Cargo

Beazley insures general cargoes and specie from both London and Singapore. We offer protection for goods while in transit (by land, sea or air) and in store during the ordinary course of transit or long term storage.

What we offer

General cargos with an emphasis on oil, general commodities and general machinery. All losses are subject to the terms and conditions of the actual policy up to US $75,000,000. Our book of business consists of a wide range of general cargoes with emphasis on oil, general commodities and general machinery.

How can we help

Our underwriters have a wealth of experience and knowledge that enables us to understand complex issues. We draw on this to deliver a outstanding service to our brokers and clients. 
We are experts in the movement of difficult project cargo which allows us to understand hard to place risks and create appropriate, and often bespoke, coverage solutions. 
Our underwriting and claims teams work hand in hand, in an cycle that allows the development and refinement of our products. This close collaboration between our teams also ensure a seamless and simple claims process.

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in thea world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

On hearing that a client’s vessel was listing we immediately deployed our in-house marine engineers to assist. With the support and technical guidance of our engineer the vessel was stabilised (she had been listing heavily from a grounding and was close to being a total loss) and the cargo on board was saved from further damage. Towage was organised which allowed the vessel to successfully reach her destination. With the benefit of having our engineer ‘on the ground’ for more than 16 days, Beazley’s claims managers were able to directly understand the client’s needs, resulting in prompt payments of funds.