{
  "id": 9201002,
  "title": "IUMI discusses greater focus on freight forwarding liability insurance",
  "url": "https://urgent.news/2026/09/22/iumi-discusses-greater-focus-on-freight-forwarding-liability-insurance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T21:00:41.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/iumi-discusses-greater-focus-on-freight-forwarding-liability-insurance/"
  },
  "original_language": "en",
  "account": "At the International Union of Marine Insurance (IUMI) annual conference in Rotterdam, officials debated the importance of increasing focus on freight forwarding liability insurance. Recognizing freight forwarders' crucial role in managing global supply chain risks, IUMI acknowledged that this subline of marine insurance has received less attention compared to cargo insurance. Matthias Kirchner, an IUMI Executive Committee member and conference workshop chair, highlighted the increasing complexity of supply chains due to geopolitical tensions, conflicts, and trade disruption. As freight forwarders increasingly provide crisis management solutions, they take on a strategic role in the logistics industry. However, freight forwarding liability insurance lacks global consistency, as legal and regulatory frameworks differ between countries, and insurers use their own policy wordings. IUMI discussed the potential for developing a global freight forwarding liability insurance standard and collecting international market statistics for the subline. Such developments would need to accommodate the significant variations between jurisdictions. Additionally, the changing role of freight forwarders emphasizes the need for enhanced risk management and loss prevention. Kirchner emphasized that IUMI should give greater attention to freight forwarding liability insurance, as it plays a vital role in developing global trade and supporting logistics companies in making supply chains more resilient.",
  "summary": "At its annual conference in Rotterdam today, the International Union of Marine Insurance (IUMI) discussed whether freight forwarding liability insurance should become a greater focus of its work, recognising the increasingly important role freight forwarders play in managing global supply chain risks. Freight forwarding liability is an important subline of marine insurance but one that ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}