Overview

Elevating Ocean Marine protection

Ocean Marine insurance provides critical insurance that protects supply chains and ensures smooth movement of raw materials and finished goods from creation to point of sale.

The AXIS US Ocean Marine team fashions tailored insurance programs for our brokers and customers, bringing a fresh approach to underwriting.

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Expertise – Dedicated to addressing the real-world issues and the dynamic changes in supply chains.

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Responsiveness – Our experienced, empowered team moves at the pace of now.

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Creativity – Out-of-the-box problem solving for some of the most complex risks.

Solutions

SOLUTION

Marine Cargo

Primary Cargo and Stock Throughput

Covering a company’s goods or inventory against physical loss or damage anywhere in the supply chain during transit or in storage.

Excess Cargo and Standalone Storage

Follow form coverage with higher liability limits covering a company’s good or inventory against physical loss or damage in the supply chain.

Shippers Interest and Logistics

  • Legal Liability (Contractual Liability)
  • Warehousemen’s Legal Liability
  • Errors & Omissions

Project Cargo and Trip Risk

Transportation insurance coverage for unique cargo such as power plant components, infrastructure, or other complex shipments.

SOLUTION

Marine Cargo

Primary Cargo and Stock Throughput

Covering a company’s goods or inventory against physical loss or damage anywhere in the supply chain during transit or in storage.

Excess Cargo and Standalone Storage

Follow form coverage with higher liability limits covering a company’s good or inventory against physical loss or damage in the supply chain.

Shippers Interest and Logistics

  • Legal Liability (Contractual Liability)
  • Warehousemen’s Legal Liability
  • Errors & Omissions

Project Cargo and Trip Risk

Transportation insurance coverage for unique cargo such as power plant components, infrastructure, or other complex shipments.

Target classes

  • Agriculture, food, beverage
  • Chemicals
  • Clothing and textiles
  • Construction materials
  • Distributors
  • Equipment and machinery
  • Importers and exporters
  • Manufacturers
  • Medical supplies
  • Metals
  • Military goods
  • OEM and finished products
  • Paper products
  • Petroleum products, plastics, rubber

Capabilities

  • AXIS provides up to $25 million in capacity for Marine Cargo risks
  • Flexible manuscript policy options including broker-specific forms
  • Seamless protection and compliance in local markets with customized global policy placements
  • Global risk engineering to mitigate losses and reduce supply chain disruptions

Contact US

Specialty Ocean Marine solutions at your fingertips

To learn more about how the AXIS Ocean Marine team can help you, contact Paul Boulos, Co-Head of Ocean Marine and Rob Ryan, Co-Head of Ocean Marine

Paul Boulos

Paul Boulos

Co-Head of Ocean Marine

Get in touch with Rob

Rob Ryan

Co-Head of Ocean Marine

Claims

We deliver on our promises

Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:

  • Quick decision making
  • Championing your needs
  • An honest approach

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Customers claims stories

Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.

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