Protect Your Cargo With Marine Transit Insurance

Get tailored insurance for any goods in transit with CIA. 

Contact Us


Insurance Solutions For Goods in Transit 

If your business supplies goods nationally or overseas, you are exposed to risks from natural perils and accidental damage. Such risks can prevent your cargo from reaching its destination or cause costly damage during the voyage. 
Marine transit insurance allows you to take advantage of a variety of protections, ranging from damages to stolen goods. Don’t leave your valuables to chance. CIA helps businesses source the right cargo insurance and secure their goods during sea, air, road or rail travel.  

What is Marine Transit Insurance?

Marine transit insurance refers to a range of insurance products that protects your business from loss or damage to vessels and cargo. 

It covers the door to door delivery of goods worldwide, by sea, road, rail and air – including their storage during transit.  

Marine transit insurance is important for businesses involved in shipping or receiving goods. Marine insurance can provide valuable cover for importers and exporters. 

There are various types of marine transit insurance, and it's important you choose a cover that’s specific to your needs.


What Does Marine Transit Insurance Cover?


Accidental physical damage of goods as a result of an unexpected, external event


Damaged caused by collision of the carrying vehicle, vessel, train, or aeroplane


Dropping during loading or unloading


Damaged caused by fire, exploding, or lightning


Contact Us

Statistics To Consider 



Around 80% of Australia’s imports and exports by value are carried by sea




99% of Australian exports use sea transport




60% of small and small businesses report losing up to 15% or greater in revenue due to supply chain delays


Australia is the fifth largest user of shipping services in the world







Case study: Why A Marine Transit Insurance 
Cover Makes All The Difference


Scenario

Kerri runs a small business that exports organic cheeses from Australia to Asia. It’s a new business, and she works very hard to provide quality products and build her client base. Recently, a shipment of her cheeses that were going to a new client was left on the dock unrefrigerated due to failure of the cold storage area in the dock - and the cheeses were spoiled.

With Marine Transit Insurance

Thankfully, Kerri had marine transit insurance, which covered her products from the time they left her business until they were in her client’s possession.
While her insurance didn’t help her keep the new client, it reimbursed Kerri for the cost of the cheeses that were spoiled.

Without Marine Transit Insurance

Not only did Kerri lose a valuable product and was unable to recuperate the cost, but she also delayed her shipment to a client, resulting in customer dissatisfaction.



Protect What Matters In Your Business

With CIA’s range of marine transit insurance, you and your products are safeguarded against unexpected events and its associated financial stress - whether it’s an accident, natural disaster, or theft.
CIA can source and advise you on the right marine transit insurance to safely get your products to its destination. With decades of insurance experience backed by a strong broker network, our team can also support you during a claims process, offering reliable advocacy in the event of an accident or damages to your goods.
 


Why Choose Consolidated Insurance Agencies?

With a deep understanding of businesses across a range of industries, our brokers can effectively determine your company’s specific risk profile and tailor the right insurance policy - saving you valuable time researching and comparing cover options.

As part of the Steadfast network, our brokers have the power to negotiate better prices and policy terms for you. You can also gain access to exclusive Steadfast policy terms that offer broader and more comprehensive coverage. No matter your needs, we can ensure your risks are covered by arranging customised policy options. This means better business protection at competitive prices.

Enjoy the backing of Australia’s largest general insurance broker network, which manages more than 3.2 million policies for small to medium businesses. As part of the Steadfast network, CIA gives you access to policies across local and international markets - helping you find the coverage you need.

Looking For Marine Transit Insurance? We’re Here To Help.

Contact us to discuss your needs  

Contact us