to the place of receipt as stated in the freight bills, subject to the marine cargo policy provisions. […]
The Rise of Autonomous Ships, Trucks, and Planes
Automation is here, and likely here to stay. Of paramount importance for insureds and brokers is understanding how automation technologies will change—in potentially rapid and disruptive ways—how freight is transported by ship, truck, and plane. Here’s a quick summary of the recent developments in sea, land, and air: […]
Maersk Honam & Its Aftermath
On March 6, 2018, the container ship Maersk Honam caught fire in the Arabian Sea, enroute to Suez from Singapore. For months, cargo owners awaited news about the fate of their goods as the ship remained at sea amidst efforts to extinguish and contain the fire. Maersk Honam finally berthed at the port of Jebel Ali, UAE, on May 22. […]
7 Risk Management Techniques To Limit Cargo Theft
Shippers and carriers must stay ahead of theft trends to protect their cargo. While SensiGuard Supply Chain Intelligence Center’s Cargo Theft Annual Report shows that the number of recorded cargo thefts dropped by 15% from 2016 to 2017, the United States is still a “high” threat level for cargo theft. Securing the supply chain is no easy feat, but there... […]
THE TRANSPORTATION RISKS IN LAST-MILE LOGISTICS
The last mile is a critical part of any transportation strategy and the competition is fierce among companies providing this service. The only way to compete without opening your business up to liability is to fully understand the risks at play in last-mile logistics. […]
