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Insurance coverage for your cargo from start to finish.
Markel offers insurance protection for your cargo throughout the global supply chain with specialized underwriting solutions and responsive claims service.
Wherever your cargo goes, our insurance protection can follow.
Markel’s ocean cargo insurance can help offer end-to-end insurance protection for your shipments, whether by land, air or sea. Our policies are thoughtfully crafted to address the unique needs of US-based importers and exporters, delivering robust, customizable coverage that can extend from the point of origin to the final destination.
Why do you need ocean cargo insurance?
Today's supply chains are more complex than ever. Cargo exposures extend beyond ocean transit and can arise during domestic transportation, warehousing, temporary storage, and distribution.
Ocean cargo insurance offers coverage for goods throughout the supply chain and can provide broader protection than the limited liability typically assumed by carriers, freight forwarders, and other transportation providers. It may also assist with regulation compliance.
With ocean cargo insurance, you can ship confidently, knowing your goods have insurance protection throughout their journey, so you can focus on growing your business.
What we offer
Markel offers ocean cargo insurance for many different businesses, including but not limited to:
- Ocean cargo
- Domestic transit
- Stock throughput
- Warehouse storage
- Imports and exports
- Contingent cargo
- Exhibitions and trade shows
Property
Insurance protection against physical loss or damage from covered risks such as theft, water and fire.
Liability
May cover legal costs arising from damage to third-party property caused by the cargo.
General average
Helps offer insurance protection for parties with a vested interest in the voyage to share the costs associated with losses incurred while protecting the ship and remaining cargo during an emergency.
Salvage charge expense
May help recoup costs related to retrieving and storing damaged cargo after a shipping incident, including recovery, storage and transportation fees.
Strikes, riots and civil commotion (SRCC)
Optional coverage that may cover losses for such things as strikes, riots, lockouts and vandalism.
War risk coverage
Available as a separate companion transit policy and offers additional insurance protection against losses due to war.
Coverage with a trusted, domestic insurer
When you rely on a foreign supplier to arrange insurance, you may have little control over the coverage terms, conditions or pricing, often placed with an overseas insurer unfamiliar with your business. With a policy from Markel, you will have support from a team that knows you and your business needs.
Reliable claims service
In the event of a loss, you simply report your claim to us, and we handle the rest—without language barriers or time zone delays. Expect the high level of claims support you rely on for all your insurance needs.
We're here to help you protect your business and its future.
Markel is dedicated to the marine industry, proudly serving this market for over 35 years. We are committed to delivering exceptional customer service, innovative insurance solutions, proactive risk control support, and a quality claims experience.
Related insurance solutions
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Ocean marine
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Inland marine
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International marine offerings
International cargo, hull and war, and marine liability coverage options.