International Logistics: Addressing Cargo Insurance and Risk Sharing in Global Supply Chains

Hey everyone, welcome to my TikTok channel! Today, let’s discuss a highly relevant topic— addressing cargo insurance and risk sharing in the global supply chain.

Firstly, why is cargo insurance so crucial? In the global supply chain, goods may face various potential risks such as transportation damage, loss, theft, etc. Cargo insurance provides economic security for businesses, reducing the losses goods may incur during transportation.

Secondly, let’s look at the trending topics of cargo insurance and risk sharing in the global supply chain. One highly discussed topic is comprehensive insurance solutions. Through comprehensive insurance, companies can cover multiple risks in one policy, enhancing the comprehensiveness of protection.

Another topic is the balance between self-assumption of risks and purchasing insurance. Companies can consider self-assuming a portion of the risks while purchasing insurance to cover uncontrollable risks, achieving a reasonable sharing of risks.

If you’re interested in cargo insurance, the global supply chain, and risk sharing, don’t forget to like and follow! In the comments, I’ll share some links for a deeper understanding of these topics. Let’s discuss strategies for wisely addressing cargo insurance and risk sharing in the global supply chain! #CargoInsurance #GlobalSupplyChain #RiskManagement