Benefits « Stock Throughput Insurance
Our relationships with underwriters on a 'Property-Marine' combined exposure basis allow us to achieve unparalleled pricing from major insurance carriers.
A unified seamless insurance product designed to eliminate gaps in coverage between transportation (marine cargo and inland freight) and inventory exposures.
Especially beneficial for supply chains with wind and earthquake exposure where capacity is expensive and in short supply, allowing for non-aggregated limits.
The marine cargo insurance market can provide substantially lower rates that traditional property insurance markets, thus enabling considerable premium savings.
The marine cargo insurance market allows for reduced deductibles for CAT (catastrophe) and non-CAT risks, and fixed rather than percentage deductibles can apply.
Loss values can be based on product selling prices providing an element of business interruption insurance that for single turn businesses can cover annual profit.