BIFAlink March 2025

BIFA News

ITN Business shares results of Transforming Logistics

As reported in the November BIFAlink , BIFA played a prominent role in a news- style programme, ‘Transforming Logistics: Precision and Purpose’, produced by ITN Business. The programme centred on the logistics and supply chain industry, showcasing the sector’s most influential figures and innovators. In this production, which was hosted by presenter and broadcaster Louise Minchin, BIFA’s director general Steve Parker emphasised the resilience of BIFA Members whilst navigating a series of sector challenges. Steve also highlighted BIFA’s role as an active promoter of the industry through its championing of the apprenticeships pathway, the developing Young Forwarder Network community and the growing suite of industry training opportunities. Three months on, ITN Business has shared the

results of the campaign, which has delivered fascinating insights into how the programme has performed. If you missed our recent episode of BIFAlink TV discussing these insights in more detail, then you can catch it here: https://youtu.be/f2dJpOiKO3 U?si=JmVIfmfPaq7iE9fz The programme is still available to watch online, so please scan the QR code to access all elements of the programme, including Steve’s interview. an opportunity that the insurance market is currently missing.” Both agree that the insurance sector needs to simplify the process for clients regarding both placement and claims, so that everyone can win. BIFA is continually trying to help its Members understand the insurance industry and participation in events like Cargo Insurance London is part of this. The subject will also feature as one of the sessions at the BIFA National Conference in May. Cargo Insurance London is a one-day conference taking place at the Mermaid Theatre in London on March 20. Further information can be

A question of insurance

Steve Parker, director general of BIFA, is set to join Marcus Baker, global head of marine, cargo and logistics at Marsh, to provide the keynote address at the forthcoming Cargo Insurance London conference. In the opening address, Steve and Marcus will examine the current views of brokers and clients regarding cargo insurance. Steve commented: “During the 50 years I have been in this industry, one of the things that has always surprised me is the amount of freight that moves globally without insurance. We will examine the reasons why this happens and

suggest some initiatives about what can be done to remedy this.” Marcus added: “The percentage of freight moving under or uninsured is a point

for debate, but estimates suggest as much as 80%. In our presentation, we will focus on the amount of cargo premium available globally and explore whether there is

found at: https://cargo insurancelondon.com/

6 | March 2025

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