Transport & Logistics Liability

 

Beazley Marine’s Transport & Logistics Operator insurance protects companies involved in the movement of cargo against legal liabilities arising out of the conduct of their business. The categories of insurance provided on a primary and subscription basis are as follows:

 

Target

Offered to transportation and logistics providers involved in the carriage, handling or storage of customer’s cargo including:

  • Freight forwarders
  • NVOCC
  • Multimodal transport operators
  • Logistics operators
  • Rail freight/stack train operators
  • Warehouse operators
  • Customs brokers

 

Scope of cover

Cover will normally include:

  • Loss or damage to cargo
  • Errors and omissions
  • Third party liabilities
  • Fines, penalties and duty
  • General average and salvage guarantees and contributions
  • On-forwarding costs
  • Consequential losses
  • Pollution
  • Legal costs and defence expenses

 

Limits

Up to US $20,000,000

 

Territories

Worldwide