Making waves.
Internet advances mean the marine cargo sector is updating and streamlining its processes, with policies being developed that intend to take the industry by storm. David Fanning explains.
Although it is one of the oldest forms of insurance around, marineinsurers say brokers and agents are missing out on many opportunities to
sell marine cargo insurance to their customers. Complicated protocols and
paperwork have tended to deter some intermediaries, but recent
developments in internet-based systems are beginning to make the market
much more attractive and profitable.
The need for separate transit insurance is self-evident in a situation
where almost all transport carriers can limit
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