IPMG offers a specialized Stock Throughput Insurance program that provides seamless coverage for goods in transit and in storage, all under one comprehensive policy. This program is designed for agents and brokers seeking a flexible solution for clients involved in the global or domestic movement of goods—whether by land, sea, or air—paired with coverage for warehousing and distribution exposures.
Ideal Accounts and Appetite
This program is well-suited for manufacturers, importers, exporters, distributors, and wholesalers who have goods moving frequently between production sites, warehouses, and customer locations. IPMG welcomes accounts that require broad cargo protection across multiple transit and storage points.
Example accounts include:
- A furniture importer shipping products from Asia to multiple U.S. distribution centers and retail outlets
- A regional food manufacturer with goods moving from production to cold storage and distribution facilities
Coverage Highlights and Advantages
- All-risk coverage for physical loss or damage to stock during transit—by land, sea, or air
- Coverage extends to storage, packing, and distribution facilities
- Protection begins when the insured assumes responsibility and ends when goods reach the final customer
- Streamlined policy structure eliminates potential gaps between inland marine and property policies
- Customized solutions for complex supply chains and logistics operations
Underwriting Notes and Minimum Premiums
IPMG works closely with brokers to evaluate each risk individually. Minimum premiums vary depending on the size, complexity, and nature of the account. Because no two supply chains are the same, underwriters take a customized approach to crafting solutions that align with your client’s exposures and operations.
Territories and Availability
This Stock Throughput Insurance program is available in the following states: Florida, Georgia, Illinois, Indiana, Iowa, and Missouri. Coverage is placed on a non-admitted basis through various E&S markets.
Why Work With IPMG?
As a Managing General Agency and Excess & Surplus Lines Broker, IPMG brings specialized market access and underwriting expertise to complex transportation and storage risks. With strong carrier relationships and a hands-on approach to account review, IPMG helps brokers deliver tailored solutions for clients with evolving global and domestic logistics needs.
All accounts are unique, so please feel free to call us to discuss the specifics of your client’s needs. Choose IPMG for Stock Throughput Insurance!
Frequently Asked Questions
What types of accounts are a good fit for this Stock Throughput Insurance program?
This program is ideal for manufacturers, importers, exporters, wholesalers, and distributors with goods in transit and in storage across multiple locations.
What coverages are included under the policy?
The policy includes all-risk coverage for goods in transit by land, sea, or air, and extends to storage, packing, and distribution exposures.
Is this program available on an admitted basis?
No, coverage is placed on a non-admitted basis through various carriers.
What states is this program available in?
This program is available in Florida, Georgia, Illinois, Indiana, Iowa, and Missouri.
How are premiums determined?
Minimum premiums vary based on the account's size, risk profile, and coverage needs. Each submission is individually underwritten.
Need help placing an account? Connect with a market specialist.