DP World Introduces War Risk Insurance for Mideast Cargo
Billed as end-to-end coverage, it protects “critical gaps” in global supply chains, DP World says
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DP World is offering “war risk” insurance for cargo owners trying to navigate Mideast trade routes disrupted by the US conflict with Iran.
The end-to-end coverage protects shipments across the supply chain — ocean and air freight, inland haulage and storage. That way, it closes “critical gaps left by conventional insurance policies, which typically insure a single leg of the journey,” the Dubai-based port and logistics company said in a statement.