LIG Marine Managers, Inc. offers a robust Stock Throughput Insurance program designed for manufacturers and distributors that require seamless protection across all stages of the supply chain. This policy integrates Ocean Cargo, Inland Transit (road, rail, air), and warehouse or manufacturing location coverage—providing end-to-end insurance for goods in transit and at rest, anywhere in the world.
Ideal Accounts and Target Industries
This program is ideal for companies with complex logistics and international exposure, such as:
- Manufacturers who ship components to overseas facilities for processing or assembly
- Businesses utilizing third-party warehouses or distribution centers
- Retailers with global supply chains and multiple storage or transit points
You might have a client who sources raw materials in Asia, assembles products in Mexico, and distributes them across North America. This program can offer continuous coverage from the point of origin, through each transit and storage phase, to final delivery.
Coverage Highlights
LIG Marine Managers' Stock Throughput program includes a wide range of critical coverages under one policy:
- Ocean Cargo and Inland Transit – Covers goods in motion via sea, road, rail, or air
- Warehouse and Location Coverage – Protects goods stored at owned or third-party facilities
- General Liability
- Hull and Machinery
- Products Liability
- Builders Risk Clauses
- Protection & Indemnity – Including sea trials, demonstrations, and delivery if required
With limits available up to $25,000,000, this program is structured to meet the needs of mid to large-scale operations with complex logistics and high-value goods.
Underwriting and Minimum Premiums
The minimum premium starts at $25,000, including Products Liability. This reflects the comprehensive nature of the policy and the tailored underwriting approach LIG Marine Managers brings to each account. Submissions should include full transit details, storage locations, and values to ensure accurate quoting.
Available Markets and Territories
LIG Marine Managers writes this program through a variety of carriers across both admitted and non-admitted markets, depending on the risk. Coverage is available in all 50 states and Washington D.C., including surplus lines placements where necessary.
Why Work With LIG Marine Managers?
As a Managing General Agency and Excess & Surplus Lines Broker specializing in marine and logistics-related risks, LIG Marine Managers brings decades of expertise to complex supply chain exposures. Their underwriting team understands the nuances of international transit, multimodal shipping, and storage risk—making them a strategic partner for agents handling sophisticated accounts.
Please contact us today for more information on our Stock Throughput program!
Frequently Asked Questions
What types of accounts are a good fit for this Stock Throughput program?
Ideal accounts include manufacturers, importers, exporters, and retailers with international or multi-stage supply chains that involve both transit and storage.
Does this program cover goods stored at third-party warehouses?
Yes, the policy includes location coverage for goods stored at owned or third-party facilities worldwide.
What is the minimum premium for this program?
The minimum premium is $25,000, which includes Products Liability coverage.
Is this program available nationwide?
Yes, this program is available in all 50 states and Washington D.C., through a mix of admitted and non-admitted markets.
What information is needed to get a quote?
Agents should provide details on the transit routes, storage locations, values of goods, and the insured’s operations to receive an accurate quote.
Need help placing an account? Connect with a market specialist.