Marine & Transportation risks

The best-known elements of Marine Risk coverage are Marine Cargo Insurance and Marine Hull Insurance. At Howden, we offer these and a host of other, complementary covers for clients in the Marine and Transportation sectors.

Working with some of the biggest players in Asia and internationally, we handle any aspect of marine risk, regardless how large or complex.

Who needs Marine Insurance?

  • Companies that frequently distribute goods 
  • Contractors who require equipment or goods that must be transported
  • Ship owners, operators, and vessel charterers 
  • Forwarder companies
  • Companies with a large volume of stock

We are experts in arranging Marine Risk insurance products, including:

Marine Cargo

Protection for loss or damage to goods transported by sea, land or air.

Marine Hull

Protection against physical loss/damage to the hull, machinery, and everything connected to the vessel. Some underwriters also offer additional cover against loss and damage due to terrorism, business interruption, third-party liability and other specified perils. 

Protection and Indemnity (P&I) 

Cover for shipowners, operators, and charterers for third-party liabilities encountered in the operation of vessels. The main risks covered are liabilities, expenses, and costs for perils including:

  • Loss of life
  • Injury and illness of crew, passengers and other persons
  • Cargo loss, shortage or damage
  • Collision
  • Damage to docks, buoys and other fixed and floating objects
  • Wreck removal 
  • Pollution

Freight Forwarder Liability 

Protection to freight forwarder from legal liability due to loss or damage suffered by a third party caused by freight forwarder business activity. Liability starts from the time of collection from consignor until the time of delivery. 

Common coverage consists of:  

  • Cargo and related liabilities cover 
  • Third-party legal liability 
  • Liability for fines and duty 
  • Claims expenses 

Stock Throughput 

Protection against loss or damage to goods being transported by land, sea, or air, and also protection for the goods while in storage as stock. 

Container Insurance

Covers against loss or damage to the container itself while goods are being transported. Some underwriters limit the coverage to cover just when the container is at sea (Risk At Sea).

Get in touch

Let's talk...

+62 21 2939 4900

We'll put you in touch with the person best equipped to help.

Call us on +62 21 2939 4900 or drop us a quick message and we'll get back to you asap

Visit us at: Millennium Centennial Center, 33rd Floor, Jl. Jend. Sudirman Kav.25, Jakarta 12920

Meet the team

Firman

Firman Amersyah
Vice President, Strategic Business Development

Ega

Ega Napitupulu
Vice President

Alan

Alan Sabaruddin
Claims Executive