EmpresasPolicies processed2.100 Claims Processed620 Nº Clients1.240
Cargo insurance
We insure goods in transit for carriers, logistics operators, customs agents, and shippers. The programme is designed based on the actual route, as each segment—agreement, terminal, stay—responds with different rules.
In short
What is goods transport insurance
Transport insurance covers goods while they travel and the carrier's liability towards the shipper. These are two distinct and complementary covers: the goods policy compensates the value of damaged or stolen goods, while the carrier's liability only responds up to the legal limits of the CMR or LOTT, which are much lower than the actual value of the cargo. A company relying solely on the carrier's liability is covered well below the value it handles.
Advantages
Advantages of transport insurance
Beyond compensation, a well-structured goods policy changes how you can sell.
You sell with the Incoterms requested
Offering CIF or CIP requires you to provide the cover. Without your own policy, you are excluded from operations where the buyer imposes these terms, which are the majority in export.
You unlock the documentary credit
The bank does not release payment of a letter of credit without the shipment's insurance document. With an open policy, you issue it yourself on the same day, without negotiating conditions shipment by shipment.
Cost proportional to the value moved
Insuring a shipment is around one or two per thousand of its value. A single uncovered loss is equivalent to the premium of several years of traffic.
You retain the client after the incident
Replacing a lost load in days maintains the commercial relationship. Arguing for months over who is responsible breaks it, even if you end up being right.
Profile
Who we work for
Carriers and fleets
National and international transport companies that need to cover their liability towards the shipper and protect vehicles, trailers and drivers.
Logistics operators and customs agents
Profiles that assume chained third-party responsibilities and where the wording of the clauses determines who pays each claim.
Shippers and industrials
Manufacturers and distributors who dispatch their own goods and want to cover the real value, not the legal limit of the carrier.
International trade
Importers and exporters with multimodal operations, diverse Incoterms and the need for shipment certificates.
Technical criteria
What we see fail in practice
After more than a century insuring supply chains, claims that end badly almost always follow the same patterns.
Trust in the carrier's liability
CMR caps liability at 8.33 SDR per kilo. A 2,000 kg electronics load worth €300,000 may recover €14,000. The shipper absorbs the difference.
Undeclared stays and stops
Many thefts occur in unsupervised parking. If the policy requires supervised parking and this was not met, the claim is rejected.
Outdated declared value
Declaring below the real value activates the proportional rule: the insurer compensates in the same proportion as the underinsurance.
Misunderstood Incoterm
In an EXW or FCA, the risk changes hands earlier than the company assumes, and often no cover has been contracted for that segment.
Scope
Main covers of transport insurance
- Damage and total or partial loss of goods in land, sea, air and multimodal transit
- Theft and robbery, with custody conditions negotiated according to actual operations
- Carrier and logistics operator liability (CMR, LOTT, international conventions)
- Intermediate stays, temporary storage and loading and unloading operations
- General average and contribution to salvage in maritime transport
- Open or floating policies with periodic declaration and shipment certificates
The definitive scope depends on the wording of each insurer. We review it with you before recommending anything.
The JORI& method
Cómo trabajamos
El mismo método en cualquier solución: entender la exposición real antes de mirar una prima.
Análisis del riesgo
Estudiamos la actividad, el patrimonio y los escenarios plausibles. Sin ese diagnóstico, comparar pólizas es comparar precios de cosas distintas.
Diseño del programa
Definimos coberturas, límites, franquicias y exclusiones aceptables. Decidimos qué se transfiere al asegurador y qué se retiene de forma consciente.
Negociación con el mercado
Presentamos el riesgo a las aseguradoras con las que trabajamos y negociamos condiciones. Somos independientes: no pertenecemos a ninguna compañía.
Acompañamiento y siniestros
Revisamos el programa cada renovación y, cuando ocurre el siniestro, actuamos como tu parte técnica frente al asegurador hasta el cobro.
Frequent doubts
Lo que más nos preguntan sobre transport insurance
Do I need cargo insurance if my carrier already has insurance?
Yes. The carrier's insurance covers their liability, not the value of your goods, and only responds if their fault is proven and up to legal limits. If the cargo is lost due to a cause not attributable to the carrier, or if the value exceeds the CMR limit, you bear the difference.
What is the difference between a voyage policy and an open policy?
The voyage policy covers a specific shipment and is contracted on an ad-hoc basis. The open or floating policy covers all shipments during the period, is declared monthly, and adjusts the premium according to actual volume. For a company with recurring shipments, the open policy is cheaper and avoids the risk of forgetting to insure a shipment.
Does the insurance cover thefts in parking areas?
It depends on the agreed custody conditions. Standard policies usually require monitored or enclosed parking for sensitive loads. We negotiate these conditions based on the company's actual routes and stops, because a clause that is impractical in practice is a hidden exclusion.
How is the value to be insured calculated?
The usual practice is invoice value plus freight plus a percentage of expected profit, typically 10%. Underinsuring activates the proportional rule and reduces the compensation in the same proportion as the underinsurance.
What happens with goods in international transit outside the EU?
The agreements are applied accordingly and often, local mandatory insurance requirements. We coordinate the Spanish policy with local correspondents to ensure there are no gaps in cover or duplications that cancel each other out.
Who manages the claim if there are several parties involved?
We do. We determine who is responsible for responding, coordinate assessments, preserve the right of recourse against the responsible party, and prevent the company from being caught between insurers passing the file to each other.
Transport and logistics
What you would charge for a full load, calculated
We review your goods and carrier liability policies, calculate the real exposure against the contracted limits, and tell you where you are uncovered.
- Independent broker: we do not belong to any insurer
- The specialist in the field you consulted answers you
- The review is delivered in writing, policy by policy
Insights
Ver el tema international trade What we have written about this
Guía
Open transport policy: how it is set up and what needs to be declared
Insuring shipment by shipment is slow, expensive, and leaves gaps. The open policy covers all shipments of the year and issues a certificate when the bank requests it.
6 min de lecturaNota técnica
Incoterms and insurance: who insures what in each term
Only two Incoterms oblige the seller to contract insurance. In the rest, the risk changes hands earlier than most companies assume.
5 min de lectura
