https://completemarkets.com/company/ipmg/stock-throughput-insurance/
IPMG’s Stock Throughput Insurance program provides a single, flexible policy that covers goods both while in transit and while in storage. Designed for agents and brokers, the program simplifies placement for clients with complex domestic or global supply chains—by land, sea, or air—while also addressing warehousing and distribution exposures.
Ideal Accounts and Appetite
This program fits manufacturers, importers, exporters, distributors, and wholesalers whose operations move goods frequently between production sites, warehouses, distribution centers, and customer locations. IPMG looks for accounts that need broad cargo protection across multiple transit legs and storage points.
Example accounts include:
A furniture importer shipping containers from Asia to several U.S. distribution centers and retail outlets
A regional food manufacturer moving finished product from production lines into refrigerated warehouses and out to grocery distributors
Coverage Highlights and Advantages
All-risk coverage for physical loss or damage to stock in transit by land, sea, or air
Coverage extends to warehousing, packing, and distribution facilities to reduce gaps between transit and property programs
Protection typically begins when the insured assumes responsibility and ends when goods are delivered to the final customer
Streamlined policy structure eliminates potential gaps between inland marine and property placements
Ability to tailor limits and terms for complex supply chains and multi-leg logistics operations
Underwriting Notes and Minimum Premiums
IPMG underwrites each submission on its own merits, working with brokers to understand shipment patterns, storage arrangements, and loss-control practices. Minimum premiums and terms vary by account size, commodity, transit frequency, and geographic scope. Provide detailed movement schedules, warehouse locations, valuation methods, and any current loss history to expedite review.
Territories and Availability
This Stock Throughput program is available on a non-admitted basis in Florida, Georgia, Illinois, Indiana, Iowa, and Missouri. Coverage is placed through various E&S carriers to provide flexibility for unique or higher-exposure accounts.
Why Work With IPMG?
As a Managing General Agency and Excess & Surplus lines broker, IPMG offers targeted market access and underwriting expertise for transportation and storage risks. Brokers benefit from IPMG’s relationships with specialty carriers, its practical approach to account review, and the ability to craft customized solutions for evolving logistics needs.
All accounts are unique. Contact IPMG to discuss the specifics of your client’s supply chain and get guidance on submission requirements and policy options. 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 provides all-risk coverage for goods in transit by land, sea, or air, and it 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 and terms vary by the account’s size, risk profile, commodity type, and coverage needs. Each submission is individually underwritten.
Need help placing an account? Connect with a market specialist.
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