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‘Tradeshield’ for online
 cargo insurance launched

Entitled ‘The Importance of Cargo Insurance in Trade and Logistics’, the half-day forum held on Thursday at the Address Dubai Marina Hotel and saw industry professionals come together to discuss the key issues and developments in the cargo insurance sector, including recent advances in e-commerce in the region. Industry expert, David Phillips the President of the National Association of Freight & Logistics, was also a key host and speaker at the forum. On announcing the launch of Tradeshield, Dubai Trade CEO, Eng. Mahmood Al Bastaki, said: “We are committed to realising the vision of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, for a smart government and ‘Smart Dubai’. Tradeshield is a platform that fits the strategic direction, meeting the needs of the trade and logistics community with an easy to complete and efficient way of insuring their shipments.”

“We have seen a growing demand for cargo insurance services over the past years” added Al Bastaki. “Initiating Tradeshield service came after observing the importance of protecting and securing the interests of the companies and traders while shipping the cargo, which guarantees its customers’ loyalty and ensures the success of the business transactions.”

— business@khaleejtimes.com