Marine cargo insurance is an essential risk management tool for handling supply chain challenges faced by a client and traditional insurance products may not always adequately address these, particularly in the current constantly changing logistic scenarios. Risks which can severely impact global supply chains are numerous and varied and may differ from location to location but these are mainly, accidents during transit, natural catastrophic events, war, terrorism, strikes, cessation of transits, supply of raw material and credit risk of buyers.
It is necessary for the client’s logistic company to analyze and evaluate the wide variety of risks at each stage of the supply chain and minimize them as far as possible. Marnix can then step in to provide clients with appropriate risk solutions for the remaining risks based on risk analysis after understanding the business flow from supplier to user.
Our proven marine expertise in providing insurance solutions for all types of ocean, air and land transportation risks and wide experience honed over many years through handling of Marubeni related business is highly valued by our clients.