Sales - 06.12.2021
Embedding insurance into the goods in transit value-chain
In 2019, there were just over 100 billion items shipped globally, yet less than 1% of these shipments were insured. This indicates that uninsured businesses around the world are sadly losing billions of dollars every year as a result of failed deliveries. These losses stem from the cost of the item itself, the cost of shipping a replacement item, repairs, customer service costs and reputational damage from negative reviews.
Megan Bingham-Walker