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Insuring your business is important to
Marine Cargo
Marine Cargo Insurance stands as a testament to the rich history of the insurance sector, marking the very origin of insurance itself. This insurance forms a reliable pact where the insurer pledges to indemnify the insured for any loss or damage to their goods or cargo during transit, whether by sea, air, road, or rail.
Who benefits from Marine Cargo Insurance?
- Importers and exporters
- Freight forwarders representing clients.
- Manufacturers
- Individuals and businesses involved in both local and international trade.
At the core of Marine Insurance are the Institute Cargo Clauses, monitored by the Joint Cargo Committee. These clauses evolve with modern trade, providing favorable terms that align with globally recognized standards:
Institute Cargo Clauses (A) 1.1.82 / 1.1.09
Institute Cargo Clauses (B) 1.1.82 / 1.1.09
Institute Cargo Clauses (C) 1.1.82 / 1.1.09
Including coverage for War & SRCC Risks 1.1.82 / 1.1.09
British Reserve Insurance Company offers extensive coverage for exports, imports, third port shipments, and goods in transit. We provide customized policies, including spot and annually renewable Marine Open Cover policies, to suit diverse business needs.
Please note, our coverage does not extend to countries where local insurance policies are obligatory or those under United Nations sanctions.
Hull Insurance
Hull Insurance is crucial for commercial vessels, providing vital protection against damage, loss, and liability while at sea. This coverage offers reassurance for businesses, ensuring financial security and safeguarding against unforeseen maritime risks. With Hull Insurance, commercial vessel owners can navigate with confidence, knowing their assets are well-protected on the water.
Who benefits from Hull Insurance?
- Shipowners
- Shipping Companies
- Vessel Operators
- Financial Institutions and Lenders
- Charterers
Overall, hull insurance plays a vital role in protecting the financial interests of those involved in the ownership, operation, and financing of vessels, as well as in facilitating the smooth operation of maritime trade and transportation.
Aviation
Aviation Insurance is indispensable for aircraft owners and operators, offering essential coverage against a wide range of risks and liabilities in the aviation industry. This specialized insurance provides confidence for businesses and individuals, ensuring financial security and protection against unforeseen events in the skies. With Aviation Insurance, aircraft owners and operators can fly with assurance, knowing that their assets and operations are protected against potential risks.
Who benefits from Hull Insurance?
- Aircraft Owners and Operators
- Airlines and Air Carriers
- Aircraft Manufacturers and Maintenance Providers
- Airport Operators and Service Providers
- General Aviation Operators
- Aviation Lenders and Lessors
- Governments and Regulatory Bodies
Overall, aviation insurance is essential for mitigating the diverse risks inherent in the aviation sector and plays a crucial role in ensuring the safety, financial security, and operational continuity of the industry's stakeholders.
Our reliable
reputation
138
Countries of operation
80+ Years
of regional expertise
95%
Claim settlement
BBB-
Strong issuer credit
B+
Solid financial rating
Why Select
British Reserve Insurance?
Personalized Risk Assessment
Utilize cutting-edge AI technology to provide customers with a highly personalized risk assessment, offering tailored plans that precisely match their unique needs.
24/7 Virtual Insurance Concierge
Offer round-the-clock support with a Virtual Insurance Concierge that can answer queries, assist in claims processing, and provide advice—all in real-time.
Fast-Track Claims Approval
Promise and deliver a rapid claims approval process, say within 24 hours, backed by transparent communication throughout the entire journey.
We're here to help you.
Contact one of our advisors to walk you through our insurance plans and help you make the right decision.
Get in touch with our team