AXIS CANADA - OCEAN MARINE
Cargo appetite and target classes
Class of risk
Marine Cargo is a critical insurance product that protects supply chains and ensures smooth movement of raw materials and finished goods from their creation to point of sale.
AXIS has a robust risk appetite for primary and excess marine cargo risks. With a deep understanding of dynamic ocean marine cargo risks and prowess in handling complex cargos, we are dedicated to tackling both the everyday and unique challenges faced by stakeholders of the supply chain.
AXIS underwrites marine cargo risks including the below with limits up to $25,000,000 CAD/USD available
- Open Cargo Programs
- Project Cargo
- Warehousemen’s Legal Liability
- Errors and Omissions
- Shippers Interest
- Freight Forwarders
- NVOCCs
- Charterers Legal Liability
Target Risk
- Canadian-owned and operated marine businesses
- Insureds with:
- 5+ years operating history
- Strong loss experience
- Long-term broker relationships and portfolio opportunities
- Federal, provincial, and municipal governments shipments
Product information is for descriptive purposes only, does not provide a complete summary of coverage, and is intended for use by licensed insurance producers. For our financial strength, individual insurance company ratings, and regulatory disclosures by jurisdiction, visit: https://www.axiscapital.com/product-information.
