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From the minute the cargo leaves your client until it arrives at its destination, it’s exposed to a multitude of risks.

Components may be damaged during loading, cargo lost due to negligence, or foul play sees the cargo stolen.

Complex supply chains often mean it’s difficult to ascertain who’s at fault and how much is recoverable.

Complex supply chains often mean it’s difficult to ascertain who’s at fault and how much is recoverable.

Read more

Scroll Swipe to follow the journey of a piece of cargo through the supply chain

Step 1

Cargo leaves the premises by truck

Handled by Haulier
More

International Transit

Each part of the supply chain may have their own gaps in their liability insurance that may mean your clients are not indemnified if something happens to their cargo. AXIS Marine Cargo covers physical loss or damage to cargo at any point in the supply chain, by land, sea, or air. Our dedicated claims team has the experience to guide you through, every step of the way.

Step 2

Arrives at a port or airport and loaded onto transport

Handled by Stevedores, Airlines, Freight forwarders, Shipping lines/Vessel owner

Step 3

Cargo in transit by sea or air

Handled by Airlines, Shipping lines/Vessel owner, Barge operator

Step 4

Cargo is checked at destination

Handled by Port authority, Customs

Dedicated storage

A marine cargo policy can be extended to include storage at nominated distribution centers.

Here, cargo can be stored until distributed domestically or exported within the center’s territory. Cargo can also be used to manufacture or package finished goods, which are then distributed.

Scroll Swipe for more

Step 5

Cargo is stored in a distribution center

Handled by Warehouse managers, Distribution staff

Step 6

Cargo is delivered to its end destination

Handled by Distribution center, Haulier, Local courier

Final distribution to the cargo’s destination will usually take place as domestic transit within the distribution center’s country of operation.

However, goods can be exported to other customers overseas that fall within the distribution center’s territory. Incidents that may occur in both circumstances are covered by AXIS Marine Cargo.

However, goods can be exported to other customers overseas that fall within the distribution center’s territory. Incidents that may occur in both circumstances are covered by AXIS Marine Cargo.

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During the journey you have just followed, the cargo was damaged. But who was at fault?

Haulier

Airline

Customs

Distribution center

Maybe

However, they claim it didn’t happen while the cargo was in their possession. Because of the complex supply chain, with each party limiting their liability, it’s very difficult to prove who was at fault. But AXIS Marine Cargo is always on your side.

AXIS Marine Cargo covers every stage of the supply chain, at home and abroad, under a Cargo Stock Throughput policy.

This approach ensures your client doesn’t need to know exactly where an incident occurred or who was responsible. Your client just needs to make a single claim for the whole journey. Making things as simple as possible to submit.

Insurance

As a specialty insurer, our expertise runs deep — we're not afraid to take on complex risk profiles and volatile lines.

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  • Accident & Health

    With our innovative AXIS Personal Accident & Illness Insurance and AXIS Travel Insurance your clients get peace of mind.

  • Capital, Credit & Political Risk

    Today, multinational banks, export credit agencies and multilateral organizations can't always see from where the next risk is coming. We offer them AXIS Capital Risk Insurance.

  • Cyber & Technology E&O

    With the constant threat of breaches, solutions for cyber and technology e&o can ease your client's mind.

  • Delegated Authorities

    We've built delegated authority arrangements with coverholders internationally, in North America and the U.K. & Europe.

  • Financial Institutions

    An ever-shifting regulatory landscape and increasingly litigious client-base have increased Financial Institutions’ risk exposure. They look to us for tailored liability solutions.

  • General Liability

    While no two businesses are alike, every business has an exposure to liability. To help provide coverage for these exposures, we offer AXIS General Liability Insurance.

  • Lloyd's

    We offer specialty insurance and reinsurance through AXIS managed Syndicate 1686 at Lloyd’s.

  • Marine

    We specialize in high-capacity coverage including AXIS Cargo Insurance, AXIS Hull Insurance, AXIS Marine Liability Insurance, AXIS Marine Property & Trades Insurance, AXIS Specie & Fine Art Insurance, and AXIS War Insurance.

  • Professional Liability

    AXIS specializes in developing innovative solutions that safeguard businesses and professional firms from legal actions. That's why we offer AXIS Architects & Engineers Insurance, AXIS Media & Entertainment Insurance, and AXIS Miscellaneous Professional Liability Insurance.

  • Property

    Property coverage helps ensure your client's property is protected against damage by offering AXIS E&S Property Insurance.

  • Renewable Energy

    Our dedicated team has extensive experience and an in-depth understanding of the unique risks faced by companies in the Renewable Energy industry. Explore our three key areas of renewables expertise: Solar, Wind and Battery Storage.

Reinsurance

It's a new era for reinsurance â€” one that requires a bold, fresh approach to how we do business around the globe.

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  • A&H Reinsurance

    Our global team offers reinsurance solutions.

  • Agriculture

    We offer the dynamic and innovative coverage crop insurers need.

  • Aviation

    We have been a key market for Aviation Reinsurance since our inception in 2001.

  • Casualty

    In a world full of uncertainties, cedents can rely on our Casualty Reinsurance.

  • Credit and Surety

    As leading members of the Credit & Surety community, we write excess of loss structures and offer pro rata and excess of loss solutions.

  • Marine

    We have an extensive track record of leadership in the London and international marine reinsurance markets.

  • Mortgage

    Talk with us about the market for mortgage credit risk treaty business and reinsurance on a proportional and excess of loss basis.

  • Property

    We provide coverage for a broad spectrum of property risks worldwide, focusing on physical damage and time element exposures, including personal lines, light-to-heavier commercial risks and industrial portfolios.

Who We Are

Our expertise in specialty insurance and global reinsurance runs deep.

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  • About AXIS

    Collaborative by nature, multifaceted by design, AXIS practices specialty insurance and global reinsurance differently.

  • Board of Directors

    Find out who's steering the course for bold and innovative insurance solutions.

  • Locations

    Around the world, we’re redefining insurance and reinsurance.

  • Management

    To be a global leader, you need strong leaders. Meet ours.

  • Financial Strength & Ratings

    We're proudly rated "A+" (Strong) by Standard & Poor's and "A" (Excellent) by A.M. Best.

Careers

If you’re searching for a career where you can help redefine insurance, explore our latest employment opportunities.

Investors

Our financial strength builds trust.

Contact Us

Discover what drives AXIS, contact us today.

AXIS Capital
Terms of Use Communications Disclosure

© 2022 AXIS Capital. All right reserved.

This information is for descriptive purposes only and does not provide a complete summary of coverage. Refer to the applicable policy for specific terms, conditions, limits, limitations and exclusions to coverage. Coverage is underwritten by a member company of the AXIS group of insurance companies and may not be available in all jurisdictions.

* Total capital represents the sum of total shareholders’ equity and debt.

*Total capital represents the sum of total shareholders' equity and debt
† Ratings of insurance and reinsurance subsidiaries of AXIS Capital Holdings Limited

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