Ports and Terminals Insurance

Specialised policies for global port and terminal operators

Port and terminal operators oversee the platforms that provide the connection between land and sea for the marine industry. Travelers understands that having such a pivotal role in movement and logistics requires a unique and specialised product. We work to develop a product with covers traditionally found separately under both marine and non-marine policies.

Our underwriting team has many years of experience and a high degree of industry knowledge that has enabled our reputation for creative and bespoke insurance solutions and claims expertise. Our proactive approach to underwriting and understanding of our clients’ requirements has enabled us to build an extensive portfolio of businesses consisting of all types and sizes around the globe. From the largest port to the smallest cargo handling facility, operators can count on a leading policy provider in the Lloyd’s market.

Our appetite

We cover

These fall within our appetite, and we’re happy to discuss details.

We cover

  • Landlord port authorities
  • Operational port authorities
  • Stevedores and wharfingers
  • Inland clearance depots
  • Container freight stations
  • Container storage depots

We cover

  • Marine terminals of all types including:
    • Container terminals
    • Break bulk terminals
    • Wet bulk terminals
    • Dry bulk terminals
    • Roll-on/roll-off (RoRo) terminals
    • Passenger terminals
    • Car terminals
    • Ferry terminals
    • River terminals
    • Barge terminals

Ports and terminals covers & highlights

  • Legal and contractual liability arising from:

    • Damage to cargo, vessels and equipment, including demurrage and consequential losses
    • Damage to third-party property and bodily injury
    • Removal of wreck, including statutory duty
    • Costs and expenses in disposal of cargo
    • Vessel traffic management, navigation and pilotage
    • Sudden and accidental pollution
    • Advice and information
    • Fines and duties
    • Fire legal liability
    • Infringement of personal rights
    • Advertising liability
    • Costs and expenses to investigate, mitigate and defend claims
  • Physical damage to property and handling equipment including:

    • Port infrastructure
    • Cargo handling equipment
    • Natural catastrophes
    • Marine impact
    • Machinery breakdown
    • Business interruption, port blockage, increased cost of working and loss of rent
  • Cover limit of US$25 million

    • Property/equipment/business interruption
    • Liabilities

Add-ons & extensions

These items may be available to add on to your policy

  • Container fleet lessors
  • Logistics, transport and warehouse operators
  • Hull and machinery/protection and indemnity cover for port craft
  • Marine professional indemnity
  • Marine products liability

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Let’s start the right conversation

 
For business

Find a broker

If you’re looking for covers and have a broker, ask about Travelers products.

If you need a broker, start with the right broker directory.

Find a broker

Need to call us directly? Contact us.

 
For brokers

Ready to chat?

Let’s work together to build the right cover for your client.

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