For Logistics Providers

As a transport operator or forwarder your operations are effected in a multi-risk environment. From the general cargo liabilities to your responsibilities and assets in storage, or consolidation and truck broking, or benefits for your field staff, we provide you with a customized cover for your everyday needs.
We offer the following insurance policies and broking services:

Transport Operator Liability

Transport Operator Liability products cover specifically liability exposure of service providers such as liabilities for loss of or damage to cargo, arising from errors and omissions, or for fines. As the risks are complex, diverse and may differ from company to company we can provide tailor-made solutions.

Cargo Insurance

Cargo insurance can provide protection against all risks of physical loss or damage to freight from any external cause during transport by land, sea, rail or air or during storage. The scope of cover is determined by e.g. the nature of cargo, means of transport and location of storage.

Company Security Response cover

This cover is an extended cover including a K&R insurance but also criminal risks as product tampering or suspicious death, information risks such as cyber extortion, as well as detention, political or even terrorism risks.

Charterer’s Liability Insurance (CLI)

The Charterer’s Liability Insurance covers the vessel charterer’s legal and contractual obligations towards the vessel owner in accordance with the charter party. It responds as well to legal liabilities against third parties. The scope of cover maybe extended or reduced e.g. for legal liabilities as cargo owners as needed.

Freight, Demurrage and Defense (FD&D) Insurance

FD&D insurance covers legal and other costs incurred by shipowners, managers or charterers in establishing and defending claims which arise out of an event occurring during the period of insurance/entry. This insurance is usually combined with P&I or Charterer’s Liability cover.

Trading Delay (TD) Insurance

This insurance covers the loss of gross earnings and delay caused by shore or ship side perils as e.g. port and crew strikes, earthquake or by order of authorities like confiscation.

Commercial Property Insurance

Commercial property insurance covers damage to or loss of your company’s physical assets by fire, explosions, burst pipes, storms, theft and vandalism. Risks as earthquakes and floods may be added to the policy.

Personal Accident Insurance

This cover provides benefits to insured persons in case of permanent disablements caused by an accident. You may want to grant this extra benefit to field service personnel or other employees that are travelling for the company or are deployed in high risk areas.

Cyber Crime

The Cyber Crime cover is a combination of a commercial crime (or fidelity) and a cyber insurance. This policy covers financial losses due to theft, social engineering, extortion demands and the use of ransomware, network compromise as well as data breach. And costs incurred on defence and in mitigiation of loss are reimbursed.

Other

You haven’t found a solution for your situation or the cover you were looking for? We are happy to discuss your needs and arrange the cover you require in one of the several markets we have access to. Amongst others, we can offer Cyber Risks and Crime insurances.

To find out more about an insurance services or send an inquiry, please contact us.