Protect your risks for loss or damage to goods in transit, or in intermediate storage in conjunction with an insured transit.
Insurance, risk management and claims specialists.
Your risks are carried by a solid and financially strong company.
Online service wherever and whenever you need it.
It is essential that a loss is recoverable only by an insured who at the time of loss has an insurable interest in the goods.
In certain high risk areas the insurance cover is in force only when agreed upon in advance with the insurer. High risk area list and further information are available on request.
The insurable interest or obligation to take out insurance is usually determined by a term of delivery, such as Incoterms.
We provide best-in-class claims handling. Let our international team of claims adjusters and Maritime Lawyers handle your claims so you can concentrate on your core business. For practical information and claims forms, contact your representative.
We provide enhanced support for supply chain risks. The combined Property and Cargo insurance is designed to fill gaps between traditional single policies, combining the strengths of both. Contact your Account Executive for details.
In the marine area we concentrate on products protecting your risks for loss or damage to goods in transit, or in intermediate storage in conjunction with an insured transit.
Consequential losses due to a cargo loss can be covered by Marine Consequential Loss insurance. In addition we provide insurance for Freight Forwarders covering the freight forwarder’s legal contractual liability to their principal.
The purpose of cargo insurance is to cover goods in transit — during land transport as well as transport by sea or air.
Cargo insurance can be effected on different conditions by using various clauses. All the conditions have one thing in common: the goods can only be insured against unexpected, fortuitous losses. A loss which can be considered a certainty rather than an accident — such as normal wear and tear — cannot be insured against.
The purpose of carriers’ and forwarders’ liability insurance is to cover the carriers’ and forwarders’ liability regulated by national and international legislation and conventions.
Freight forwarders are exposed to a broad variety of liabilities in respect of the services they provide to their customers. Different liabilities are applicable for transit by sea, air, road or rail. Modern freight forwarders may also assume liabilities as operators of temperature-controlled equipment, warehouse owners and intermodal operators. Third-party logistics and internet businesses are increasingly common responsibilities.
Cargo insurance can be effected on different conditions by using various clauses.
Different liabilities are applicable for transit by sea, air, road or rail. Transportation regulations, legislation and forwarders’ liability conditions and clauses apply.
Notice of claim, periods of limitation and limitation of liability in international transports. Applicable rules vary by mode of transportation.
