In the intricate and ever-evolving landscape of international trade, safeguarding your merchandise adequately is more than just an option; it has become a fundamental necessity. Illice Universal Logistics, a Coop member in Valencia, Spain, invites you to join “Protect Your Business in International Trade: Unveiling Cargo Insurance,” an event driven in Spanish and tailored for professionals and companies seeking to expand their knowledge on freight insurance. This session is crucial for those committed to maximizing the protection and efficiency of their commercial operations.
A bit about cargo insurance: Why independent freight forwarders need to go for cargo insurance?
Freight insurance plays a pivotal role in the world of international trade, serving as a crucial safeguard against the numerous risks that can arise during transportation. In an landscape characterized by complex supply chains, varying modes of transport, and unpredictable external factors, cargo insurance provides peace of mind by covering potential losses or damages to goods in transit. This protection extends not only to the cargo itself but also to associated costs such as freight charges and potential liabilities, mitigating financial risks for both buyers and sellers involved in cross-border transactions. Without adequate insurance coverage, businesses expose themselves to significant financial vulnerabilities, including potential losses due to accidents, theft, natural disasters, or unforeseen regulatory changes.
Furthermore, cargo insurance serves as a tool for enhancing business resilience and competitiveness in the global marketplace. By mitigating risks associated with transportation, cargo insurance enables businesses to focus on core activities such as production, marketing, and expansion, without the constant worry of potential losses during transit. This proactive approach to risk management not only protects the financial interests of businesses but also fosters trust and reliability among trading partners. Ultimately, cargo insurance is not merely a precautionary measure but a strategic investment that empowers businesses to navigate the complexities of international trade with confidence and resilience.
Protect Your Business in International Trade: Unveiling Cargo Insurance- An online event by Illice Universal
Illice Universal Logistics, through its commitment to personalized attention and mentoring, acts as a true partner in the journey of the cargo. This online event, will be presented by Marisa Moreno, Managing Partner of Illice Universal Logistics, and featuring a distinguished lecture by Matxalen Cruz, Deputy Technical Director of Transport and Aviation at MAPFRE Spain. This conference is a unique opportunity to learn from experts, share experiences, and elevate your commercial operations to a new level of protection and security.
-
When and where?
This online event in Spanish language will be held on 11/04/24 at 16:00 hours in Madrid. The Coop members who speak Spanish are welcome to register for free by clicking on this link.
-
Who can attend?
Import-export companies, international trade professionals, logistics specialists, and anyone interested in enhancing their knowledge of cargo transportation insurance will find this event helpful.
Things you will learn from attending the event
Fundamentals of cargo insurance
Attendees will get to learn about the basic principles and vital importance of cargo insurance in international trade.
Detailed coverage
The event will also dive into the Institute Cargo Clauses (ICC) and shed light on how to select the perfect coverage for each type of merchandise and mode of transportation.
Impact of Incoterms rules
There will also be a discussion on how Incoterms Rules affect the responsibility of insuring the cargo and their implications on delivery terms.
Insurance contracting strategies
The event will cover the essential elements to consider when choosing cargo insurance, ensuring that your choice aligns with the specific needs and risks of your operation.
Case studies
Through practical examples, there will be discussions on how to identify and apply what you’ve learned in real-life situations, avoiding common mistakes and highlighting best practices in insurance contracting.
Recommendations and best practices
The conference will conclude with expert advice to optimize the effectiveness of your cargo insurance, reducing risks and strengthening security in your commercial transactions.
The Coop encourages its members to register now for “Protect Your Business in International Trade: Unveiling Cargo Insurance” and secure their spots in the event.