Azure Risk – Where we see the majority of cargo insurance claims

 

Where we see the majority of cargo insurance claims

With ongoing shipping delays, there’s a greater risk of exposure at sea or port and related damages (water damage, theft) as it’s taking longer for transits to occur. General Average (GA) incidences are increasing (Ever Given Suez Canal blockage and Zim Kingston fire). Most policies cover GA, but you must ensure GA guarantee is issued quickly.