MARINE CARGO

In many ways Cargo insurance helps make the world of international commerce turn. Without it, companies could not sustain or even grow their businesses.  Everyday different commodities and products are being moved and stored around the world in various ways, and in different phases of production. At Brit we recognize that not every Cargo risk is the same, even if it is the same commodity or industry segment. Whether it's a simple transit only policy for an importer, or a complex stock throughput program for a retail manufacturer - we listen and try to understand a company's strategy.  Knowing the risk management philosophy, carrier selection process, logistical supply chain, etc. all play into our risk selection process, and allows us to tailor coverage to match the specifics needs of our insureds. We value interaction and feedback with our insureds - not to hinder their business, but to help optimize it. Cargo insurance should not just be viewed as yet another expense on the balance sheet, but as a tool that provides piece of mind while helping to facilitate the achievement of their operational objectives.

With $30m in capacity and a flat organizational structure, our underwriters have the autonomy to make decisions quickly and efficiently, which allows us to be nimble in the market so we can react to new opportunities and challenges.  We have a broad risk appetite, because we know each risk stands on its own merits.  The result is individually tailored terms and conditions for not only transit risks, but also to include static risk exposures if required.   We are owned by Fairfax Financial Holdings Limited and write on behalf of Brit Syndicate 2987 using Admitted Paper in the U.S. under the name National Specialty Insurance Company with a financial strength rating of AM Best "A" (Excellent).

Target Segments

  • Importers / Exporters
  • Bulk Traders
  • Manufacturers
  • Distributors
  • Wholesalers
  • Freight Forwarders
  • Logistics Companies

Prohibited Classes

  • Jeweller’s Block
  • Fine Arts / Specie
  • Cash In Transit 

Capacity

Up to

  • $30m

    Line size is dependent on risk profile and limits required

U.S. Admitted Paper

  • National Specialty Insurance Company

Claims Handling

In the event of a claim please immediately notify WK Webster via the Brit Claimant Portal or call them on 212. 269. 8220 

OUR UNDERWRITERS ARE PASSIONATE ABOUT THE CARGO INSURANCE BUSINESS.  WITH A COMBINED AND VARIED EXPERIENCE OF OVER 50 YEARS IN THE BUSINESS, OUR DEPTH AND BREADTH OF KNOWLEDGE ALLOWS US TO QUICKLY ASSESS RISKS AND PROVIDE VIABLE SOLUTIONS, WITH AN EYE ALWAYS ON FINDING POTENTIAL NEW WAYS TO APPROACH AND DESIGN A PROGRAM THAT WORKS FOR ALL PARTIES.

Thomas G. Carroll, Senior Vice President, Marine