Corona Virus has had a dreadful effect on the way business is conducted. Here we present to you a list of disruptions caused by it and a few recommendations on how we can help combat those. Corona virus effect Global shipping has been hit by the coronavirus. Giant shipping companies such as Maersk, MSC Mediterranean Shipping, Hapag-Lloyd and CMA-CGM have...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

Dear All, We are proud to inform that today Beacon Insurance Brokers Pvt. Ltd. is celebrating its 15th birthday. We began this wonderful journey on 31st January 2005. It’s a very proud moment for us and we would like to thank you for playing a very vital role in our journey so far. We hope it’s been a happy association...

Dear All, Greetings from Beacon!! In our effort to keep on updating you on the various changes which come from to time, please see a recent circular (attached) which gives guidelines to be followed for Marine Cargo Transit cover. The gist of the circular is as below. Please note that the circular is effective from 01/02/2020 It has been decided...

The London-based currency exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems through a ransomware, leading to a global blackout on its online currency exchange services. A criminal investigation led by London’s Metropolitan Police is now also underway, to check its severity to public data. The...