Cargo & Project Cargo

We provide cargo insurance for companies with a responsibility for transporting goods on either a domestic or global basis. Our team of underwriters work with clients to understand the risk and can tailor our product to suit the specific needs of your business. Classes of business we insure include:

• Cargo whilst in the ordinary course of transit 
• Stock throughput 
• Pre-launch 
• Project cargo and delay in start up

The growing team is based in London and can assist clients with their business across the world via Lloyd’s licensing rights.

Coverage is for physical loss or damage to goods whilst being transported by air, sea or land and can extend to include static risk based on Institute Cargo Clauses, American Clauses or equivalent.

We can offer cover to clients with a strong risk management and loss prevention measures, such as: 

- Manufacturers 

- Importers

- Exporters 

- Retailers 

- Distributors 

Coverage is available for:

(a)  Loss of Gross Profit following delay to the Scheduled Commercial Operations date; or

(b)  Fixed Costs and/or Debt Service following delay to the Scheduled Commercial Operations Date

(c)  Increased Cost of Working in conjunction with (a) or (b) 

Projects that may be within our risk appetite are:

• Renewables - Solar, Wind, BESS and Hydro plants
• Desalination plants
• Green Hydrogen plants
• Power generation non-renewable
• Downstream energy risks
• Pulp and Paper plants
• Rail, road and airport infrastructure risks

Note: We do not write risks for coal fired power plants and upstream energy risks or stand-alone DSU

Section 1 - Cargo

Project Principals

Financiers / Lending Institutions

Contractors and subcontractors

Section 2 - DSU 

Project principals

Financiers/ Lending institutions