Allianz launches new cover for marine cargo risks

Allianz Insurance has launched a new, online marine cargo proposition designed for SMEs and mid-sized corporate businesses. Allianz’s Complete Cargo product provides cover for loss or damage to goods whilst in transit within the UK and to or from countries worldwide, as well as the option to include UK storage cover.

The new offering is available on Allianz’s e-trading platform QuoteSME and is supported by a team of dedicated marine underwriters. It is written on an All Risks basis, designed specifically to provide comprehensive cover that requires no specialist marine knowledge.

As well as being able to fully manage the policy online and having access to a dedicated certificate management system, Complete Cargo can be packaged with a wide range of other SME and mid corporate products.

As part of the launch, Allianz Global Corporate & Specialty (AGCS) has also enhanced its cargo product, AGCS Cargo. This provides more traditional cargo cover, based on Institute Cargo Clauses, and is designed for businesses with larger or more complex requirements, offering increased limits and further cover extensions.

Neil Clutterbuck, chief underwriting officer, Allianz Insurance, said, “Complete Cargo provides a comprehensive solution for a huge range of businesses, from importers and manufacturers through to suppliers and exporters. By working with AGCS, our two products provide Cargo insurance for SMEs right up to the largest international companies, with tailored solutions to suit their requirements.”

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