The logistics industry is rapidly diversifying as the supply chain continues to evolve. Ever closer integration through merger, acquisition, and digitization of modal logistics suppliers has brought new rapidly converging and accelerating risks to the supply chain. The fragility is affecting all stakeholders and the customers they serve.
As the landscape of the logistics industry continues to change, it is increasingly important that insurance solutions are customized to individual activities and operations to reduce the risk of gaps in coverage in integrated supply chains.
The logistics and supply chain industry is undergoing significant changes to its business model, driven by technology, the sharing economy, regulations, and consumer demand. In this dynamic operating environment, successful logistics and supply chain providers must anticipate new delivery model demands, manage technology advances, and help shape the regulatory environment.
Companies that anticipate and respond to changes in technology, market conditions, and labor will tend to have a higher success rate. Marsh can help you connect the dots by integrating a variety of digital insurance product offerings into your on-line ecommerce platform. These added value products will act as a one-stop shop for your ecommerce customers as they move through the check-out process.
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Our customer-centric shippers’ interest solution enables logistics and supply chain providers to provide their clients with an integrated digital experience to purchase cargo and parcel insurance that protects them from claims arising out of these shipments.
At Marsh, our dedicated logistics risk team specializes in customized, innovative products designed specifically to cover the activities and operations of our logistics customers. We continue to drive innovative, blended solutions across the core coverage lines to ensure complete coverage and cost efficiency.
In addition to our placement expertise, our cargo claims advocacy team offers a range of services beyond traditional claims handling. We help you reduce costs and maximize efficiencies in casualty and property claims, before, during, and after a loss. Through our range of claims services, we have the skills and resources you need to meet your claims scenario, however large or complex.