Skip To Main Content
:::
:::

Freight Forwarders Liability

The Insured's cover for freight and logistics liabilities

AIGPHLWeServeCRG@aig.com

Why Choose AIG for Freight Forwarders Liability?

As today’s freight forwarding and logistics companies continue to expand their reach and responsibilities around the world, risk management, and liability insurance are among some of the keys to win the international environment.

AIG Marine and Logistics Practice can help provide this multi-faceted industry with better access to custom solutions to address the unique liability risks they face.

The AIG Advantage

AIG Freight Forwarders Liability Solutions

Freight Fowarder's Liability caters to:

  • Freight forwarder - company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer or final point of distribution
  • Non-Vessel Operating Common Carrier (NVOCC) - a shipment consolidator who does not own any vessel, but functions as a carrier by issuing its own bills of lading or air waybills and assuming responsibility for the shipments
  • Warehousemen/(de) consolidator- who works in a warehouse usually delivering goods for sale or storage
  • Haulage company
  • Logistic operator

* Appetite is for incidental to transit and not a stand-alone warehousing operation

  • Customs brokers - clearing of goods through custom barriers for importers and exporters. This involves the preparation of documents and/or electronic submissions, the calculation and payment of taxes, duties, and excises, and facilitating communication between government authorities and importers and exporters
  • Trucking company - overland transit distribution of goods
  • Multimodal transport operator - is the transportation of goods under a single contract but performed with at least two different means of transport; the carrier is liable for the entire carriage, even though it is performed by several different modes of transport (by rail, sea, and road for example). The carrier does not have to possess all the means of transport and in practice usually does not. The carriage is often performed by sub-carriers