Professional Errors & Omissions Insurance is a specific profession-oriented cover. It insures losses caused by errors and omissions committed by professionals during the course of their work.

Cargo agents – cargo brokers, also known as 3PL (third party logistics providers) – are the shipper’s representatives, and the services they provide to shippers include the hiring of freight services, customs clearance and warehousing services among other services, and result in greater logistics efficiency.

All these activities are prone to risks, therefore the freight forwarder (as this agent is also known) responds for errors, omissions, delays, negligence, imprudence, breach of contract, and eventual incidents during cargo transportation.

In view of the foregoing, the cargo agent counts on specific liability insurance covers.
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