Classic Cases - Frad Risk Management

Cargo Transportation Insurance Indonesia 2024

Nickel Iron Transportation Sinking of a Metal Company

In August 2023, a Metal Company transported several thousand tons of granular nickel iron by sea voyage to Sulawesi, Indonesia.

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Freight Insurance Risk Mitigation Services Risk Management Services Latin America 2024

Freight Insurance Risk Mitigation Project For a Leading Chinese Smart Devices Enterprise

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.

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Risk Survey Philippines 2024

Erection All Risks (EAR) Insurance Risk Survey for a Global Leader in Information and Communication Technology

In April 2024, a team of Frad Risk Mitigation engineers was dispatched to the Philippines to conduct an on-site risk survey, commissioned by the insurer of a global leading enterprise in information and communication technology (ICT).

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Risk Mitigation Services Risk Survey Thailand 2024

Metal Process Plant Property All Risks Survey

In May 2024, Frad was assigned by a Chinese metal process plant’s insurer to conduct a risk survey for one of the enterprise’s production bases located in Thailand.

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Risk Survey Property All Risks Indonesia 2024

Property All Risks Survey for a Chinese Appliance Factory

In June 2024, we were assigned by a Chinese appliance enterprise’s insurer to conduct a risk survey at the production base of the enterprise located in Indonesia.

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Cargo Transportation Insurance Risk Mitigation Services Risk Management Services 2024

Provide Logistics Management Risk Mitigation Service for a Smart Terminal Device Enterprise

In October 2024, Frad was assigned by a Chinese smart terminal device enterprise’s insurer to provide risk mitigation service to the enterprise’s logistics management.

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Marine Cargo Transportation Insurance Spain 2024

Theft of a Communication Company’s Terminal Equipment

In October 2022, a several batches of terminal equipment transported by a Chinese famous communication company was stolen in a warehouse in Madrid, Spain.

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Cargo Transportation Insurance Marine cargo transportation insurance clause all risks Germany 2024

Drug of A Pharmaceutical Company Caught Fire in Hamburg

In July 2023, Frad was commissioned by the insurer to conduct a survey on-site to investigate the accident at Hamburg.

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Risk Mitigation Services Risk Management Services Property All Risks 2023

Provide Technical Support and Risk Mitigation Services for a Large Chinese Group’s Overseas Claims

In July 2023, Frad was assigned by an insurer to provide technical support for overseas claims of a Chinese large group and handled insurance claim from all over the world related with the group.

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Marine cargo transportation insurance clause all risks French Guiana 2022

A Crane of Heavy Industry Enterprise Collapsed in French Guiana

Frad was assigned by the insurer to conduct a survey on-site and investigate the accident in French Guiana.

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Quality assurance insurance for export products Türkiye 2021

A fire caused by a battery leak and a short circuit

On the afternoon of May 5, 2021, a fire broke out in a testing room of a large Turkish company, destroying almost everything in the room. An investigation revealed that a defect in the battery of Model 6FM150, manufactured by an electric technology company in Shenzhen, China, was the cause of the fire

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Logistics liability Insurance Houston, USA 2022

The Case of the Wet Aluminum Sheet

The insured was entrusted by the shipper to export 26 packages of aluminum sheets by sea, which arrived at the consignee in the United States on September 28th, 2021 and were found to be rusty and wet. Different degrees of water stains were found on the surface of the aluminum plate, and there were discoloration, corrosion, oxidation and other phenomena. The silver nitrate test result was positive, indicating that the aluminum plate was affected by seawater. The value of the goods claimed by the owner to the insured was about 800,000 RMB.

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