Cargo insurance protects you from financial loss due to damaged or lost cargo. It pays you the amount you’re insured for if a covered event happens to your freight. And these covered events are usually natural disasters, vehicle accidents, cargo abandonment, customs rejection, acts of war, and piracy. Cargo insurance is like any other insurance – you’re protecting yourself for the day that the unexpected happens.
Our clients range from some of the world largest soft and biofuel trading and merchandising Groups.
Understanding Your Risks
Every day, globally thousands of goods move from point A to point B, which can be different sides of the world, traveling not only days, but months. Transporting goods around the world is not without certain risks. And if you’ve ever shipped something internationally, you realize just how many things could go wrong while goods are in transit or temporary storage. That’s where cargo insurance comes in.
We work with the customer from start to finish, combining our understanding of our client’s business and their objectives to create the most cost-effective risk transfer and business support solutions. We understand the business-specific risks of our clients and our job is to hedge them through insurance using our best knowledge. Our extensive transactional broking expertise and an international partner network allow us to find an insurance provider that can offer our client the most suitable conditions.
Providing Tailored Solutions
Our services include:
Our team will be your partner all the way. Especially when something unexpected happens:
Our bespoke insurance product provides All Risk cover, complemented by:
Creating Added Value
We have extensive experience across the whole range of physically traded commodities. Our key focus areas are:
Related Solutions
Trade Credit
Liability
Transportation & Logistics
Latest Insights
GrECo Annual Report 2021
Read about new GrECo clients, claims management successes and our plans for a more sustainable future in our publication Annual Report 2021.
Behind the Scenes of Successful Insurance Claims Management
Insurance claims management is our core business, especially when it comes to complex or major claims. In doing so, we strive to achieve successful results.
EVER GIVEN – One Year Later
The shipping accident in the Suez Canal has far-reaching consequences for supply chains. Ultimately, this also pushes transport insurance to its limits.
Kristo Ristikivi
Group Practice Leader Cargo
T+372 506 9809