Logistics & Transportation

The Logistics industry in India includes transportation and warehousing. India's container trade has been growing at around 15 percent over the past five years. The factors facilitating the effective functioning of the logistics industry are integration, confederations, technology, legislation and globalization.

The Transportation industry of India today has to be on the move, constantly, in more ways than one. It has to deal with the increasing demands of customers and suppliers, while simultaneously trying to optimize the entire business operation at minimum cost. To keep pace with changing business paradigms, transporters need more than ever to use information technology, not merely as an enabler of operations but as a strategic driver and critical business tool.

Each segment of the Logistics & Transportation industry, including air transport, motor freight, railroad and water transportation, pipelines, logistics (3PL/4PL) providers or couriers, and support services is under pressure for meeting greater customer expectations, improving return on assets, minimizing operating costs, optimizing capacity and promoting operational excellence.

In a rapidly changing environment, it is imperative to ensure that IT investments help rationalize costs and provide the intelligence to optimize inter-modal flows, both from a cargo and freight route perspective.

We at ENAM Insurance Broker believe in proper identification and assessment of risk so that industry misfortunes can be handled appropriately and cost effectively. ENAM’s Logistics & Transportation solution offerings have helped companies not only face traditional challenges but improve bottom-line operational efficiency and meet new performance objectives.

ENAM Risk Management Strategy

Assistance in determination of the objectives of the client company
Advice on specific and detailed risk identification, analysis and assessment
Selection of the risk treatment devices or appropriate covers from the market
Arranging for risk transfer with optimization of covers at best possible quotes
Prompt claims facilitation, cooperation and provision of technical expertise.

To know more, please feel free to write to insure@enam.com

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Enam Insurance Broker is regulated by Insurance Regulatory and Development Authority; License Code: DB – 340/06’