Marine and Shipping

High-quality marine and shipping insurance.

For anyone working, managing, or owning a company in the marine and shipping industry, you’ll be well-aware of the unique challenges facing you on a daily basis. The old adage ‘worse things happen at sea’ says it all, and this is exactly the reason why we developed Philmark Marine – our comprehensive, affordable insurance plan exclusively for the shipping industry.

Marine and shipping insurance (also known as cargo transit insurance) is a specialist product. Put simply in the context of insurance, this means that a generic policy wouldn’t serve the purpose. A bespoke insurance plan is required which has the right policy wording, features, and benefits. This will therefore ensure that when you need to claim, there are no minor or major omissions on your plan – and most importantly, no nasty surprises.

Philmark Insurance – a trusted name on land, sea, and air.
With Philmark Marine, you can focus on running your business knowing that your cover is comprehensive, flexible, and cost-effective. Furthermore, the plan is brought to you by Philmark in partnership with Lloyd’s of London. So, you can be certain it is one of the most reliable and reputable insurance products on the market, with all the latest policy wording.

  • Fully compliant with new local marine requirements of local Insurer and with Lloyds wording.
  • Covers air & sea cargo from and to anywhere in the world.
  • Can incorporate inland transits to avoid duplication of separate goods in transit cover.
  • Policy can be arranged on an ‘open’ basis and premiums can be paid annually or adjusted on an ‘as and when’ basis.
  • Total flexibility with the choice of value to be insured – this can be based on cost, cargo, insurance, and freight (CIF) and sales price.
  • Storage as part of transportation included as standard but it can also be extended to cover permanent storage risk.
  • All types of cargo can be catered for.
  • Certificates arranged to comply with local import/export legislation.