Cargo Insurance Simplified
Why do you need to insure your cargo?
You may not be aware, but you are likely not covered in the event or a loss or damage to your cargo winen i comes to insuring cargo, a lot or businesses assume that they either don t need it or that thei treight forwarder or carriers will cover the risk
We want to address some of these incorrect assumptions and show you how important. easy and cost efficient it is to properly insure your cargo.
Increase In Claims
Cargo claims have skyrocketed in the last 5 years, mainly due to an increase in marine traffic and global trade, supply chain events and extreme weather conditions.
Lack Of Coverage
Today, around 70% of all cargo in transit is either under or uninsured.
Significant Unexpected Losses
The Evergiven Suez Canal incident in 2021 caused more than $2bn in losses alone, most of which were uninsured.
Through our insurance partners Breeze, we are able to provide you with "All Risk" cargo coverage for each of your shipments (sea/land/air), including General Averge.
Such coverage covers all risks, with some exceptions listed. We provide market leading pricing with no minimum premiums, based on the commodity type and cargo value.
We provide full coverage flexibility, allowing you to cancel your policy at any point before the arrival date.
Get in touch for a quote today!