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 Stock
Throughput (STP) Insurance
To coordinate with the development of a global merchandise
logistic network,
distribution and warehousing system, stock throughput
(STP) insurance has
emerged to replace traditional cargo insurance.
STP is a combination of cargo
import/export insurance, inland freight insurance
and warehousing insurance.
It is a single insurance policy which covers risks
relating to import of raw
materials, manufacturing and processing, warehousing
and delivery. STP not
only avoids difficulties in managing traditional
cargo insurance policies,
limitations on storage duration and location, but
also prevents loopholes in
insurance policies to ensure that the interest of
the organization is safeguarded.
.
Alexander Leed assists
organizations in recognizing integrated risks as
well as
providing solutions in line with strategic approach
to global logistics, coupled
with professional services for loss prevention,
to upgrade the competitiveness
of the organization.
.
On the other hand,
Alexander Leed can also assist
in establishment of claim procedure ensuring claims,
if any, are handled in an efficient way. Timely
and
efficient administration and professional capability
of coordination and handling of claims could save
management cost and reduce corporate losses.
| Alexander
Leed can |
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assist
organizations in recognizing risks associated
with global logistic operations; |
|
provide all rounded
proposals and arrangements for insurance in
line with strategic approach of corporate; |
|
provide
uniformed approach to risk management of global
logistic operations; |
|
provide professional
services for loss prevention; |
|
assist
in establishing claim procedure and coordination
and handling of claims. |
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