Marine Insurance

What Marine Insurance offers

If you are involved in the movement of goods – either domestically or internationally – then you are forced to contend with a multiplicity of risks.

Moving cargo – whether by ship, road, air or rail – is laden with risks and poses a unique set of challenges for importers, exporters, professional hauliers, ship repairers, shipbuilders, charterers, project managers, financial institutions and stevedores alike.

Marine insurance exists to mitigate these risks. Hollard is one of South Africa’s leading insurance companies when it comes to sourcing and securing cargo insurance covers.

Our experienced specialist Hollard Marine team has the technical skills to analyse and assess the most complex shipping cases. This allows us to provide you, the insurance broker, and your customers with appropriate risk management advice and shipping insurance solutions for imports and exports of cargo, goods in transit and commercial hulls, as well as marine liabilities for ship repairers, charterers, shipbuilders and stevedores.

To keep costs to a minimum and an unparalleled focus on recoveries, we provide your customers with insurance that is tailored to their risk needs.

Products include:

•    Marine cargo policies for imports, exports and domestic transit.
•    Marine stock throughput.
•    Advanced loss of profits (ALOP) linked to the movement of cargo.
•    Marine legal liabilities, such as liability for the charterer, the stevedore, the shipbuilder and the ship repairer.