Project Cargo Insurance
As global demand for energy, transport, and infrastructure grows, so do opportunities to exploit natural resources.
If you’re in the business of supplying or transporting heavy-lift machinery to meet those needs, or investing in clean power in developed countries, this policy will protect against loss, damage and delays.
The Parties it Covers
Today’s supply chain for a modern infrastructure project can involve numerous manufacturers from several countries, differing contractors and a complicated array of supply routes involving any combination of land transport, sea, river, rail, road or air.
Our Project* Cargo Insurance provides clients with the protection to meet the needs of all parties concerned, including:
- Owners and principals
- Managing contractors and main contractors
- Contractors and subcontractors
- Manufacturers and/or suppliers
- Banks and/or financial institutions
* Project cargo is defined as a set of shipments of an agreed value over a set period of time for a construction project.
The Areas It Covers
Our insurance policy covers projects that include:
Chubb Underwriting Initiative of the Year
Chubb’s Marine Logistics Pillar was awarded the ‘Underwriting Initiative of the Year’ in the InsuranceAsia News Awards for Excellence 2021.
Interested in these Chubb policies?
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Contact us to find out how we can help you get covered against potential risks