Marine Insurance

For Logistics Providers

3PLs have become an important service provider in today’s global economy. As supply chain professionals look to cut costs while maintaining sufficient customer service levels, a third-party logistics provider can provide the one stop shopping service for all or part of a customers supply chain management functions.

While third party logistics firms provide the specialized, integrated warehousing and transportation services, scaled and customized to customer’s needs, CRC provides the necessary 3PL insurance tools to act as a backstop when losses occur.

At the core of a 3PL insurance portfolio are trucker’s cargo legal liability and Warehouseman’s legal liability for which CRC offers multiple solutions, including food spoilage risks, theft by owner/operators acting as subcontractors, proper limits and perils insured, and three different rating plans.

Additionally, CRC has developed a market to respond to the needs of Non-Vessel-Owning Common Carriers (NVOCC).  Knowing and understanding the bill of lading used by the NVOCC is the key to coverage and cost.  With the NVOCC’s evolution in the sophisticated, international business arena, especially multi-modal transportation, CRC has developed a niche in this area of marine insurance expertise.

Other areas of special need for 3PLs are dealt with as well, such as  Protection & Indemnity Liability, Charterer’s Liability, Hull, Stevedore Liability, Terminal Operator’s Liability, Environmental Liability, Excess Workers Compensation, Bumbershoots to $50 million, Jones Act, USL & H and Wharfinger’s Liability.

 

For Logistics Providers
Property

General Property
Boiler & Machinery

Casualty

General Liability
Business Automobile
Directors & Officers Liability
Employee Practices Liability
Fiduciary Liability
Environmental Liability
Umbrella Liability
Workers Compensation
Crime (Employee Dishonesty)

Multi Line

Business Packages
Property/Liability

International Marine

Marine Liability
Charterer’s Liability
Cargo Legal Liability
Non-Vessel-Owning Common Carriers
Protection & Indemnity Liability
Hull
Stevedore Liability
Bumbershoot Liability
Wharfinger's Liability
Jones Act
USL & H
3PL

Special Policies

Aviation Insurance
Trucker Cargo Legal Liability
Kidnap/Ransom/Extortion
Warehouseman's Legal Liability

Foreign

Global Medical/Emergency Evacuation

Employee Benefits & Financial Planning

Group Health Insurance
Life Insurance
Long Term Care
Long Term Disability

Risk Management

Business Continuation Planning
Disaster Recovery Planning
Information Technology Recovery Planning
Loss Prevention Planning
General Risk Assessment
Business Interruption/Extra Expense Assessment
Identification of Perils