Freight insurance is a 300-year-old industry that has often been slow to evolve. This is particularly evident in today’s rapidly changing digital landscape, where proper protection has not kept pace with the technological and sociological changes of the 21st century supply chain.
With more than 60% of freight under- or uninsured, the underinsurance crisis is a symptom of the fact that standard insurance practices cannot adequately protect stakeholders in the demanding environment of modern...
https://www.freightwaves.com/news/solving-the-freight-industrys-underinsurance-crisis