Marine & Cargo
Marine and cargo insurance protects goods as they move through the supply chain, whether in transit or in storage before reaching their final destination. Stock throughput policies provide continuous protection by coordinating marine and property coverage, instead of treating goods in transit and in storage as separate exposures.
Why It Matters
Goods in transit don't stay within one policy's boundaries
Goods moving through a supply chain cross between transit and storage repeatedly — loaded on a vessel, unloaded to a warehouse, then trucked onward — and a standard, location-based property policy isn't structured to follow that movement. Stock throughput policies are evaluated where goods-in-transit and storage exposures require coordinated marine and cargo solutions.
HUB's Approach
Coverage structured to follow goods across the supply chain
HUB structures marine and cargo coverage, including stock throughput policies, to follow goods continuously across the full supply chain rather than only at fixed property locations. This coordinates marine and property coverage so a shipment in transit, a shipment in storage and inventory at a fixed location are addressed under one structure rather than separate, location-specific policies.
Because goods movement patterns vary significantly by industry, including commodity transport for agribusiness clients, cargo and equipment in transit for transportation clients and inventory moving through distribution for other organizations, HUB's Marine and Cargo advisors structure coverage around an organization's actual movement of goods, coordinating with HUB's industry practices wherever a supply chain or transit exposure exists.
Insights for Your Business
Marine and cargo insights and research
