Why You Should Outsource Your Cargo Claim Recovery
To Insure or Not to Insure Fresh Produce Cargo?
February 23, 2024
Rising Demand, Increased Cargo Damage Risks
February 23, 2024
In recent industry reports and data, 1 in 100 containers arrives with damage varying in levels. Dealing with damaged cargo and cargo claims recovery can be overwhelming, especially for businesses new in the industry and unfamiliar with the process.
Here’s why outsourcing to a professional cargo claim handler can be your best bet:
Expertise and Experience
Cargo claim handlers such as Recoupex possess in-depth knowledge of maritime law, transportation regulations, and claims procedures. They stay updated on industry best practices and can effectively negotiate with carriers and insurers to maximize your recovery.
Time and Resource Savings
Handling claims yourself diverts valuable time and resources from your core business activities. Outsourcing allows you to focus on what you do best while experts handle the claim.
Global Reach
If your cargo was damaged internationally, a claim handler with a global network can navigate the complexities of different legal systems and languages, ensuring you comply with all regulations.
Improved Claim Success Rates
Experienced claim handlers have a proven track record of securing higher settlements compared to individuals filing claims. They know how to build strong cases and present them persuasively. Recoupex alone had a success rate of 81% in 2023.
Reduced Stress and Hassle
Dealing with cargo claims can be stressful. Outsourcing the process to a professional alleviates that burden and gives you peace of mind knowing your claim is in good hands.
Additional Benefits
Reputable claim handlers often offer additional services like risk management, helping you prevent future cargo damage and streamline your shipping processes.
Damaged cargo can significantly impact your business and you personally, but it doesn’t have to be. Outsourcing your cargo claim recovery to a professional, let’s you gain the expertise, time savings, and improved chances of a successful outcome, allowing you to focus on what matters most – running your export import business.
Recoupex is a hub of transport lawyers – experts in cargo claims. We assess your case quickly. We have successfully recovered claims from Maersk, Sealand, Hapag-Lloyd, Mediterranean Shipping Company – MSC, CMA CGM, and other carriers.
