What are the main reasons for shipment loss? Ongoing studies by a global insurance company reveal that 2,815 shipping incidents occurred in 2019, up 5% from the previous year. These shipping losses occur because of:
Proper crating and packing are only part of a safe shipment. The unexpected can and does occur. That’s why you need Cargo Insurance.
In international trade, the liability of carriers (freight forwarders, airlines, shipping lines etc.) is limited by law. Compensation may therefore be considerably lower than your actual loss.
Moreover, conventions are often further limited due to additional exclusions of liability.
With cargo insurance, if a shipment is damaged or lost, the insured customer will be timely compensated for the full replacement value of the goods.
Protect your company from financial exposure as a result of physical loss of or damage with Aries Cargo Insurance options.
We handle all cargo with personal and professional care, but we also acknowledge the risks of transportation. Together with our global insurance partners , we offer competitive insurance coverage for most cargo types.
With our Cargo Insurance you will benefit from:
Freight forwarding is a critical component to your supply chain and business needs. A few of our key services include:
Our experts will advise you on available insurance options for your shipments.
Aries will bind a policy and supporting documentation designed to fit your shipment, timeframe, and budget.
Aries will help process claims should an incident occur, working with our insurance carriers for prompt resolution.