About this course
This intermediate level course is for those who wish to have a better understanding of the risks faced by both freight forwarders and road carriers. It will consider how they do business, risk analysis including loss prevention and typical coverage/exclusions.
What you will learn
- Goods in Transit
- What is the client’s underlying business and what risks do they face?
- What law applies to the movement of goods – both domestically and internationally?
- What will the insurers be thinking about in considering the risk – what questions does a typical proposal form ask and why are the insurers interested in that information?
- How can the client mitigate their risk – what loss prevention steps can they take?
- What is accumulation and how can it arise in a GIT risk?
- Who are the buyers and sellers of GIT insurance?
- Review of a typical policy form – what are the main areas of coverage, exclusion and specific requirements by insurers.
- GIT claims – what claims are typically made on GIT policy – will they always be subrogated claims from cargo insurers?
- GIT claims handling – how best to manage liability related claims
- Freight forwarding
- What is meant by the term freight forwarder
- Combined transport operations and through transport operations
- Should they FF just organise or should they perform any part of the carriage
- Actual carrier
- Contractual carrier
- What are the risks when either just organising or performing carriage as well
- Other services and the risks they pose
- Storage
- Packing
- Manufacturing
- Why might a FF offer their clients a normal cargo policy – what business might it provide
- What are the insurers going to be interested in – closer look at a proposal form
- What claims might arise, will a FF be the only target?
- What loss prevention/ risk management steps might insurers expect?
Recent reviews
Very good course again and Charlotte, the trainer had excellent knowledge of the subject.
Giselle B06 Feb 23
Thoroughly enjoyed this course, interaction with the trainer and other participants
Jayne K03 Oct 22
Charlotte Ware was very enthusiastic, and engaging which made the course easier to follow.
Wendy P29 Sep 22
