November 21, 2014 | Industry Insights

U.S. Border Protection Offers Risk Assessment Template

Share This:

U.S. Border Protection Offers Risk Assessment Template

To join the U.S. Customs-Trade Partnership Against Terrorism (C-TPAT) program and receive the benefits it provides in strengthening international supply chains and gaining specific corporate benefits—including reduced examination fees and access to Free and Secure Trade (FAST) lanes—applicants must be able to provide a documented process of how the company assesses risk. To facilitate that process, C-TPAT offers an overview of the elements of a good risk assessment in its August 2014 Five Step Risk Assessment for importers, brokers, consolidators, highway carriers, foreign manufacturers and U.S. exporters.

Since it’s vital to your financial security that you are not the weak link in the supply chain—especially because of your own failure to assess or combat risk—using C-TPAT’s five-step plan should be considered by all in the shipping industry. Even small companies should establish a risk mitigation process tailored to their niche. C-TPAT’s review is a good start.

Even if your supply sources are all deliberately selected because of their low risk of loss, you might be surprised what you would discover by doing an in-depth assessment of the full supply chain. A dependable manufacturer might shift to a foreign ground transportation provider to save on cost and, thereby, expose you to unknown risks of loss. Frequent trucker changes or use of truckers not certified by the Authorized Economic Operator program could introduce significant risk of loss—even if your supplier has historically not had delivery problems.

There are other aspects of your supply chain risk that, without deep consideration, could be missed, C-TPAT says. For example, the use of improperly treated wood material or evidence of pests in agricultural shipments can cause costly delays and lead to importer charges for demurrage, remedial actions or even immediate re-export of a shipment. And it’s not only agricultural commodities that are vulnerable. Noncompliant wood packaging material can be a costly problem in any sector, with supply chains involving metal, stone, food, finished wood products, machinery, electronics and plants having the highest risk of noncompliance.

A risk assessment can help you identify these and other underlying risks of loss and can bring to light insurance considerations you might previously have ignored or passed over as irrelevant. As part of your risk assessment process, involve your insurance broker. Roanoke Trade’s professionals are knowledgeable about not only insurance coverage but risk management as well. We work as members of your overall risk strategy team to provide probing questions and researched answers and can help keep you abreast of trends in loss as they evolve.

We invite you to learn more about us, our experienced talent in this highly specialized area, our creative solutions, and the value we will bring to you and your clients. Please contact us at 1-800-ROANOKE.

Source: C-TPAT, U.S. Customs & Border Protection

Share This:


Thank You to Karen Groff

We have important news to share with you. Karen Groff, President of Roanoke Insurance Group, has decided to leave the organization. Although our hearts are heavy with this news, we respect her decision and wish her all the best in her future endeavors. Karen played an integral role in Roanoke’s success over the past 30 […]

Corporate Communiqué, Industry Insights

How to Protect Your Company from Nuclear Bodily Injury Verdicts

The liability landscape for the trade and transportation industry is changing. Carrier accidents on the road resulting in bodily injury and property damage (BIPD) claims pose a real financial threat to brokers, forwarders, and other transportation intermediaries. Recently, the number of large trucks involved in fatal crashes and the resulting jury awards have skyrocketed. Inconsistent […]

Industry Insights, Transportation

How Vulnerable is Your Company to an Attack by Cyber Criminals?

As featured in Forward Magazine At the AirCargo 2022 conference, a question was posed to the audience: Who has cyber insurance? Only 20% of the audience raised their hands! This is concerning because cyber-related crime is at an all-time high and still growing fast. The current data around cybercrime is alarming. By April of 2021, […]

Cyber Security, Industry Insights

Sign up for our latest articles and events.

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.


If you have any questions or need help, feel free to contact with our team.



1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173


390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Solutions that Go the Distance.

© 2021 Roanoke Insurance Group Inc. A Munich Re company

Better Business Bureau logoCoverholder at Lloyd's logo