Have you heard of "Minha Carga Segura"? It's our solution at Allink, developed in partnership with Korsa Seguros. To introduce it, we invited James Theodoro, president of Korsa Seguros, to explain how this project came about and how it works now.

Shall we begin?

From the emergence of cargo insurance to today...

It’s not often discussed, but the origin of cargo insurance is closely tied to the advent of commercial initiatives in civilization, years before Christ. During this time, caravans crossed the desert to trade camels, and even then, there were reimbursement agreements for the loss of animals during the journey.

In a rudimentary way, this agreement also became an important financial protection mechanism for shippers during the great navigations, through the payment of a value on the risk of loss of goods. From the beginning of civilization to the present day, we can see that the actors in the logistics chain are accustomed to this type of protection for their products in international transport.

“It is rare for a company, with products worth thousands of dollars, to ship without the guarantee of compensation for their losses in case of various and possible incidents in international transport,” comments the president of Korsa Seguros.

Unfortunately, this concern was exacerbated in 2020 and 2021 due to the increased likelihood of more incidents with goods, especially given the stress triggered by the logistical chaos worldwide, involving:

• Lack of containers;
• Ships docked for a long time in quarantine;
• Route cancellations;
• Delays in product shipments, etc.

How international cargo insurance offers more guarantees for shippers

No matter how specialized and professional the logistics operators are, the conditions and contexts to which import and export goods are subject are numerous, meaning a high probability of risk of claims at any stage of the logistics chain.

Cargo transportation is exposed to numerous types of incidents, such as:

Unforeseen events: Route changes due to bad weather, cargo overturning due to collisions, etc.

Damages: Overloading a vehicle can cause overturning and damage to goods, as well as poor packaging can cause breakages, dents, and structural damage to products.

Robbery and theft: This risk is unpredictable and, unfortunately, possible, especially on highways.

“When we talk about claims, people may focus on cases like these. But imagine the following situation: a ship with a general average, where the captain needs to jettison containers due to total loss of the ship. If your goods do not have international transport insurance, or even coverage for this type of claim, your company may need to spend even more to mediate the legal process against the shipowner. A serious financial blow, right?” points out James Theodoro.

Therefore, those experienced in the foreign trade market must recognize: cargo insurance is an economy. After all, it guarantees financial support in case of an incident with the product and reduces the loss.

Moreover, insurance protects your company's relationship with the client contracting the international cargo transport service. Especially for clients with robust governance and compliance programs, it is essential that all logistics chain suppliers are insured.

In other words, international cargo insurance also means peace of mind and professionalism for your logistics process.

BONUS: How to contract cargo insurance

Convinced that contracting insurance is essential for cargo transportation? Here’s what you need to consider when choosing insurance:

• Don’t be seduced by prices; after all, “cheap can be expensive.” Compare insurance coverages to understand what assistance you will have, what risks the service covers, and even how the assistance process works;
• Select a solution that facilitates your day-to-day export and import - which is already filled with bureaucracies;
• Choose a service provider that automates processes and handles everything for you;
• Research the service provider's tradition in the area and hire the one that fits your exporter and importer profile

Get to know Allink’s "Minha Carga Segura"

As we explained from the beginning of this article, attentive to the peculiarities of cargo transportation and concerned with the safety of its clients' products, Allink created "Minha Carga Segura" in partnership with Korsa Seguros.

It is a door-to-door international cargo insurance with special, innovative, and exclusive conditions for Allink clients. The insurance coverage policy from Allink is very comprehensive for all risks related to new goods and merchandise. For used goods, the insurance even covers what you can't imagine.

To better understand how "Minha Carga Segura" differs from other market practices, remember that to export a cargo, you need to:

• Negotiate the insurance;
• Send the commercial invoice;
• Inform the insurer that the shipment has been made.

Besides that, when the product arrives at its destination, you will need to deal directly with the insurer for possible damage cases.

Allink clients are automatically covered by "Minha Carga Segura" and no longer need to declare shipments. Additionally, they do not pay a deductible for indemnities.

Another important point: international cargo insurance usually considers several aspects to accept the risk of transporting a product, such as: mode of transport, type of goods, type of packaging, origin, and destination of shipment, among others.

“In ‘Minha Carga Segura,’ we do not limit the type of cargo by mode or route to agree on coverage. The goods can be transported by plane, sea, rail, road, or any other, or go from anywhere to another, and we accept to cover the risk.

Our guiding principle is: everything that could harm the client benefits the client. Why do we do this? Because more than 80% of clients look for disruptive services, and we are here to offer disruption and innovation,” clarifies James Theodoro, president of Korsa Seguros.

Besides the absence of the need for declaration and the payment of a deductible, as explained above, there are other benefits of "Minha Carga Segura" for the safe transportation of Allink clients’ cargo. Check it out:

• There is no apportionment clause for proportional loss payment;
• There is no requirement for risk management in Brazil;
• We provide coverage per HBL;

We have eliminated all restrictions and canceled the bureaucratic processes for acquiring insurance; just ship with Allink to be entitled to protection.



That’s right: if you contract Allink, your cargo is insured! Learn more about "Minha Carga Segura" and embark with our team now!