Atlas Logistic Network provides a comprehensive financial support framework designed to ensure secure and reliable transactions among its members. Here’s an overview of the key components:
Robust Payment Security
Atlas offers tailor-made insolvency insurance to protect members against financial risks. Each member is covered up to USD 100,000 annually, with a total network-wide coverage of USD 500,000 per year. This insurance is managed through an independent broker and a Lloyd’s-registered insurer rated A+ by Standard & Poor’s, ensuring transparency and neutrality.
Proactive Payment Monitoring
To maintain a financially safe business environment, Atlas implements a Payment Protection Program (3P). Members are encouraged to report outstanding payments bi-monthly, facilitating early identification and resolution of potential issues. This system emphasizes personal communication over automated processes, fostering trust and accountability within the network.
Effective Conflict Resolution
In cases where disputes arise and mutual agreement cannot be reached, Atlas provides an Arbitration Committee composed of three impartial members from different regions and companies. The committee’s verdict is final and binding, with non-compliance potentially leading to expulsion from the network. Notably, due to the effectiveness of Atlas’s preventive measures, such arbitration has rarely been necessary.
International Debt Collection
Are your unpaid invoices not eligible for compensation through our credit risk insurance or do you have issues with a non-network member? Our partners at TCM Belgium will still help you out. TCM is a global leader in credit management and debt collection services, with over 30 years of experience in 150+ countries.
They offer efficient debt collection to promptly recover outstanding invoices, often through amicable on-site visits. Their advanced IT solutions, including secure online platforms and visitor apps, ensure transparent and efficient operations. With local expertise worldwide, TCM handles collections across different jurisdictions and offers legal support through a network of professionals for any disputes.
Explore TCM’s services and benefit from this partnership. Visit TCM’s website or contact us to learn more.
Cargo Insurance
The Atlas Logistic Network insurance is covered by an A+ rated by Standard & Poor’s as an international specialty insurer, operating in the Lloyd’s and London market, Continental Europe and the U.S. Launched in 2008, they now have over 500 employees in 12 offices worldwide.
As a result, this insurance company is the perfect choice for our dedicated and exclusive forwarders network in size, facility, innovation and coverage.
What are the benefits of the Atlas on-line cargo insurance system?
- Online quoting system available 24/7
- Online printing of your insurance certificates at your desktop
- Highly competitive conditions
- Flexible solutions for special cargo requirements
- Team of experts at your disposal to assist
- Automatic access to all facilities as Atlas member
The online cargo insurance is available to all members through our secured “members only” log in system and is offering our members unique benefits applicable for their worldwide shipments.
Although cargo insurance is the interest of the cargo, and as such your individual customers, your expertise could make a world of difference when a claim is heading your way. The Atlas cargo insurance program gives our members a unique competitive benefits giving them access to highest available pricing systems for SME’s in today’s industry.
E&O insurance
The Atlas professional liability insurance protects our members against claims made by their clients due to inadequate working procedures or negligent mistakes. The E&O insurance is covered by our team of experts to assist our members whenever legal actions are involved.
The solutions offered are tailor-made to each individual company and is developed to protect our members against legal action and claims. It includes a legal liability cover to assist our members from day one a claim has been launched.
We feel it is Atlas’ duty to protect and assist our members in every aspect of the freight forwarding and logistic business whenever they choose to partner up with our family network.
