Don't risk it for a biscuit - taking control of the food chain

Challenge

An importer of food produce was finding it difficult to establish responsibility for insuring his goods through the many stages of import and export.

 

How we Helped

rhg employed innovative methods to obtain the best coverage for our client.  We provided cover for all stock under a Marine policy that covered the goods while in transit, at the client’s own warehouse, in third party storage or in custody of customers. Cover was arranged so that it took into account the profit margin at various stages of the cycle.

 

In this way rhg resolved substantial issues for this client and ensured no grey areas of cover between Marine and conventional Stock policies. The resultant programme also was arranged at considerably reduced costs, even including All Risks cover on stock deterioration following breakdown.