Cargo/Transit & Cargo Stock Throughput

Admitted cargo insurance coverage for global trade and transit risks.
Cargo Ship

Does your insured’s business import or export its products? Do they source raw materials or distribute/sell manufactured goods overseas? If you answered “yes” to either of these questions, Marine Cargo insurance should be considered as an integral component of your client’s business stability strategy.  

Billions of dollars of goods and merchandise are shipped around the world each year, resulting in high-risk cargo exposures.

These risks aren’t limited to one industry, but can span many industries, including manufacturing, distribution, healthcare, energy, construction and technology. Marine Cargo insurance covers physical loss and/or damage of goods while in transit between the point of origin through the final delivery.

Amwins Specialty Logistics Underwriters  is dedicated to providing Ocean Marine insurance for a variety of insureds in the global manufacturing, trade and transit industry. 


Target Clients

  • Importers and exporters
  • Manufacturers 
  • Wholesalers
  • Retailers
  • Multi-national companies
  • Business-to-business internet sales
 

Types of Cargo Programs and Risks We Cover 

  • Worldwide cargo/transit
  • Global stock throughput (transit and inventory)
  • Project cargo
  • Ability to write as primary or excess, single carrier or quota share
 

    Why Choose ASLU?

    • Our seasoned underwriters have decades of experience and expertise in Marine insurance, which positions us as trusted advisors to our retail partners.  
    • We offer a very broad underwriting appetite with the ability to provide custom solutions on a per risk basis. Our policy is designed to be flexible and offers global risk control capabilities. 
    • We differentiate ourselves from other MGAs by offering our coverage on U.S. Admitted paper. This provides many benefits for agents and insureds, including no surplus lines taxes and faster claims handling. 
    • In the event a claim does arise, ASLU has a global marine claims network via our partnership with W K Webster & Co as well as complex claims advocacy through Amwins, the nation’s largest independent wholesale distributor of specialty insurance products. As an Amwins Company, ASLU has access to the complete tools and resources of the firm.

     

     Need a per-load cargo solution that keeps up with the speed of business? Check out what we can do thanks to our partnership with Loadsure. 

      Cargo Insurance Program
      Key details

      Availability

      This program is available in all states

       

      Limits

      $15M (cargo capacity for conveyance and storage locations)

       

      Minimum premium

      $5,000

       

      Carrier

      • A.M. Best "A" rated
      • Admitted

      Submission requirements

      • Completed ASLU application
      • Five-year loss history

      Contact Us

      Samuel Chung
      Vice President
      Amwins Specialty Logistics Underwriters - New York City, NY
      212.858.8969 samuel.chung@amwins.com

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