For Traders/Producers

In retail, you work with many stakeholders every day, which exposes your business to many risks. We help you protect your business against inventory theft,
equipment breakdown or other unexpected events, can arrange covers for your cargo risks and liabilities arising out of your operations.
We offer the following insurance policies and broking services:

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.

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.

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.

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 reimburseds.

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.