Cargo Insurance
Comprehensive cover for cargo risks
properties.trackTitle
properties.trackSubtitle
We understand the risks your clients face, and we know how to help
Coverage and limits
Target risks
Limited risk appetite
- Timber and lumber, unless containerised (excl. storage at lumber yards)
- Tyres written on a stock throughput basis
- Yachts
- Arms / ammunition
- Any commodity written on extension clauses
- Temperature controlled pharmaceuticals
- Precious metals
- Mobiles phones and tablet computers
- Cigarettes, processed tobacco and vaping devices
- Livestock
- Bulk commodities
- Fine and rare wines or spirits
- Chilled seafood
- Freight forwarders as agents
- Bank notes, coins, bonds and the like
Outside of risk appetite
- Aquaculture or fish catch
- Iron ore fines
- Automotive (including car transporters)
Additional information
- We can write risks 100% or on a subscription basis
- Stock must have related purchase and sale transits
- Risks without stock can be transacted manually or electronically via Acturis
- Ability to write UK domiciled risks with overseas subsidiaries (subject to licensing and regulation)
Why work with us?
Get in touch with us
Making a claim
Related Downloads
Frequently asked questions
What is cargo insurance?
Who needs cargo insurance?
What is stock throughput insurance?
Stock throughput insurance provides coverage for goods which go into a storage warehouse before onward distribution to the end customer. For a business involved in import, storage and distribution or which has a continuous flow of goods, a stock throughput insurance policy can offer:
- Insurance coverage for inbound transits to the storage premises, whilst there, and subsequent delivery to the final customer.
- Coverage at own or third party storage premises.
- Cover for multiple transits between premises and to or from customers can be included.
- Cover for the goods on site or at customer’s premises. We may be able to provide cover for stock at retail locations.
Are there any geographical restrictions?
Cargo insurance is generally available to or from ports or places worldwide; however
- terms and conditions may vary for countries where there are higher than normal risks of war or terrorism;
- cover may not be available where trade is subject to international sanctions;
- cover may not be available for the inland leg to or from the port in countries where the infrastructure is poor or where there is an unacceptable theft risk;
- some countries require insurance to be placed locally or restrict the terms of sale or purchase (Incoterm) that can be used.
What is general average?
General Average is a long-established principle of Maritime Law which requires contribution from all whose goods were saved to the losses of those whose goods were sacrificed at time of common peril.
Learn more here.
The information provided in this content is intended for UK insurance brokers acting on behalf of their prospective or existing clients.
Any description is for general information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product. Policyholders who have questions or wish to arrange or amend cover should contact their insurance broker. Insurance brokers can find details of how to contact us here.
Any descriptions of coverage contained are meant to be general in nature and do not include nor are intended to include all of the actual terms, benefits, and limitations found in an insurance policy. The terms of any specific policy will instead govern that policy. Any guidance for UK insurance brokers is intended to provide general information only, and should not be used as a substitute for legal advice.