Marine Insurance

Welcome to Osure Brokers, your trusted partner for comprehensive marine and cargo insurance solutions in South Africa. Established in Johannesburg in 2006, we have expanded nationally with our head office located in Cape Town. Our vision is to provide a boutique insurance offering, giving personal attention to bespoke clientele in the commercial and personal sector. We understand the unique challenges and risks associated with the marine industry, and we’re here to protect your business every step of the way.

Contact us today on

086 101 1012

Comprehensive Marine and Cargo Insurance Coverage

At Osure Brokers, we offer comprehensive marine and cargo insurance coverage that protects your business against loss of, or damage to, cargo subject to the Institute Clauses as Published by Witherby’s. Our tailored insurance products cover all types of marine and cargo operations, from small local businesses to multinational companies involved in the import and export of goods. We provide a complete insurance solution for the marine client, inclusive of liability cover.

Key Benefits:

Our marine and cargo insurance offers numerous key benefits:

 

  • Comprehensive Coverage: We provide comprehensive coverage for loss or damage to cargo, ensuring your business assets are protected.
  • Removal of Debris: Our policy covers the cost of removing debris following an incident, helping you get back to business as soon as possible.
  • Protection Against Malicious Damage: We protect your cargo against malicious damage, providing you with peace of mind.
  • Intermediate Storage Coverage: We cover goods stored in intermediate storage during transit, ensuring your cargo is protected at all stages.
  • Marine Cargo Insurance: We provide comprehensive insurance for marine cargo, covering various risks associated with marine transportation.
  • Goods in Transit Insurance: Our policy covers goods in transit, protecting your cargo while it’s being transported.
  • Liability Coverage: We offer various liability coverages including Carriers Liability, Stevedores Liability, Ship Repairers Liability, and Marine Operators Liability.

Additional Benefits:

In addition to our comprehensive coverage, we offer additional benefits to provide you with complete peace of mind:

  • Yacht Club Insurance: We provide specialized insurance for yacht clubs, covering various risks associated with yachting.
  • Stock Throughput Coverage: Our policy covers the flow of goods from source to final destination, ensuring your cargo is protected throughout its journey.
  • Cradle to Grave Cover: We provide comprehensive coverage from the start of the journey to the final destination.
  • Hull Insurance: We offer hull insurance, covering physical damage to the ship.
  • Pleasure Craft Insurance: We provide insurance for pleasure crafts, covering various risks associated with recreational boating.
  • Transport Broker Cover: We offer coverage for transport brokers, protecting them against various risks associated with their profession.

Marine

The Marine Insurance Policy provides solutions for the import and export of goods for multinational companies as well as local small, medium-sized and large business enterprises.

It protects the policy holder against loss of, or damage to, cargo subject to the Institute Clauses as Published by Witherby’s

  • Importer
  • Exporters
  • Distributors
  • Cross Voyages
Key Benefits
  • Complete insurance solution for the marine client, inclusive of liability cover
  • Facultative individual marine policies or certificates of insurance are issued for a certain period, usually a specific voyage shorter than three (3) months
  • The premium for annual twelve-month cover, based on deposit, is calculated from the estimated value of shipments and adjusted at the end of the policy period on the actual value of shipments
  • Rates for open policies are agreed upon in advance, and premiums only paid once the shipments are declared
  • Stock throughput cover for the import and local transit of cargo, and cover for stock exposure whilst in storage, are combined into a single policy
  • Intermediate storage
  • Removal of debris
  • Standard 6m and 12m long shipping containers
  • Loading and offloading of cargo
Optional Extensions
  • Transport broker cover
  • Freight-forwarders liability

Documents

Contact us today on

086 101 1012

Tucks, Trailers & GIT

Why Choose Osure Brokers for Your Marine Insurance?

At Osure Brokers, we are committed to providing a high level of service and building long-term relationships with our clients. We understand the unique challenges of the marine industry in South Africa, and we’re here to provide the support and coverage you need to keep your business running smoothly. With our deep industry knowledge and understanding of clients’ short-term insurance needs across various industries, we are confident in our commitment to deliver tailored products, thoughtful strategic planning, professional services, excellent rates and turnaround time.