ACE’s marine cargo policy provides cover against the risk of loss or damage to goods while in transit. We insure both traditional and non-traditional lines of cargo business from straightforward shipments to the carriage of complex cargoes. Our clients are typically involved in large infrastructure projects such as power stations, oil refineries, petrochemical plants and mining operations.
Product Highlights
The standard risks we cover under our marine cargo policy are:
· Theft, pilferage or hijack
· Transportation mistakes such as dropping or inappropriate handling
· Accident to the carrying conveyance eg. Vessel sinking, aircraft crash or vehicle fire
· Rain and salt water exposure
· Temperature variations
We are also able to offer extensions to our standard cover and optional cover may be provided for additional perils. We have the ability to offer clients a fully tailored service where they require a more specialised approach. This includes:
· Tailored policy wordings
· Structured programmes
· Global and local policy issuance
· Multinational premium collection and claims handling
· Global risk management solutions
Key Selling Points
· We are a market leader in marine insurance and offer a market leading marine cargo product
· The experience of our underwriters and claims handlers, backed by our global network, means that we can offer anything from straightforward standardised cover to sophisticated and customised programmes dependent on the client’s needs
· We offer clients excellent, value added services such as transportation risk management resources.