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.
