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Logistics Insurance

shipping containers in dock
OVERVIEW

Chubb’s logistics insurance solutions are tailored to meet the protection needs of the freight and logistics industry.

We offer liability insurance solutions to transport operators of all sizes, from smaller freight forwarders to larger logistics companies, as well as last mile delivery and courier services. 

Additionally, we offer single transit insurance for intermediaries in the logistics industry to integrate into the freight movement process.

LOGISTIC INSURANCE COVER

Who it's for

1. Freight Forwarders

2. Logistics Companies

3. Moving Service Companies

4. Road Transport Operators

5. Last Mile Delivery and Courier Services

What it covers

  • Physical and/or accidental loss or damage to cargo during transit.
  • Legal or contractual liability claims made against the business, providing financial security for transport operators’ daily operations.
  • Legal liability arising from freight property damage, including both physical damage to the goods and financial loss experienced by the owner of the freight.
  • Civil liability arising from a wrongful act in the performance of the transport operator’s services.
COVERAGE
COVERAGE

A marine insurance product designed to simplify coverage by grouping cargo types based on their level and type of risk with internationally recognised Institute Clauses standard coverage.

Single transit insurance for accidental loss, theft, damage or destruction while being transported by a transport operator. It also includes additional coverage for the reasonable cost of repairing the damaged items and replacement cost where the property is lost, stolen or destroyed.

This product is designed for insurance coverage needs through logistics and marketplace platforms.

Relocation Insurance provides comprehensive all-risk coverage for goods and property against:

  • Loss, theft, destruction, or damage during transit.
  • Coverage every stage of the transportation process, from the pickup to the final destination (door-to-door), including up to 90 days of storage.
  • Offers special coverage for check-in items, hand-carried belongings, nominated storage, and situations involving delayed unpacking or discovery.

Learn more

Comprehensive solution that insures freight businesses from a series of liabilities arising from wrongful act of freight company, such as : carrier liability, errors & omissions, breaches of regulations and third-party liability. 

Main Benefits

A. Freight Liability

Provides compensation to the Insured against all amounts constituting the legal responsibility of the Insured for Compensation on Cargo Property Loss, arising due to an incident in connection with the Insured Services.

B. Professional Indemnity

Providing compensation for loss resulting from any claim for civil liability arising out of any Wrongful Act committed during the conduct of the Insured Services. 

 

Automatic Extension

A. For Freight Liability

Defense Cost, General Loss and Salvage, Mitigation Cost and Fees, Debris Disposal Cost and Clean-up Costs as well as Restricted Cargo

B. For Professional Indemnity

Legal representation during investigation, More than One Cause of Loss, Emergency Defense Costs, Emergency Legal Representation Expenses, Advance Payment of Defense Cost and Legal Representation Expenses, as well Civil Fines, Sanctions, Excise and Taxes.

 

Specifically designed to provide protection to courier services against the risks:

Merchandise Liability

Ensuring the legal responsibility incurred by the Insured for loss or physical damage to the Merchandise that directly arises from the Insured Services

Errors and Omissions

Ensuring the legal liability incurred by the Insured due to errors and negligence in carrying out the Insured Services (such as incorrect or inaccurate completion of documentation, mis delivery, and failure to fulfill obligations stated in the 'Transport Contract')

 

Third Party Liability

Ensuring legal liability  incurred by the Insured that causes physical loss or property damage, death, or bodily injury to the third parties.

Cash Cover

Ensuring legal liability incurred by the Insured for losses or physical damage to cash

 

Who needs Chubb Delivery Partner Liability Insurance?

1. First mile or last mile courier service company

  • First mile courier companies deliver goods from manufacturers or warehouses to distribution points or logistics cente
  • Last mile courier service companies deliver goods at the final stage of delivery from the warehouse or distribution center to the customer.

2. Courier companies that collaborate with e-commerce companies by providing regular delivery services, express/instant delivery, and Cash on Delivery (COD) services

3. Online Delivery company

This company offers delivery services through a digital platform, such as an app or website.

 

What are the benefits of Chubb Delivery Partner Liability Insurance?

  • Comprehensive Coverage provides protection against a wide range of risks associated with courier deliver
  • Helps mitigate financial losses and ensuring the business remains financially stable
  • Peace of mind, allows business owners and delivery partners to focus to give their best services, knowing they are protected against unforeseen events and liabilities
SERVICES
SERVICES

Bespoke contract insurance for both small and large international freight forwarders, designed to address increased liabilities that arise from more stringent contracts imposed by large international clients.

Contact us
Contact us

Have a question or need more information?

Contact us to find out how we can help you get covered against potential risks