Identifying opportunities – insuring risks

Identifying opportunities – insuring risks

The logistic sector is booming, whereby increasingly more companies are focusing on their core business and are outsourcing their logistics. The particular challenge: The logistics service provider (forwarding agent, haulage contractor, warehousing company) is liable for the acts and omissions of its employees and persons outside the company that occur during the contract implementation to the same extent as its own acts and omissions.

The law regulates liability, which in particular in warehousing stipulates that warehousing companies have unlimited liability that cannot be insured.

Deviating liability agreements through the use of general terms and conditions are permissible if they are recognised, accepted and documented by the contractual partners. However, the statutory minimum liability must be maintained and the principles of liability may not be changed. The General German Freight Forwarding Terms and Conditions (ADSp) are usually agreed upon as the general terms and conditions.

Our transport liability insurance offers you as a logistics service provider (forwarding agent, haulage contractor or warehousing company) the necessary insurance cover. NW Assekuranz’s carrier’s liability policies enable you to devise individual and understandable insurance contracts, whereby we take into account comprehensive coverage elements that go beyond the standard insurance cover. A special feature: The limits of the insurance coverage can be customised if needed. Moreover, some additional modules are included.

One of our additional services: the examination and assessment of cargo, freight forwarding, warehousing and logistics contracts from the transport liability and insurance law perspective. We make recommendations on any necessary redrafting of insurance clauses in your interest – such as with clarifications, limitations or the creation of actuarial “leeway”. Based on numerous risks and projects, our company is vastly experienced in the compliance of specific liability situations in insurance concepts regarding German and international contractual standards.

We are familiar not only with the process flows in logistic companies but also with those of customers. From this vantage point, we are able to accurately identify liability constellations and translate them into suitable insurance coverages. We also have particularly considerable expertise in the freight transport and car insurance areas for your vehicle fleet.

Internationality undoubtedly offers countless opportunities, but also many risks. We will help you identify and insure the risks important for you – in Germany and worldwide.  

Take advantage of our expertise for your success.
 
Do you have any questions, or would you like to receive an individual offer?

Please get in direct contact with us by phone: +49 (0)421 989607-0. Instead you can also leave a message here and we will call you back promptly.