Marine Cargo & Stock Throughput

Amwins Program Underwriters is dedicated to providing expertly crafted Marine Cargo & Stock Throughput insurance to a variety of industries. 

Does your insured's business import or export its products? Do they source raw materials or distribute/sell manufactured goods overseas? If you answered “yes” to either of these questions, Marine Cargo insurance should be considered as an integral component of your client's business stability strategy.

Billions of dollars of goods and merchandise are shipped around the world each year, resulting in high-risk cargo exposures.

These risks aren't limited to one industry, but can span many industries, including manufacturing, distribution, healthcare, energy, construction and technology. Marine Cargo insurance covers physical loss and/or damage of goods while in transit between the point of origin through the final delivery.

Target clients:

• Importers and exporters
• Manufacturers 
• Wholesalers
• Retailers
• Multi-national companies

Types of cargo programs and risks we cover:

• Worldwide transit of goods by land, by sea, and by air
• Worldwide storage of goods as inventory at warehouses, distribution centers, 3PLs
• Goods in transit and storage as raw material, work in process, or finished product
• Project cargo (excluding delay-in-startup)
• Primary or excess layers

Program details:

• Limits up to $25M per conveyance and per location
• Minimum premium: $7,500
• Availability: national
• Carrier: A.M. Best “A+” rated, admitted
• Submission requirements: completed application, 5-year loss history
  
  

Click here to learn more about our program!