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Marine insurance

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Marine cargo insurance

Cargo insurance can protect goods in transit against loss or damage caused at sea - as well as associated land and inland waterways.

Property loss or damage could result from a range of risks, such as dock strikes, rogue waves, heavy seas, loss of refrigeration, or even earthquakes impacting containers on land.

Who needs marine cargo insurance?

You need marine cargo insurance if:

  • You ship cargo overseas or in New Zealand and risk intentional or accidental loss or damaged products.
  • You could be held responsible for your cargo shipment causing damage to others.
  • You suffer a loss of profit related to an event covered by a policy extension.

Marine cargo insurance options

We can cover cargo moving anywhere in the world as a one-off or on an ongoing basis. You can insure your goods with one of two types of marine insurance products, depending on your situation:

  • Marine open cover covers all shipments undertaken annually in New Zealand, internationally, or both.
  • Individual marine insurance policies are taken for a single transit or infrequent shipments.

Understanding responsibility between parties can be complex from a risk perspective. Our New Zealand brokers can help review the terms of sale from an insurance point of view before a contract is signed.

Help with marine insurance

Our marine business specialists have experience with marine broking and underwriting. We maintain strong relationships with the Marina Operators Association (MOA) and help many of New Zealand’s privately-owned marinas arrange their insurance.

As one of New Zealand’s largest insurance brokers, our size helps us to negotiate competitive premiums, benefits and conditions for clients transporting goods in the marine cargo industry. We can also leverage our international connections when needed.

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New Zealand marine insurance specialists

Our experienced marine insurance brokers are here to provide advice and solutions to all small-medium and corporate businesses moving goods in the New Zealand marine industry, including terminal operators, logistics companies and freight forwarders.

Contact us