Sompo Marine offers a dedicated Logistics underwriting practice, bringing cargo, liability, and operational risk expertise together under one coordinated team. Rather than navigating multiple underwriting groups, logistics clients work with a single, consistent practice guiding clients through the full supply chain.
Why choose Sompo Ocean Marine Logistics Solutions?
Operating in an increasingly complex global environment, logistics providers face evolving risk exposures. Sompo delivers Marine solutions designed to help manage cargo, liability, and operational risks across shipments.
- Built for logistics risk
- Our underwriting approach is designed specifically for logistics providers operating across complex, global supply chains.
- Cargo and liability expertise
- We help manage cargo, liability, and operational exposures throughout the movement of goods.
- Global perspective, coordinated execution
- Our solutions reflect the realities of cross-border shipments and interconnected supply chain operations.
- Dedicated underwriting support
- Clients work with a focused Ocean Marine Logistics team that understands the evolving risks logistics providers face.
With a focus on comprehensive, proactive solutions, we collaborate closely with our clients to ensure that their risk management strategies align with their operational and financial objectives. Whether navigating complex marine claims or seeking tailored coverage for specific Ocean Marine risks, Sompo will be by your side every step of the way, providing peace of mind and enhanced financial security.
“The rapidly evolving logistics industry presents increasingly complex risk exposures. To meet this challenge, we’ve developed a flexible, end-to-end solution that adapts to the diverse needs of supply chain operators. By working with one dedicated Logistics team, clients benefit from consistent underwriting, clear appetite, and solutions that reflect the full scope of risk across the supply chain.”
Garrett Weston
VP, Ocean Marine
What we cover
Our target classes
(includes but not limited to)
- Freight brokers and freight forwarders
- Third-party logistics providers (3PLs)
- Multi-modal operators
- Customs brokers
- NVOCCs
- Indirect air carriers
- Motor carriers
- Warehouse operators
- Terminal operators
- Drayage operations
- Shared economy logistics providers
Our capacity
Up to $25M
Our underwriting capabilities
- Comprehensive international cargo liability coverage while goods are in transit, whether in the insured’s possession or that of a third-party carrier
- Warehouse legal liability while cargo is in storage
- Errors & Omissions coverage
- Shipper’s interest coverage
- Trailer physical damage
- Inland Marine and related property supplementary coverages:
- Contractors’ equipment
- Auto physical damage
- Real property
Multinational Capabilities
Offers companies with business operations in multiple countries an industry-leading platform for managing cargo with inventory exposures. Leveraging the licensing capabilities of Sompo companies worldwide and a growing network of third-party partners, our multinational platform delivers a seamless, consistent approach to securing comprehensive coverage that complies with local regulations in over 150 countries.
Find out more about our multinational capabilities
US Asian Risk Solutions
With a collaborative approach and empowered underwriters, US Asian Risk Solutions provides fully serviced standard admitted Ocean Marine coverages to our Japanese and South Korean clients with operations in the US, Mexico, and Canada. Beyond our commitment to disciplined and responsive underwriting, we offer each client robust claims support, tailored loss control services specific to marine risks, and superior policy processing to address the unique complexities of Ocean Marine exposures.
Find out more about our US Asian Risk Solutions
Claims Excellence
Sompo is committed to providing outstanding claims service for all Ocean Marine coverages, delivering:
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- Fair and appropriate outcomes for our insureds, tailored to the unique challenges of marine risks.
- Efficient service, timely responses, and fast payment of agreed claims to minimize disruptions in operations.
- Value-added expertise from product and industry specialists with deep knowledge of Ocean Marine exposures. We achieve this by integrating our claims team into the underwriting process and aligning our claims professionals with each Ocean Marine product line and geographic region.