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Marine cargo insurance is the oldest form of insurance in the world.
Cargo insurance insures property while in transit against loss or damage caused at sea - as well as associated land and inland waterways.
Loss or damage could be due to a range of risks such as dock strikes, rogue waves, heavy seas, loss of refrigeration or even earthquakes impacting containers on land.
You need marine cargo insurance if:
We can cover cargo moving anywhere in the world just once, or on an ongoing basis. You have the choice of:
In the speciality area of marine cargo insurance difficulty arises with pinpointing where responsibility passes between parties. We usually ask to review the terms of sale before a contract is signed, so we can assist with mitigating your risk even at an early stage. If this is not possible, we can structure your marine cargo insurance in such a way that it covers your risk under the agreed terms of sale.
Our marine specialist have over 40 years' experience with marine broking and underwriting, and extensive expertise in marine-affiliated policy. We maintain strong relationships with the Marina Operators Association (MOA) and look after many of the privately-owned marinas throughout New Zealand.
Our long-standing relationships, and our international connections through Gallagher, keep us up to date with changes in the marine industry, and enables us to secure market-leading cover for our clients.
With decades of experience in the industry, we understand how to get your domestic and international marine insurance sorted.