LOGISTICS LIABILITY FOR TRANSPORT AGENCIES AND FREIGHT FORWARDERS

Logistics Liability for Transport Agencies and Freight Forwarders is a type of insurance designed to protect these companies for failure to comply with their obligations, as well as for obligations incurred by third parties they have subcontracted.

This solution is designed to cover the insured’s civil liability which, under the terms of the specific legislation applicable, is attributable to them in their capacity as a forwarding company. This insurance provides cover for a variety of situations in which the transport agency (or freight forwarder) may be held liable for loss, damage or failure in the logistics process.

The solution protects against a wide range of risks associated with logistics operations, including loss and damage to goods, administrative errors and service interruptions.

This insurance also covers liabilities arising from failures in the handling, storage and transportation of goods, as well as consequential damages that may result from these activities. It also covers legal and defense costs in the event of customer claims, ensuring that the agency or freight forwarder is financially protected against possible litigation.

Besides, this insurance may include coverage for theft, loss and damage caused by external events such as natural disasters. It also ensures compliance with international regulations, offering a safety net that facilitates the fulfillment of different legal requirements in each jurisdiction.

Investing in this insurance demonstrates the company’s commitment to safety and quality of service, strengthening its credibility and confidence in the market. This coverage is essential to ensure the continuity of logistics operations, minimizing financial risks and protecting the company’s reputation in a highly competitive sector.