Protect the goods your business moves.
Goods in transit form part of the commercial risk whenever a business transports goods as part of its activities. Acrusure helps clients understand that exposure and consider suitable insurance within the wider commercial portfolio.
Goods in transit cover should reflect what the business transports and the risks around the movement of those goods.
Transport creates risk beyond the premises
Goods moving through the supply chain
Transported goods can form an important part of a business’s commercial exposure, depending on its activities and operations.
Reviewing the wider insurance structure
Goods in transit should be considered alongside stock, property, motor and other relevant commercial risks.
What we help you review
Acrusure starts by understanding the business and how goods are transported, then reviews the existing arrangements and areas that may require further consideration.
The goods being transported
Consider the nature of the goods and the role their movement plays in the business.
Transport activities
Review how the business transports goods and the activities connected to that movement.
Existing cover
Examine current insurance arrangements, policy structure, limits, excesses and relevant exclusions.
Values & exposure
Consider the values involved and the potential financial impact of loss or damage within the business.
Business changes
New routes, new activities, changes in volumes or other operational changes may affect the insurance requirement.
Wider commercial portfolio
Goods in transit can sit alongside stock, commercial motor, property, liability and business interruption considerations.
Our approach to goods in transit insurance
Understand
We begin with the business activities, transported goods and the circumstances around their movement.
Review
Existing insurance arrangements are reviewed for gaps, duplication, inappropriate structures or areas needing further investigation.
Source
Where appropriate, suitable insurers and specialist underwriting markets are approached.
Compare & advise
Options are considered in relation to cover, price, excesses, limitations, exclusions and the client’s requirements.
Implement & maintain
Once a client has made an informed decision, we assist with implementation, amendments and ongoing policy administration.
Claims assistance
When a loss occurs, we assist with the claims process and engagement with the insurer where necessary.
Goods in transit FAQs
Does goods in transit cover form part of commercial insurance?
Yes. Acrusure lists goods in transit among its commercial insurance capabilities. The suitability of cover depends on the particular business and risk.
Can existing goods in transit cover be reviewed?
Yes. Existing arrangements can be reviewed alongside the business activities, values, policy wording, limits, exclusions and changes in circumstances.
Does every business need the same goods in transit cover?
No. The appropriate insurance structure depends on the nature of the business, the goods involved and the relevant exposure.
What happens when a claim arises?
Acrusure can assist with initial notification, documentation, insurer communication, assessor interaction, follow-up and other claims support where appropriate.
Need to review your goods in transit risk?
Speak to Acrusure about your existing arrangements or a new goods in transit requirement.
Request a quote