Insurance Products

Global Markets Marine Cargo & Specie

With extensive knowledge of our international clients built on decades of marine underwriting experience, our specialist underwriters cover a diverse portfolio of marine classes, including Hull & Liability and Cargo & Specie.

Backed by Sompo’s exceptional financial strength, we offer significant capacity and underwrite business through our company platforms in the UK and Continental Europe.

Target Classes

Our Marine Cargo & Specie team is focused on multi-national manufacturing and industrial businesses with integrated risk and logistics management. Our major clients operate in a wide range of industry sectors:

  • Hi-Tech
  • Pharmaceutical
  • Machinery
  • Oil & Gas
  • Mining
  • Commodities
  • Financial Institutions – Vault Locations
  • Museums and Galleries
  • Wholesale Jewellers
  • Secure Logistics and Valuable Asset Management


Coverage Features

Cover is typically provided on an All Risks basis for international and domestic transit (including whilst in storage locations and at ports). Our policy program is designed to cover the whole exposure profile specific to each client’s requirements and is often dovetailed in conjunction with non-marine policies.

The following coverage is offered:

  • Hi-tech
  • Pharmaceutical
  • Machinery
  • Bulk Oil
  • Ores
  • General Specie
  • Fine Art
  • Jewellers Block
  • Cash-in-Transit
  • Cargo – $25M
  • Specie – $50M
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