Transporters Goods in Transit Insurance
Terra Marine
Terra Marine was founded in March 2020, just as the world slowed to a near halt due to the onset of the COVID-19 pandemic. Although still a young company, Terra Marine started as a result of Osprey Underwriting Managers need for a niche Marine Department. The division is run by Colin Moodley and an intimate panel of associate specialists, which brings 50 years of collective industry experience under one roof, and over 40 years combined in Marine Underwriting specifically.
Underpinned by a passion for Marine Cargo Insurance, Terra Marine offer the following innovative solutions:
Transporters Goods in Transit Insurance
This tailor-made product if for transporters who are moving goods from one place to another. These transporters require specific insurance cover whilst the goods are in their care, custody and control. The policy covers various perils like fire, collision, overturning, theft and hijacking.
Marine Cargo Insurance
Marine cargo insurance covers physical loss or damage whilst the goods are on the move either by sea, air, road or rail. This class of property insurance has existed over centuries and includes cover for imports, exports and transits.
Stock Throughput
A stock throughput policy is a tailor-made marine insurance policy that offers end-to-end cover by insuring the goods throughout the supply chain from production to final destination. One of the main benefits of a stock throughput policy is that it is a seamless policy with no gaps in cover.