Insurance

The main point of insurance is to protect against risk. As a rule, risk is understood as the probability that property, interests, or goals may be adversely affected. A person would seek to avoid these scenarios or receive compensation if they do occur. Insured events are assessed in terms of their probability of happening and the amount of damages they would cause if they do happen.

What is the most expensive thing in the modern world? Gold? Diamonds? Or maybe – according to a Forbes’ ranking of valuable products – a rhino horn? In the transport and logistics industry, time is the most expensive commodity.