Every shipment that moves by sea, air, or road carries risk. Goods can be damaged in transit, delayed at port, lost in a warehouse fire, or simply go missing somewhere between dispatch and delivery. For businesses that trade, import, or export, marine and transit insurance isn’t optional. It’s what keeps a logistics problem from becoming a financial catastrophe.
MPG Insurance Broking LLP has deep experience placing marine cargo cover for clients across textiles, pharmaceuticals, processed foods, jewellery, and logistics. We understand the exposure and we know how to structure cover that holds up when it’s tested.
Marine & Cargo Insurance Solutions
Marine Cargo Insurance
Marine cargo insurance covers your goods while they're in transit by sea, air, or inland waterways. Whether you're shipping domestically or internationally, a cargo policy protects against loss or damage from perils like fire, sinking, theft, collision, and general average. We advise on the right scope of cover based on your trade routes, commodity type, and transit frequency.
Inland Transit Insurance
Not all cargo risk happens at sea. Goods moving by road or rail within India face real exposure accidents, vehicle theft, fire, and loading/unloading damage. Inland transit cover protects the value of your consignment for its entire domestic journey, not just parts of it.
Open Marine Policies
For businesses with regular, high-volume shipments, an open marine policy is far more efficient than arranging individual covers for each consignment. A single open policy covers all shipments within agreed parameters destinations, commodity type, per shipment limits and declarations are made periodically. It saves time and often reduces your overall premium cost.
Project Cargo & Specialised Shipments
Some cargo is simply too valuable or too complex for a standard policy. Heavy machinery, high-value art, industrial equipment, or bulk chemical shipments require specialist underwriting. We work with insurers who understand these categories and can price risk accurately.
The MPG Difference in Marine Claims
Marine claims are where broker relationships really matter. A cargo damage claim involves surveyors, shipping companies, carriers, and insurers and things can go wrong at any stage of that process.
We’ve been handling marine claims in Mumbai for over a century. We know the documentation required, the timeline insurers work to, and how to push back if a settlement is being delayed without justification. Our clients don’t manage that process alone.