Logistics Operations
Offered by Amwins Underwriting
Warehouse Ocean Cargo Logistics Freight Forwarders Warehouse Legal Liability Cargo Insurance Marine International MTCDescription
Target Clients
Freight forwarders
Each policy issued by ASLU is tailor-made to fit into each specific client's needs in accordance with the services they provided as well as the individual exposures attached to them. Services provided by a Freight Forwarder may include:
- International or Domestic Transportation Brokerage
- Customs House Brokerage
- Non-Vessel Operating Common Carriers (NVOCC)
- Indirect Air Carriers (IAC)
- Motor Truck Carrier (MTC)
- Warehousemen
- Providing “All Risk” coverage to their clients through their insurer for ocean and inland shipments as well as for goods in storage/warehouse
- U.S. Admitted paper (A.M. Best “A” rated)
- All necessary coverages under one package, which eliminates coverage gaps and minimizes the necessity for brokers to place different coverages with multiple carriers
- Our staff is dedicated to offering a high level of service, always keeping in mind that such service does not end when a policy is bound, but rather continues all the way through account maturity
- Timely response to brokers
- Timely quoting, binding and issuance of endorsements
- Work with the insured to standardize the insurance-related portion of their contracts and minimize their exposures
- Customize a coverage package suitable for each individual insured
- Certificate Issuing Platform for Shippers Interest and Warehousing with full report capabilities
- Claim settling agents in all corners of the globe
Why Choose ASLU?
We differentiate ourselves from other MGAs by offering our coverage on 100% admitted paper, which provides many advantages to insureds and brokers including:
- No E&S taxes
- Faster claims handling
- Backed by government funds to pay claims in the event of bankruptcy
- No strenuous paperwork
Coverage & Limits
- Shippers Interest Ocean Cargo
- $15,000,000 any one conveyance
- Shippers Interest Domestic Transit
- $15,000,000 any one conveyance
- Third-party Warehousing
- $15,000,000 any one location
- Carriers Legal Liability (NVOCC, IAC, MTCLL & Contingent)
- $5,000,000 any one conveyance
- Freight Forwarders E&O
- $1,000,000 any one occurrence
- Warehouse Legal Liability
- $15,000,000 any one location
Minimum Premium
- $10,000
Submission Requirements
- ASLU Application or Full Broker Application
- Contracts of Carriage/Warehousing in use by the insured
- Five-year loss experience
- Other information, if necessary, requested upon submission
Details
$15M Maximum Premium
$10K Minimum Premium
Appointment Required
Carrier Information
Argo
Admitted
Listing Contact
Heather Frain Senior Vice President
Offered By
Availability 50 states + DC
Covered
Not Covered
