The movement and handling of the goods while the goods are the property of the insured or on a contingency basis where required. Coverage can be extended to cover customers goods prior and after shipment in warehouses as well as during the course of ordinary transit. We also understand that clients in certain situations might need to seek insurance for single shipments not catered for under annual open covers and therefore encourage clients to use our platform to request spot certificates after which can be downloaded from our platform by the clients themselves.
We provide cover for a variety of interests including, but not limited to:
We cover cargo for physical loss or damage whilst in transit by air, land or sea for importers, exporters and manufacturers.
The legal responsibility of the freight forwarder or logistics handler for damage to their customers goods under the domestic and international conventions governing limits of liability. Coverage can be extended also to cover costs and expenses incurred by the shipper due to errors and omissions of the Insured or their sub-contractors. A further coverage which might be required in certain specific situations is up lifted contractual liability whereby an insured is requested by there client to accept responsibility for a higher limit than that foreseen under standard liability conventions. This last coverage is naturally offered on a tailor made basis.
We provide for third – party liabilities related to marine risks
The legal liability of the haulage company for damage to clients goods irrespective if they are operating as main contractors or working as sub-contractors for freight forwarders or logistics handlers. The international conventions limits are the same as those covered under the freight forwarders liability coverage relating however to damage to customers goods only. Carrier’s liability protects the haulage company from recourse carried both by the shipper and or the freight forwarder.
Our underwriting team has a lot of combined experience in the marine market and are recognized global leaders in this niche market. The team has extensive experience on the particular risks faced by port operators, as well as by companies involved in the shipping and freight transport sectors. This class of insurance requires specialist knowledge, new insights and a strong partnership with customers. We offer products that meet the sophisticated and technical needs of the port and terminal industry. We tailor coverage to suit the client’s individual needs, which means the client can rest assured that the policy they receive is tuned to meet their specific needs.
Coverages include but not limited to:
Third party liabilities
Liability for loss of or damage to cargo in the client’s care, custody and control
Professional liability for negligent acts or omissions
Liabilities to authorities for regulatory breaches
Cover can be extended (as part of a package), to include:
Handling equipment (both owned and leased)
Major subclasses include but not limited to:
Warehouse and depot operators