Offering customers
comprehensive, tailor-made

Marine Insurance Solutions

Santova Logistics offers customers comprehensive,
tailor-made marine insurance solutions.

Marine Insurance Solutions

Partnering with independent insurance brokers

antova Logistics offers competitive transit insurance cover for all modes of transport. The belief that liability cover provided by carriers is adequate is wrong. We always recommend Customers ensure that they have correct cover in place prior to any physical movement. Insurance is an important facet of international trade and correct advice should be sought.

This area of insurance is vast and most risks can be covered in the local market, some of which are listed below; however, the placement of non-conventional risks is also available through our association with specialised underwriters throughout the world.

We are partnered with AXA and TT Club to provide comprehensive all risks marine cargo insurance at a very competitive rate.

Insurance offered:

  • Cargo – including sea, land or air globally
  • Transit cover – all covers relating to transit including liability
  • Stock throughputs – covering longer term storage and/or distribution and warehouse risks to final destination including modification to the cargo
  • Strikes and war risks

The insurance opportunities include:

Annual Marine Cargo Policy

An annual premium is established on the estimated value of shipments over the next underwriting period. On expiry, the Insured declares the actual shipment volumes. It is the easiest and most convenient way to cover the insured’s import and export risks.

Single Marine Policy (once-off)

This is once-off insurance coverage for import or export shipments as well as Goods in Transit single shipments. Companies use this solution when shipping volumes are low.

Open Marine Policy

This allows clients to make periodic declarations of shipments (e.g. monthly/ quarterly/annually) with premium payable on each declaration made.

Throughput Policy

This policy is used to comprehensively cover the goods whilst being shipped, in transit and in storage until delivery to final destination. This end-to-end solution often produces a significant premium saving and will also avoid gaps in cover between the marine risk and the static risk.