ASM Logistics provides
comprehensive Marine

Insurance Solutions

Working closely with Santova Financial Services, our independent insurance
brokerage in South Africa, ASM Logistics is able to offer customers
comprehensive tailor-made marine insurance solutions.

Marine Insurance Solutions

Partnering with independent insurance brokers

ASM Logistics understand the importance of safeguarding your cargo against unforeseen risks during transit. Our tailored marine insurance solutions provide a blanket of protection, ensuring that your goods are covered against potential damages, losses, or accidents at sea.

With transparent policies and quick claims processing through Santova Financial Services, we prioritize your peace of mind, allowing you to focus on your business while we handle the complexities of logistics risk management.

The insurance opportunities include:

Annual Marine Cargo Policy

An annual premium is established on the estimated value of shipments over the next underwriting period. On expiry, the Insured declares the actual shipment volumes. It is the easiest and most convenient way to cover the insured’s import and export risks.

Single Marine Policy (once-off)

This is once-off insurance coverage for import or export shipments as well as Goods in Transit single shipments. Companies use this solution when shipping volumes are low.

Open Marine Policy

This allows clients to make periodic declarations of shipments (e.g. monthly/ quarterly/annually) with premium payable on each declaration made.

Throughput Policy

This policy is used to comprehensively cover the goods whilst being shipped, in transit and in storage until delivery to final destination. This end-to-end solution often produces a significant premium saving and will also avoid gaps in cover between the marine risk and the static risk.