General Cargo

Our global connections mean we can offer clients a range of specialist products covering a diversity of cargoes.  Our worldwide Marine Cargo policy provides cover for physical loss or damage caused to insured goods transported by land, sea, air or post.

Project Cargo & Delay in Start Up

Our team also specialises in larger, more complex cargo exposures.  We are experts in designing coverage for unconventional risks. We recognise that many clients’ profitability depends upon the safe delivery of their goods, so tailored risk management is integral to our approach.

Marine Delay in Start Up [DSU] relates to the consequential loss suffered by a business if an ocean, air or inland transit risk delays the start of a specified project.  As a delayed start-up will affect a project’s earnings capacity, this cover can be crucial. LIU is a leader in Marine Delay in Start Up risks and also harnesses our construction and liability capabilities to provide seamless coverage. Recent examples of projects insured include:

• Power Generation Plant
• Pulp & Paper Mill
• Steel Production Plant
• Light Rail Infrastructure
• Water Desalination Plant
• Mining

Marine Liabilities

Marine Liability insurance covers liability for property damage to a third party while engaged in marine related operations. This cover is available for:

• Logistics Operators Liability
• Port Authorities Liability
• Terminal Operators Liability
• Ship Repairers’ Legal Liability

 
Builders’ Risk
LIU offers Ship Builders’ insurance which covers loss of or damage to the hull and machinery of vessels under construction. Cover is also provided for loss of or damage to property belonging to others and for death or personal injury caused to third parties during construction.