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


Paul Hackett is Head of Distribution APAC and Head of Marine APAC & MENA at Canopius, a global specialty (re)insurer. With more than 20 years of experience in Marine insurance across the UK, Europe, and Asia-Pacific, he has held senior roles at RSA, Catlin, and Aspen. Since joining Canopius in 2018, Paul has led regional Marine, Energy, and Engineering teams and now oversees strategic distribution and marine operations. He also contributes to industry development through roles with the General Insurance Association Singapore and the International Union of Marine Insurance (IUMI).
















FAQs
-
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.
-
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.
-
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.
Latest Canopius marine news
Canopius Appoints Tom Losquadro as VP Underwriting, National Hull & Liability US
Chicago, 9 June 2025 – Canopius Group, a leading global specialty and P&C (re)insurer, is pleased to announce the appointment of Tom Losquadro as Vice President...
Find out moreCanopius Appoints Neetu Varghese as Head of Marine, US
Chicago, 5 May 2025 – Canopius, a leading global specialty and P&C (re)insurer, announced today the appointment of Neetu Varghese as Head of Marine, US. Ms....
Find out moreCanopius Announces Expanded Role for Paul Hackett as Regional Head of Distribution
Singapore, 5 March 2025 – Canopius Group, a leading global specialty and P&C (re)insurer, today announced that that Paul Hackett has taken on an expanded...
Find out moreCanopius Expands Marine Team with West Coast Appointment as US Growth Continues
Chicago, 13 June 2024 – Canopius, the global specialty (re)insurer, today announces it has appointed Anthony Nguyen as Vice President, Underwriting as our US Marine...
Find out moreCANOPIUS APPOINTS DAVID HOFFMAN AS MARINE UNDERWRITER IN CONTINUED APAC EXPANSION
SINGAPORE— April 17, 2023 – Canopius Group, a leading global specialty (re)insurer, today announced the appointment of David Hoffman as Marine Underwriter. Based in Sydney,...
Find out moreCANOPIUS U.S. AND FALVEY PARTNER TO PROVIDE INLAND MARINE COVERAGE
CHICAGO — April 5, 2023 — Canopius Group, a global specialty reinsurer, is announcing a new partnership with Falvey Insurance Group (FIG), a managing general...
Find out moreCanopius appoints Head of Marine Treaty
LONDON – 26th April 2022 – Canopius Group, a leading global specialty (re)insurer, today announces the appointment of Claire Wallace as Head of Marine Treaty,...
Find out more