UIB MARINE CARGO & TRANSPORTATION

Marine Insurance has a rich history and is considered widely as being the earliest developed form of insurance. Today marine insurance is no less vital to ship and cargo owners as it was to the shipping communities and traders of the distant past; risk and challenges remain for those transporting and trading the tens of billions of tons of goods that cross our oceans annually.

UIB Marine offers (re)insurance protection to support businesses throughout the maritime industry and cargo owners whose goods are conveyed and stored around the world. We pride ourselves in having a no nonsense, professional, and joined up approach that is cost effective and client centred.

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Our focus does not stop once the (re)insurance policy has been arranged – we pride ourselves in providing a service throughout the lifetime of the (re)insurance contract and the association with our client. We ensure that the issuance of all documentation is prompt and in the event of a claim a comprehensive level of support and assistance is immediately available.

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WHY UIB MARINE CARGO

Customer centric
Because every client’s situation is different we work closely with each one to fully apprehend how they and their business’ operate. We blend our skill sets, knowledge and market-leading expertise to design a tailor-made product that is fit for purpose.

Service excellence
Our uniquely transparent, timely and reliable approach to servicing clients is rewarded year on year with an extremely high level of client retention. We are accessible, responsive, empowered, flexible and experts in what we do.

In-house claims management
Claims management is fully and pro-actively handled by our in-house Marine Claims team. This enhances our understanding of how our clients’ business works and ensures a seamless service with the aim to facilitate prompt and efficient claims settlement.

Market knowledge
We have strong, long-standing, close and well established relationships with global (re)insurers and particularly the Lloyd’s market in London. We work with those who have the appetite to write essential, complex and critical risks.

Client-specific insurance programmes
The Marine Cargo division works closely with clients to design insurance programmes that align with their particular situation and perfectly meet their needs. Because every client’s situation is different the Marine Cargo division has built a reputation for excellence around a blend of skills, knowledge and market-leading expertise to meet our clients’ unique requirements with tailor-made policy wordings.

Training
We offer bespoke training for all of our clients, tailored to the experience and needs of the delegate. We can include an introduction to Lloyd’s and the marine insurance market along with an overview  of compliance, regulation, marketing, placing risks, account handling and an insight into the work of marine lawyers, loss adjusters, surveyors and other maritime experts.

WHAT WE DO / TARGET RISKS

WHAT WE DO

Our client specific (re)insurance programmes can be designed for all types of commodities, goods and merchandise industry wide including:

  • Agricultural
  • Chemical
  • Construction
  • Food and Beverage
  • Manufacturing
  • Mining
  • Motor
  • Oil and Energy
  • Livestock and Aquaculture

Specifically created to reflect both the industry and our clients’ activities, covers range from the broadest form of “all risks” through to named perils covers when required. Examples include:

  • Project Cargo “Comprehensive broad form” including Consequential Loss / Delay in Start Up (DSU).
  • Food, beverage and perishable products with cover extensions for contamination and deterioration.
  • Excess Stock for all types of goods and merchandise.
  • “Oil and Gas” cargo covers including extensions for Guaranteed Outturn (GOT) and Contamination howsoever arising.
  • Stock Throughput
  • Traders covers for all commodities
  • Wrap around Political Violence (War, War on Land, Strikes riots and civil commotions)
  • Confiscation Nationalisation Depravation and Expropriation (CEND)

WHO WE SERVICE

Our client base reflects the global scale and scope of the marine industry. The UIB Marine Cargo team cover all aspects of cargo in transit and store and therefore provides risk solutions for:

Construction companies

Energy industries

Manufacturing companies

Trading Houses

Banking sector / Finance houses

Food industries

Specialist Logistics companies

Oil and Energy industries

CONTACT US

To learn how our Cargo team’s expertise can benefit you, please contact any of the below:

Andrew Little

Managing Director – Head of Marine
E: andrew.little@uib.co.uk
T: +44 (0)20 7264 1617

Mark Homans

Managing Director – Marine Cargo
E: mark.homans@uib.co.uk
T: +44 (0)20 7264 1624

Philip Levers

Regional Managing Director, North America
E: philip.levers@uib.co.uk
T: +44 (0)20 7264 1639