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Risk Management
Our risk management audits analyse the following functions:

Incorporation of contract terms

Utilisation and vetting of carriers and subcontractors

Vetting of carriers insurance
The adequacy or otherwise of a contractor's insurance policy may often become a matter of concern before, as well as after, claims have arisen. Thanks to our considerable experience in the field, we often identify issues that others miss.

Cash on delivery
These agreements are a hazard to the uninformed. There is uncertainty in the minds of many as to what is ‘cash’ and concern over the ability of drivers and other staff to recognise the difference between various forms of payment. Many freight movers are unaware of the provisions under several forms of contract or conventions relating to COD. For example, under CMR conditions, a carrier is liable for the full invoice value of the goods if they have failed to comply with the COD instructions.

Community Transit Forms
These constitute guarantees for customs and excise duties and VAT, so it is vital, particularly given their use with high value goods such as alcohol and cigarettes, to control the issue of such forms and the movement of the goods while ensuring an indemnity is available from the customer. In all such matters, our experience can save a great deal of money and inconvenience.

Documentation
Inadequate or improperly completed transit documentation increases any exposure to claims. Many claims arise due to an incorrect understanding of the relevance of the various forms and documents utilised within the industry. We can support and guide clients on this complex issue.

Driver recruitment, training and instruction
Failure to adequately ‘vet’ new drivers may adversely affect the loss experience and good customer relationships. This can also breach insurance policy conditions and jeopardise valuable contracts. Our know-how can help clients avoid this pitfall.

The analysis of loss/risk data
Reviewing the data of a single company may not provide sufficient indicators to deliver the solutions sought. But given access to our much broader industry specific knowledge base - one built up in over 70 years of experience - enables risk managers to improve performance and minimise the risk of adverse developments or trends.

Security
This subject has many facets, but the more obvious concerns are vehicle/site security, hijack avoidance, illegal immigrant prevention and the secure movement of high value cargo. From our experience, we can recommend industry standard procedures or employ - on a client's behalf - specialist experts to investigate ways in which security risks can be reduced.


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