Transportation & Logistics

Industry-Specific Knowledge Insurance Solutions Recommended

Industry-Specific Knowledge

The Transportation & Logistics industry is a vital component of the global economy, connecting people, goods, and services across the globe. At IIB, we understand the complex and dynamic nature of this industry, and we're committed to providing tailored insurance solutions that meet the unique needs of your business.

Our team has extensive knowledge of the industry's nuances, including:
- Road and highway transportation
- Rail and freight transportation
- Air cargo and logistics
- Maritime and ports operations
- Warehouse and storage management

Insurance Solutions Recommended

Marine Hull Insurance

This policy covers damage, loss, or theft of a vessel, providing protection against physical risks. It also covers liability for third-party claims, ensuring that the vessel owner is protected from unforeseen events.

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War & Special War Risks

This policy covers risks associated with war, terrorism, and political instability. It provides protection against damage, loss, or theft of a vessel, as well as liability for third-party claims

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Ship repairers liability insurance

This policy provides coverage for ship repair services, including liability for damage or injury caused by repair services. It ensures that ship repairers are protected from unforeseen events and financial losses.

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Logistic Liability

This policy covers risks associated with logistics operations, including damage, loss, or delay of goods in transit. It also covers liability for third-party claims, ensuring that logistics operators are protected from unforeseen events.

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Terminal Operator Liability

This policy provides coverage for terminal operations and services, including liability for damage or injury caused by terminal operations. It ensures that terminal operators are protected from unforeseen events and financial losses.

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Terminal PDBI

This policy covers property damage and business interruption at terminals. It provides protection against damage to property and equipment, as well as losses resulting from business interruption.

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Cargo Annual

This policy provides annual coverage for Cargo Insurance

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Cargo Insurance (CI)

Covers the risk of loss or damage to goods during transit, storage, or warehousing. It provides financial protection against theft, fire, water damage, and other perils.

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Directors and Officers Liability Insurance (D&O)

Covers individual Director against E&O and wrongful acts claims, either alleged or actual, arising from their civil liability under the duties of a director, manager or supervisor

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Builder's Risk Insurance

This policy covers the risks associated with the construction of a vessel, including damage, loss, or delay. It provides protection against unforeseen events that may occur during the construction phase, ensuring that the builder and owner are protected from financial losses.

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Protection and Indemnity (P&I)

Covers vessel owners against liability for damage to third-party vessels, property, and people. It provides financial protection against claims, damages, and settlements. Required by charterers, lenders, and stakeholders, it protects assets and reputation.

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Transportation & Logistics

Industry-Specific Knowledge

Insurance Solutions Recommended

Marine Hull Insurance

War & Special War Risks

Ship repairers liability insurance

Logistic Liability

Terminal Operator Liability

Terminal PDBI

Cargo Annual

Cargo Insurance (CI)

Directors and Officers Liability Insurance (D&O)

Builder's Risk Insurance

Protection and Indemnity (P&I)

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