Our portfolio comprises all lines of insurance in order to financially cover the risks that may arise from the transportation, storage and handling of cargo around the globe. Risk analyses and coverage concepts tailored to our clients’ needs and profiles – these are the fields where we are at our best.
Hardly any product is used or consumed right at its place of manufacture. Between a given product’s point of origin and its final destination often lay long routes of transportation, and, sometimes, numerous stopovers for storage in transit and transshipment. Products subject to trading will turn into goods in the meantime. The perils goods are exposed to while in transit to their place of destination are covered via a cargo insurance which is taken out by the owners of such goods.
Anyone who transfers products as a trade on behalf of a third party will charge a “freight” in return for this service. However, if things turn out differently to what was originally planned, there will necessarily be a party who will be held liable and who will have to pay for the damage or loss incurred in the end. The party who assumes the task of transporting, storing, transhipping, and repacking third-party goods, or even a minor treatment thereof, will therefore take out a Freight Forwarder’s Liability Insurance to cover itself against any possible liability claims in this respect.
No matter whether we speak of sea-going or inland water vessels, trains, cranes, or any other vehicles, as well as containers, as any of those items constitute a major valuable asset they can be insured against numerous kinds of perils and risks. Hull insurance is a very complex field as this insurance concept comprises coverage for sea-going vessels, sailing yachts, or diesel locomotives alike.
Machinery, construction equipment, structures and other valuable technical elements exposed to risk can be insured against particular perils. Engineering insurance is similar to the concept of transport insurance in more than just one aspect. Therefore, combining engineering insurance with transport insurance will result in far-reaching insurance solutions that provide the necessary protection of the balance sheet of a project or an entire business.
Finding the right solution tailored to meet a special need - this is the kind of challenge we gladly accept. It is our specialty to find individual solutions in the versatile world of insurance lines, be it an accident insurance for crewing companies or combined insurance coverage for a combined heat and power plant (CHP). Let’s give it a try!