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.
Sentinel Marine Underwriters (SMU) is a specialty MGA dedicated to providing Ocean Marine insurance for a variety of insureds in the global manufacturing, trade and transit industry.
Every industry has exposure to cyber risks, including transportation and logistics. While these industries worked from paper and wheels for many years, now there are both internal and external networks that are critical to operating in this industry group. This article discusses the unique cyber risks facing the transportation and logistics sector, coverages to address these threats, and proactive cyber risk management tools.