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Recorded: May 29, 2019
Duration: 90 minutes
WEBINAR DESCRIPTION
Cargo and Logistics – Introduction to Risk Protection Strategies
- Explanation of Cargo Liability / Freight Liability / Warehouseman’s Liability
- Explanation of Shippers Interest Programs (SI)
- Examples of Conventions
- Importance of Contract Review and implementation process
- Structuring a Freight Services Liability Program and Shipper’s Interest Program
- Benefits of having the same insurance carriers on both programs
- Rating Structure vs. Annual SI Policies
- Training on how to effective offer coverage under SI program
- Other coverages that can be incorporated into a Freight Services Liability Policy
- Errors & Omissions
- Consequential Loss
- Stock Throughput
- Customs Liability
PRESENTER:
Herman Brito Jr.
Senior Vice President, Marsh USA Inc.| Global Marine Practice
Who Should Attend: Underwriters, Underwriting Managers, Claims Adjusters and Managers and all insurance professionals..
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- Presented: May 28, 2014
- Duration: (64-minutes)
DETAILS:
Cargo theft has experienced a dramatic increase over the last 5 years and is considered to be one of the most costly loss leaders in the world of insurance. The advancements of technology-based solutions has been fighting to keep up with the newest methods of theft. The internet has allowed the world to connect, and with this geography, global expansion, and trading between countries previously unknown to each other has increased exponentially. With these new geographies come new challenges against an old trade: theft. This presentation is meant to show a broad view of rising trends based on geography, culture, and socio-economics. The pros and cons of the various technological solutions are discussed, and real world experiences are shared to demonstrate the difficulties faced by risk management when combatting cargo theft.
INSTRUCTOR:
Mark Cote
Chief Marine Officer - North America
Marine Risk Engineering
Zurich Services Corporation
About the Instructor:
Mark is a graduate of The Citadel, the Military College of South Carolina. He has over eighteen year experience working as a marine surveyor, marine engineer, and marine loss investigator. In 2005 Mark was Qualified by US Federal Court (1st District US Federal Court of Appeals/Boston), as an Expert Witness in Marine Surveying, Marine Engineering, Ports & Terminals, Marine Construction, Subsea Inspections, Large Loss Accident Investigations. In addition to his experience on the insurance company-side, Mark worked as Director of Global Marine for Crawford and Co. from 2008-2010. Most recently Mark has specialized in in-country field experience in Latin America, Pac-Asia, Middle East, and Eastern Europe conducting Hijack Prevention as well as Security Threat Analysis & Intelligence gathering.
WHO SHOULD ATTEND: Underwriters, agents, brokers, and other insurance professionals with an interest in better understanding the topic and current trends should attend this webinar