Such losses can be significant and may require letters of guarantee to have the cargo released. Land cargo insurance will also usually only cover the boundaries of the country you’re from. The Hartford offers a broad selection of Ocean Marine insurance coverages. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Download our advisory to access loss control guidelines from our specialists—on everything from carrier selection and packaging to storage and documentation. Product and service offers can vary based on location, industry, risk profile and unique business needs. We can match you with the perfect person for your specific needs. AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting. This includes cross border capabilities, captive programmes and local policy issuance designed to comply with all legislative and tax requirements. Use this knowledge to better evaluate your coverage options when your policy renews to make sure you have the coverage you need to protect your investment. Walaa provides all risk coverage as well as policies covering limited risk depending on the needs of the insured. You can disable them at any time. AXA XL has an unrivalled worldwide network of offices and partners that is able to offer global insurance solutions to multinational companies. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. The business is written as direct insurance, through intermediaries, or occasionally as facultative reinsurance. Our globally coordinated team of nearly 600 maritime specialists places approximately US$3 billion in marine premiums globally, identifying cost-effective, often hard-to-find insurance solutions. This consists of ship-owners' insurances (hull & machinery, hull interests, loss of hire and special insurances relating to the ships) and war risks. Whether you’re shipping via air, marine, or over the road, there is a good chance that you are carrying very valuable cargo. All other worldwide destinations are covered by our affiliated organization member companies. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Hull & offshore energy share reduced 1%, Cargo share up 2%. We offer insurance in four areas: marine hull and machinery, marine liability, cargo and specie. He is also a member of the Joint Cargo Committee, which represents the interests of cargo underwriters in London. Starr Insurance Companies has the capacity to meet marine clients’ needs. - Manufacturers, traders, assemblers, retailers, distributors, Stock throughput – combined stock and transit risks, Project risks, including delay in start-up, Liability risks for forwarders, hauliers and warehouse keepers, Licensed to write multinational risks through Lloyd’s of London and IUA platforms, Global claims network for marine insurance, General risk engineering services, including supply chain analysis, assessment of logistic procedures, loss prevention reports, location surveys and more, Dedicated cargo risk engineering capabilities, Electronic insurance self-certificate tool for customers, Access to InsureTech products through our network of suppliers, Multinational companies, including captives. This ceases after you take delivery of the vehicle at destination. All general cargo risks for: Schumacher Cargo Logistics utilizes insured, secured and bonded facilities. RLI’s ocean cargo marine policy protects goods shipped by water or air from physical loss or damage. For over 100 years, Tokio Marine has offered comprehensive commercial property and casualty insurance products to large - and middle-market companies in a variety of industries. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. We won't set optional cookies unless you enable them. We also offer liability insurance for freight forwarders, haulers and logistics companies. TOPAZ established respectable business relations among the International Shipping Market, with Cargo underwriters, P &I Insurers, CMR underwriters, Average adjusters, Loss adjusters, Ship Owners/ Operators/ Managers, Ship Agents, International Commodity Traders and Independent marine survey companies both in Turkey and abroad. This includes the full spectrum of risks from loss, damage and theft to war and terrorism in transit. Representing top rated insurance companies and writing all types of maritime insurance coverages, we are able and honored to meet your marine insurance needs. US- and Canada-Issued Insurance Policies. Help Ensure Your Cargo Is Protected En Route. Our experience protecting the diverse array of global and domestic transportation risks dates to Zurich’s founding as a marine insurer in 1872. Our priority and focus has always been customer satisfaction and the scope of our services extends beyond the role of a mere insurance provider. Our online services are designed to allow brokers to quote and bind cargo insurance risks for smaller customers in minutes. Our loss control experts support our clients by helping them design thorough, practical plans to effectively mitigate damage and loss, wherever they do business. This includes the full spectrum of risks from loss, damage and theft to war and terrorism in transit. Please refer to the individual policy wordings for specific coverage details. In this instance, you’ve protected from damages that occur through loading/unloading of the cargo, weather issues, piracy, and much more. Depending on the terms of sale, this coverage: Begins at the warehouse at the point of shipment; Extends to the warehouse at the point of destination; Includes all intermediate transit by rail or truck There is a $500.00 deductible. Unusual cargo? Some companies use the term Self-Insurance if they actually have no insurance and are willing to “eat” a loss. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Our particular focus is on atypical marine risks, including project cargo, specialist craft and builder’s risk. INSTITUTE CARGO AIR. AXA XL Insurance offers a range of marine cargo and freight liability insurance solutions for all customer groups – from smaller local and regional companies through to large, complex multinational corporations. Global risk transfer options for large, complex financial requirements, including: Dedicated team of specialists in global marine program structures, Customized risk transfer options, as well as risk retention options through deductible and retrospective rating structures and use of captive reinsurers, Logistics companies and businesses that ship unusual or distinctive products. Now you know a bit more about the ocean cargo marine insurance policies. Marine insurance typically compensates the owner of merchandise for losses endured in excess of those which can be legally recovered from the carrier that are ensued from fire, piracy and various other causes. The Southeast Insurance Group provides innovative, flexible and comprehensive commercial marine insurance programs for the maritime industry including gaming vessels, cruise ships, cargo ships, stevedores, terminal operators, tug and tow boats, passengers boats and mega yachts. We cover all types of businesses, including: Access to AXA XL for our products and services can be established via retail, wholesale and Lloyd’s brokers. Marine Insurance USA * West Coast Marine Insurance. Provided by A&B Insurance Brokers, who are Marine insurance specialists with over 25 years experience, Freightcover reduces the time, effort and cost of obtaining cargo insurance by offering an online system that enables you to cover your goods or your customers goods in under 30 seconds, pay either on account or by credit card and obtain your documents instantly. Tokio Marine America (TMA) is the management company for the U.S. Insurance operations of Tokio Marine America Insurance Company (TMAIC). 888-846-9965 sales@insurecargo.com We provide warehousing, packing, crating, trucking and loading services out of our own warehouses here in the USA - Los Angeles, Houston, Savannah, Miami, New York, and New Jersey. But our loss control service sets us apart from other insurance carriers in the marine business. Bansar offers an assortment of ocean marine policies that can cover any aspect of your marine operations. Insurance Company. Ocean Cargo Insurance, Hull & Liability Insurance, Builder’s Risk … And More. Marine Hull & P&I Insurance. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Geographical coverage is for informational purposes only. We have excellent relationships with a number of insurers and can cater for standard as well as unusual cargo, as well as high-value items and equipment. So, it doesn’t always cover international shipping claims. Marine cargo insurance The policy covers the loss of, or damage to, goods at sea/ air/ land. ASCOT’S Gavin Wall started in insurance in 2003 with his current employers, and has since risen to become one of the most highly regarded underwriters specialising in cargo. It’s incredibly common for goods to be chipped, damaged, lost … RLI’s hull and P&I insurance offers protection from physical damage to vessel hulls as well as associated coverages. Mailing: P.O. As your U.S. business expands to the global market, the risk you face in transporting goods increases exponentially. AXA XL’s marine cargo insurance products cover our customers goods on land, sea, air and in storage. RLI’s marine cargo policy provides coverage for physical loss or damage to goods shipped by water or air. We also offer liability insurance for freight forwarders, haulers and logistics companies. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. Tokio Marine has been a world class marine underwriter for over a century. These expenses are covered under your Marine Cargo Insurance Policy. Inland Marine Insurance AIG offers movable business property protection for those who aren’t on the seas, including trucking and construction companies, property developers, and more. With one of the largest, most experienced networks of cargo insurance specialists, claims experts and risk consultants in the business, Allianz Global Corporate & Specialty (AGCS) delivers local solutions for marine cargo risks in more than 200 countries and territories. Need quick turn-around? Chubb’s innovative cargo solutions can offer you protection from the moment your cargo leaves its point of origin until it reaches its final destination. Box 20369 Sedona, AZ 86341. Broad protection on goods in transit worldwide, including storage, Solutions tailored to the size and complexity of your unique exposure, Streamlined billing and simplified accounting, Customized global claim and recovery programs, Broad global network capabilities with Chubb-owned offices in major markets and network of long term partners committed to Chubb’s global standards, Backed by Chubb’s financial strength and industry-leading technology, Ocean/Air Transit Insurance for goods in international trade, as well as domestic coastwise trade, Controlled Master Programs with locally written underlying policies where required and permitted by law, Multiline coverage when combined with other Chubb products, Bailee Liabilities, including Non Vessel Operating Common Carrier (NVOCC) and Air Cargo Legal, Alternative risk transfer/retention options, Tailored engineering, including marine risk management services. InsureCargo is the leading U.S. based facility selling cargo, marine, and freight insurance for single trip exposures to and from anywhere in the world. Small to Medium size businesses can get immediate quotes online with our partner, Vindati. We offer customized ocean cargo programs that protect goods in transit by ocean or air, almost anywhere in the world. Located in the Southeast United States (Miami, Florida), Darlow Marine Insurance is an independent agency specializing in international maritime risks for over three decades. Ocean marine insurance is a special type of the marine cargo insurance, which protects your cargo from issues in open ocean. Marine Cargo Insurance. Zurich is a global leader in Marine Insurance solutions, offering a wide range of marine policies in more than 215 countries and territories. Marsh’s Marine Practice is a leading advisor to the maritime industry on risk and insurance issues. This includes Ocean Cargo insurance, Hull and Machinery insurance, Protection and Indemnity policies, Monoline Legal Liability policies, and Marine General Liability insurance. That includes transit and container insurance. Transport/Cargo Marine Liability Marine Premium 2017 Offshore/Energy by line of business Total estimate 2017: 28.5 USD billion / Change 2016 to 2017: +2% NB: Exchange rate effects! Our marine policy options: Single consignments for household goods … Marine Insurance With over 200 years of experience in marine insurance, Chubb offers companies a range of commercial coverage options - across both inland and ocean marine - for all types of risk associated with shipping and logistics. We offer FULL COVER Marine Insurance against Loss or Damage from the time your vehicle is loaded onto the Vessel for shipment at a rate of 1.75% of the value you wish to Insure for. Marine Cargo Insurance covers different risks depending upon the … Worldwide Ocean Cargo Insurance As your U.S. business expands to the global market, the risk you face in transporting goods increases exponentially. Advisors available 7 days/wk. Chubb’s innovative cargo solutions can offer you protection from the moment your cargo leaves its point of origin until it reaches its final destination. Air cargo insurance is a type of policy that protects a buyer or seller of goods being transported by air. The information contained herein is intended for informational purposes only. If you request us to obtain a marine cargo insurance certificate on your behalf, then the fee varies depending on the type of shipping goods and kind of requested service: I. LCL freight from the USA: Commercial cargo proof packed: $2 per $100 (2%) @ value declared; Commercial cargo self packed: $3 per $100 (3%) @ value declared Marine Cargo Insurance: This insurance covers all instances of shipping by sea, along with air freight shipping too. A letter of guarantee would be issued by the cargo underwriters and is an agreement to meet the insured’s liability for contribution. Marine Cargo insurance caters to losses / damages pertaining to cargo / freight carried on the vessel. We provide a comprehensive range of insurance solutions for hull business. ... Based on our network of insurance companies, you get a range of different pricing and policy options for you to pick one that best suits your business needs and fits into your budget. It reimburses the insured for items that are damaged, destroyed or lost during transit, loading and unloading or while being held or stored during the … It is not Insured while waiting to be loaded at the shipping lines terminals. For more detailed information on the cookies used for this website, you can read our Cookie Policy. Marine Cargo Insurance protects your goods from damage, theft, or loss while transported by sea, air, or land, from the time they leave the warehouse until delivery to their final destination. 800-424-2628, Fax 800-590-2080. wcmarine@att.net | http://www.marineinsuranceusa.com | AXA XL’s marine cargo insurance products cover our customers goods on land, sea, air and in storage. 6 (other than IGPI) Covering marine, transport, and logistics risks since 1890 Allianz Global Corporate & Specialty (AGCS) provides global marine and shipping insurance for all types of marine risk, from single vessels and shipments to the most complex fleets and multinational logistics businesses.