‘Perceptive Underwriting’

Summary

Nexus Marine (formerly known as Beacon Underwriters) can provide lead quotes, or support other leaders’ quotes, for cargo insurance on world-wide basis whether carriage is by sea, land or air. Each quote is individually tailored to address the various risks of a particular insured. The cover is devised so that the insured has a ‘sleep easy’ solution that their bankers are also happy with.
Nexus Marine can also write lines of up to 100% and issue Lloyd’s insurance certificates.

Product Overview

Cargo

cargo
Nexus Marine can provide lead quotes, or support other leaders’ quotes, for cargo insurance on world-wide basis whether carriage is by sea, land or air. Each quote is individually tailored to address the various risks of a particular insured. The cover is devised so that the insured has a ‘sleep easy’ solution that their bankers are also happy with. Nexus Marine can also write lines of up to 100% and issue Lloyd’s insurance certificates.

Marine Equipment & Cash on Board


Nexus Marine can insure a charterer’s cash or machinery and equipment carried on a vessel. These are generally not covered under the vessel’s hull and machinery insurances.

Guaranteed Outturn


Cargo covers for the bulk trades, especially liquid cargoes, can be extended to cover losses and contamination howsoever arising in excess of normal shortage. This covers losses classed as paper losses, since the cause of loss is not apparent or cannot be identified.

Stock Throughput Covers


Nexus Marine can insure logistics and storage risks associated with cargo movements under a single Stock Throughput policy. A good example of this would be garment manufacturers in Asia who supply ready-made garments to large stores in Europe or America on just-in-time basis.

War & Strikes Risks


Standard Marine clauses exclude War and Strikes risks. These can be insured as an extension to the standard Cargo cover.


CONTACT

Dr. Ravi SHROFF

Dr. Ravi SHROFF

M.D. Beacon Underwriters Ltd

T: +852 2535 8388
E: rshroff@nexusunderwriting.asia