Why is this cover important?
The logistics industry is made up of many different occupations with each carrying their own risk exposures but also regulatory requirements. Due to the complexities that can be involved with these exposures and regulatory requirements, comes the need for specialist knowledge, advice and insurance programs.
Citycover is a specialist broker that provides a unique and personalised approach to designing insurance solutions that identify, assess and treat risks for Freight Forwarders, Customs Brokers, Warehouse Operators, Transport and Logistics Companies.
This is supported by our in-house specialist claims team, which means you get the best result possible.
POLICY COVER CAN INCLUDE
Specialist cover to include cargo exposure where legally liable to pay compensation for:
Liability for Cargo
Loss or damage to customer’s cargo including consequential loss.
Errors and Omissions
Financial loss due to delays in handling Cargo, Demurrage charges, Misdescription of Cargo, Delivery of cargo to wrong destination.
Fines and Penalties
That are imposed on you due to an unintentional breach.
Additional Benefits Available
Industry Specific Tailored Solutions.
Additional Benefits for Freight Forwarders
Citycover has developed a market leading Marine Transit Platform allowing Freight Forwarders to quote and bind single Marine Transit insurance cover for their customers.
This is a specialised product which has been built and tailored for the industry to provide a value add service to your business. The benefits of this platform are:
- Nick P
I was blown away by how incredibly simply it was to use. Each transit insurance policy takes next to no time to complete, the insurance certificate is ready to be printed immediately and its proved very effective in helping us to provide excellent customer service to our clients. I would highly recommend.
26th October, 2017
Citycover is a specialist broker that has superior knowledge of the industry and your requirements.
Frequently Asked Questions for Freight Forwarders Liability Insurance.
Do your freight forwarding policies only cover Freight Forwarding activities?
No. Our freight forwarding policies are able to cover many different occupations as we understand that Freight Forwarders don’t always just do Freight Forwarding. The occupations that can be covered under our wordings are. Customs Brokers, Warehouse Operators, Logistics and Transport Companies.
Does a Freight Forwarders Liability cover Tenants Liability/General Liability (Public and Products)?
No. Citycover has access to a vast range of insurers who offer Freight Forwarders Liability. Some policies have included the Tenants Liability/General Liability and some do not. That’s why it’s important to use a specialist broker so you are being insured for the right cover.
Does a standard Public Liability policy cover what a Freight Forwarders Liability policy covers?
No. A public liability policy is not the same as a Freight Forwarders liability policy. A public liability policy covers personal injury or property damage to third parties arising from your business activities. A Freight Forwarders Liability covers liability for your customers Cargo, Fines and penalties cover, Errors and Omissions and can also include other additional covers depending on your individual risk exposures. Tenants/General Liability should be taken out in conjunction with your Freight Forwarders Liability policy if your Freight Forwarders Liability has not been extended to cover these risks.
If I’m operating my business without a Freight Forwarders liability will I be covered fully?
Each business is different and has different requirements and exposures. We would suggest talking to a specialist broker to see if you are adequately covered. However, Citycover believe that a Public Liability only policy, is not sufficient cover on its own, to ensure you are protected in all instances.
Need to Claim?
The knowledge and experience of Citycover’s amazing team is widely recognised. We are extremely passionate insurance professionals, who love what we do.
Senior Insurance Adviser
Claims Services Manager
Senior Claims Adviser