Insurance
Transportation Risk Analysis Center at Expeditors - TRACE
The Transportation Risk Analysis Center at Expeditors (TRACE) provides users with tools to manage transit related risks.
How Many Shipments Has Your Insurance Provider Moved Around the World Today?
There are thousands of insurance providers but there is only one that can answer this question by stating, “Expeditors has moved thousands of shipments to over a hundred different countries, via air, ocean, and truck, today, and we will do the same tomorrow.” We combine cargo insurance expertise with industry leading international logistics. Expeditors’ insurance services division was founded to bring logistics and insurance together in one company.
Logistics Expertise
Cargo Insurance is a critical part of the International transportation process. Most insurance providers do not have access to logistics data and more importantly, do not understand global transportation, which makes it difficult to assess the risk and make accurate recommendations. Our goal is to identify the hidden risks in transportation, and to structure an insurance program addressing those risks while providing financial security. Expeditors goes beyond basic business insurance and treats cargo insurance as part of the complete logistics process.
Global Network
With a seamless global network of professionals, we are positioned to handle all the paperwork for you. From filing your claims, issuing certificates, flexible billing mechanisms and anything in between. We provide both economic and administrative savings for you through this continuity and integrity, simplifying and eliminating costly duplication.
Expeditors cargo insurance assists in breaking down location and language barriers that surface. These barriers can lead to fundamental inability for the parties involved to effectively communicate. Our job is to bridge that gap.
Customer Education
We take the time to meet with you to explain all potential liability issues when shipping internationally and explore options that best suit your individual business needs. With our high volume and concentrated buying power, we can offer very competitive rate.
Global Claims
Expeditors employs a full staff of trained, professional claims adjustors who will handle all claims anywhere in the world. The claims team is one of the largest cargo only claims departments in North America, and is here specifically to address our insured customers’ needs. We conduct comprehensive analysis and investigation, assemble all formal documentation and accurately process claims at both origin and destination. Additionally, Expeditors handles all recoveries from the responsible transportation carriers. More money recovered means more bottom-line insurance savings for our customers.
When claims do arise, Expeditors has developed specific logistics claims software to manage them. This allows us to use numerous measurement tools and reporting mechanisms, designed to assist in efficient and accurate resolution for our customers.