Background

With the surge in global shipments, a leading Chinese smart device enterprise has established multiple logistics operation centers in regions such as Hong Kong, Europe, and Latin America, advancing its global expansion strategy and shaping an extensive, interconnected logistics network. Managing risk across such a vast and complex logistics framework has become a priority for both the enterprise and its insurer. In August 2024, Frad was engaged by the insurer to conduct comprehensive risk mitigation services aimed at safeguarding the company’s freight transport operations. These services included on-site risk surveys, in-depth risk analysis, and thorough assessments, with a particular focus on the enterprise's key warehouses in mainland China, Hong Kong, and Latin America.

Core Highlights

Quantitative Risk Insight: Based on our proprietary analytical approach and exclusive database, we deliver precise, quantifiable assessment of a company’s riskiness index. This metric provides a clear, numerical visualization of risk profiles, empowering enterprises and insurers to conduct cross-comparisons within the industry landscape.

Overseas Operation Capability: Through Frad’s extensive global network, we proudly operate across more than 170 countries and regions, ensuring unparalleled service reach and support for diverse client needs worldwide.

Closed-loop Risk Management: We adhere “Closed-loop Risk Management” as our service standard. After the risk survey, Frad continued to deliver value through a suite of ongoing services, including in-depth seminars, targeted risk training, and interactive case discussions. This approach ensures that our clients can steadily enhance their risk resilience over time.

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