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Reading the risk
For: Marine and cargo
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What underwriters will focus on
Marine and cargo enquiry, with insufficient detail to distinguish cargo-only cover from wider marine exposures. Underwriters will focus on the goods, voyage territories, maximum shipment and storage values, packing and loss history.
Where to start
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Pelagos Insurance Capital Underwriting Limited Source
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We found 85 UK markets that write marine and cargo: 23 insurers, 45 MGAs and 17 Lloyd's markets. Commonly listed: Fiducia, Navium Marine.
Marine splits into cargo, hull and liability, each underwritten differently. Cargo depends on commodity, packing, routes and annual sendings, while hull and liability turn on vessel age, surveys, use and crew.
marine cargo, hull and machinery, marine liability, freight insurance
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