Transportation Risk Management

Chubb’s Transportation Risk Management team is based worldwide and has extensive experience in the shipment of all manner of goods including:

• Raw materials and commodities
• Food products and pharmaceuticals
• Manufactured and consumer goods
• Equipment for large infrastructure projects

With many years of experience in the transport industry, our Transportation Risk Managers have been recruited from backgrounds that include seafaring, logistics, heavy transport, warehousing, loss adjusting and quality control.

As part of the underwriting team, our Transportation Risk Managers provide advice and intelligence that allows us to fully assess and rate a risk. This knowledge is available to our client base and can be supplemented with reviews of shipping operations and client visits.

• Global experience – Chubb’s Transportation Risk Management team has a worldwide presence
• Packaging review – Assessing the suitability of packing of goods for shipment
• Handling stowage and securing – Pre-shipment/load/discharge surveys on high value cargoes
• Warehouse suitability – Inspections look primarily at risk of fire and theft, but can also include inventory management
• Sensitive cargoes – Guidance for perishable, time and temperature-sensitive cargoes such as pharmaceuticals and food
• Supply chain – Review of carriers’ contracts and suggested improvements to the supply chain to ensure good business continuity
• Education and training – Seminars on such topics as cargo security, cold chain, shipment of out-of-gauge cargo
• Global network – Use of information and intelligence available through our global network in respect of port and country conditions, cargo theft hotspots and other topics of interest to shippers

The above information is intended to be a general summary for reference only and does not form part of the policy. You should refer to the policy wording for exact terms, conditions and exclusions. The above information shall not be construed as an offer to sell or solicitation to buy or provision of any of our products outside Hong Kong SAR. For further information, please contact Chubb Insurance Hong Kong Limited on +852 3191 6800.