Safeguarding Your Supply Chain

Helpful Facts

  • Ocean Cargo and Stock Throughput Insurance are vital for risk management in the food industry's supply chain, covering all stages from procurement to delivery.
  • These policies are crucial for mitigating financial impacts and protecting brand reputation against various disruptions, including natural and geopolitical events.
  • Ocean Cargo Insurance is essential for businesses that rely on international shipping, providing protection against maritime risks, which is particularly important for transporting perishables.
  • Stock Throughput Insurance (STP) offers comprehensive coverage for goods from origin to final destination, covering transport and storage phases, crucial for preventing spoilage and damage.
  • STP benefits include greater flexibility in managing claims, cost efficiencies by consolidating coverage, and eliminating potential coverage gaps, thus strengthening supply chain resilience against global uncertainties.