AFIF
Friday, 30 October 2009
Replacement Cargo and Liability Insurance Program
Dear All,

Following our notification recently of the cessation of the MLH / Vero Marine Cargo Insurance service for members, we have been sourcing a suitable replacement and as a valued added benefit to members, we are delighted to announce that we have negotiated a new AFIF members Cargo Insurance facility with AIG (Australia) Insurance through Australian Risk Applications Pty Ltd ('ARA'), designed primarily for SME's.

This facility allows members the opportunity to respond effectively and competitively to their shippers requirements to insure the goods in transit. We have further discussed the potential benefits to the forwarder in handling insured cargo, as opposed to uninsured cargo and how this can effectively reduce your own costs (ie freight forwarding liability premiums and excess).

The above facility is offered to members on the proviso that ARA is their appointed Broker (Marine Insurances and or Liability covers, whichever is applicable) and that the necessary ASIC/FSRA requirements are met adequately. In this regard, ARA will appoint the Forwarder as an "authorised representative" of the ARA Australian Financial Services Licence (AFSL).

In addition, ARA will also offer members Freight Forwarder's Liability Cover too and we suggest that you discuss this opportunity with them directly. As part of their service, ARA will offer AFIF members a complimentary market exercise. Over the last 3-5 years there have been developments in the Liability Insurance market i.e.: new policies, new incentives, new insurers, existing insurers with new pricing offers to SME sized Forwarder' and ARA, as an independent Marine & Liability specialist broker, will be able to guide you in the best way to manage this policy and cost to your business. Another area of value to members is the role ARA will play in assisting members with legal liability claims (a complicated process at the best of times).

Please click here to access a demonstration site: https://www-223.chartisinsurance.com/

Insert user name and password as noted below:

  • USER NAME: demo.demo
  • PASSWORD: demo1afif

Please click here to read the Shippers Interest Policy Wording.

If you wish to sign up to begin using the system live, please contact Tim Williams at Australian Risk Applications (ARA) on Tel: 02 9007 2491 to discuss requirements, including: FSRA licensing paperwork and process, together with system access and details for training of your people.

Kind regards,

Brian Lovell
Chief Executive Officer

Australian Federation of International Forwarders Ltd (AFIF)
Suite 403, Level 3
152 Bunnerong Road
Eastgardens NSW 2036
Tel: (61 2) 9314 3055
Fax: (61 2) 9314 3116