Every Shipment is a Valuable Investment
With a focus on reliability, efficiency, and comprehensive coverage, we’re here to safeguard your cargo journey from start to finish.
About Us
Ready to ensure your cargo with the best in the business? It’s simple. Just provide us with some basic information, and our team will tailor a cargo insurance plan that aligns with your requirements.
Bob Pearson
Executive Managing Director
Bob has been matching clients with insurance products for 45 years. As an experienced insurance director, broker, and program manager, he has unmatched experience catering coverage to specific needs of the client. Bob started writing ocean cargo insurance in 1999 and has been a respected expert, speaker and risk consultant. This experience was paramount in the creation of the Cargo Protect insurance program.
Will Colton
Managing Director
As the Senior Managing Director of CargoProtect, Will Colton is always focused on meeting the needs of the client. Will is a 20-year insurance sales professional with expertise in niche-based insurance products and has built a career focused on specialized insurance solutions. Through countless speaking engagements, meetings, conferences, prospecting calls, and client meetings, he has shared his knowledge concerning insurance and risk management and has proven himself to be an effective sales and networking professional.
Who We Insure
- Freight Forwarders and NVOCC’s
- Cargo Owners
- Manufacturers
- Cargo Exporters/Importers
What We Insure
General Cargo (Packed)
- Break Bulk Cargo
- Barrels
- Bags
- Pallets
- Drums
- Crates
- Boxes
- Neo Bulk Cargo
- Lumber
- Steel
- Paper
- Trucks
- Cars
- Unitized Cargo Container
Bulk Cargo (Unpacked)
- Liquid Bulk
- Gasoline
- LNG
- Petroleum
- Chemicals
- Juice
- Wine
- Dry Bulk
- Grain
- Coal
- Iron Ore
- Cement
- Bauxite
Security
Our policies are underwritten utilizing insurers with a minimum A- (Excellent) rating according to AM Best.
The particular security for your policy will be clearly stipulated in our documentation for your peace of mind.
Products
Cargo Online Facility
CargoProtect gives you access to an online facility that allows our approved partners to bind cargo insurance 24/7. Partners will have the ability to generate instant quotes, issue certificates immediately, and submit claims through a dedicated website.
Annual Cargo Insurance
Annual cargo insurance provides protection for goods and merchandise being transported by various modes of transportation throughout a 12-month policy period. It may be preferable and more economical to insure your cargo on an annual basis. This happens when the client has the same range of cargo interests and values within a sum insured range. Not only can this be more economical, but it also allows certainty for the annual period that all shipments are automatically insured under the same terms.
Facultative Cargo Insurance
Facultative cargo insurance is a type of insurance that provides coverage for a single shipment or a specific cargo consignment. When a client has varied shipment types and values, it may be preferable to arrange insurance on a facultative basis. Depending on the range of cargo being handled, it can be possible to use the Online Facility to quote and bind cargo placements on pre agreed terms and rates.
Project Cargo
Project cargo insurance is designed to protect businesses and individuals against the unique risks. Project cargo refers to shipments that are not easily categorized as standard cargo due to their size, weight, value, or specialized nature. These shipments are typically part of large-scale construction, infrastructure, or industrial projects. Specialty underwriting is available for risks that fall outside the annual policy and general cargo risk appetites.
Delay in Start Up
Delay in Start-Up (DSU) insurance is a specialized type of insurance coverage designed to protect businesses against financial losses incurred due to project delays that result from covered perils. This type of insurance is often used in conjunction with construction and engineering projects, where any delays in the completion and start-up of the project can lead to significant financial consequences.
Stock Throughput
Stock Throughput Insurance (STP) is a specialized type of insurance coverage that provides comprehensive protection for goods and merchandise throughout their entire journey from the point of origin to the final destination. This type of insurance is particularly beneficial for businesses engaged in international trade, as it covers goods at every stage of the supply chain, including during storage, transit, and warehousing.
Key Features of STP
- All Risk Coverage
- Full Supply Chain Protection
- Cost Effectiveness
- Claims Simplicity
- Customizable Coverage
Businesses involved in international trade, especially those with substantial imports, exports, or extensive supply chains, can benefit significantly from Stock Throughput Insurance. It helps mitigate financial risks associated with the transportation and storage of goods, providing peace of mind and allowing companies to focus on their core operations. However, as with any insurance, it is essential for businesses to carefully assess their needs and work with experienced insurance providers to ensure adequate and appropriate coverage.
