Project Cargo and DSU Insurance
When materials or goods need to be moved from manufacturing to project site, specialist Project Cargo and Delay in Startup insurance becomes vital to protect your concern.
Our team specialises in all aspects of Marine Cargo insurance, structuring and placing cover for national and international movement of equipment, materials or goods.
It can be extended to cover the insured’s Advanced Loss of Profits or Delay in Startup penalties caused by physical loss or damage to project-critical or key items while in transit.
We can also provide excess stock inventory products either as a standalone policy or in conjunction with a Stockthroughput (STP) Programme.
Working closely with our colleagues in the Construction and Energy teams, you will benefit from a seamless and professional service meaning risks to project startup or completion will be contained.
This commitment also extends to claims, as our dedicated in-house claims team sits alongside our placing team so you can depend on a swift resolution should any issues arise.
Areas of expertise include:
- Delay in Startup/Advanced Loss of Profits cover
- Non-vitiation and Loss Lenders Clauses