Marine Cargo Insurance
Our Marine Cargo insurance provides comprehensive protection for world-wide general cargo risks. This includes primary and excess coverage for both transit and stock, safeguarding your assets during sea, air, or land transport.
We cover Fortune 500 companies for stock and transit, especially assured with specialist and high-value exposures; this may include hi-tech organisations, major power companies and satellite companies. We also underwrite general cargo in transit, project cargo and space.
We aim to write a broad spectrum of business to both the large and niche brokers, working closely with intermediaries to provide insurance solutions to their clients’ requirements. We take pride in the levels of service and technical expertise we offer and, in our willingness, to view more complex business.
Global transit coverage options
Capacity $30m (USD)
What we do
- Cargo stock throughput
- Complex, unusual specialist cargos
- Dry bulk commodities
- Excess stock
- Liquid cargo
- Project cargo including delay in start up
Capacity $37.5m (USD)
What we do
- Cargo stock throughput
- Complex, unusual specialist cargos
- Excess cargo liability
- Excess stock
- Liquid cargo
- Lumber
- Project cargo including DSU
- Satellite pre-launch
Capacity $30m (USD) – Ocean cargo per location
Capacity $20m (USD) – Ocean cargo per shipment
What we do
- Bulk commodities (including liquid)
- Clothing/textiles
- General cargo
- Manufacturers
- Pharmaceuticals
- Refrigerated cargoes
Speak to one of our specialist underwriters
Marine Cargo Insurance FAQs
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Yes, our coverage is global. This means whether your cargo is being shipped across oceans, flown over continents, or transported overland across countries, it’s protected against physical loss or damage.
This international scope is crucial for businesses that operate on a global scale, ensuring that their goods are safeguarded throughout their journey.
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Canopius offers protection for world-wide general cargo risks on both a primary and excess basis. This includes coverage for physical loss or damage during sea, air, or land journeys.
Our comprehensive Cargo insurance covers a range of clients, including Fortune 500 companies, with a focus on stock and transit insurance.
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Marine insurance is a broad type of insurance that covers a range of risks associated with the transportation of goods and vessels overseas, including the ships themselves, the cargo, and any potential liabilities.
On the other hand, Cargo insurance is more specific and focuses solely on protecting the goods being transported against loss or damage during transit, whether by sea, air, or land.
In essence, Cargo insurance is a part of marine insurance, specifically tailored for the goods in transit.