• TPM23
  • February 26 – March 1, 2023 | Long Beach Convention Center
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Rick Bridges

Lockton Companies

Vice President and Account Executive-Supply Chain and Logistics

Over the past 23+ years, I’ve leveraged my expertise in insurance brokerage, risk management, underwriting, and product development to improve the solutions we offer to our transportation and logistics clients, while driving and championing innovation in the industry.

Highlights:

➡ Together, with an international team, developed the industry’s first sensor-based cargo insurance product. This patented innovation enables detection of damage, breakage or spoilage via sensor, allowing for a state-of-the-art risk assessment.

➡ Authored numerous white papers and presented on risk management, supply chain, logistics issues; earned recognition as a leading expert.

➡ Created innovative coverage enhancements and insurance/risk management programs that have provided clients with better coverage and generated new revenue pipelines.

➡ Deeply experienced in solving difficult problems for clients worldwide. No matter what the challenge, we’ve been able to identify a workable solution that creates a win-win.

Specialties: Trade Finance risk solutions, Stock Throughput, marine insurance underwriting, global insurance programs, insurance brokerage, risk management, product innovation, broker/client relations, leadership and mentoring, public speaking and presentations, board leadership, regulatory affairs, risk pricing and optimization

Sessions With Rick Bridges

Monday, 27 February

  • 01:30pm - 02:15pm (PST) / 27/feb/2023 09:30 pm - 27/feb/2023 10:15 pm

    TPM Academy: Supply Chain Risk Transfer — An Explanation of Coverage Options and Practical Application

    In a trade environment rife with risk, shippers and the wider maritime community need a detailed understanding of supply chain risks, insurance, and which supply chain exposures may or may not be covered and by which party. Whether a company is trying to grasp what “General Average” means in the case of a vessel running aground, or a shipper needs to make choices about the level of insurance to carry, a formal marine cargo insurance strategy is integral to any company’s Risk Management Program. Taught be Rick Bridges, an expert with years of experience in the field, this module the carrier’s limited liability pursuant to a contract for carriage, creation of meaningful master service agreements, as well as the difference between the various types of cargo insurance. With a great tie-in to the module on Incoterms 2020 Rules, Rick also will reveal how terms of sale protect or expose importers and exporters and how best to manage total cost of risk.

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