Resolution diversifies into Marine Cargo Insurance to increase insurance penetration

Resolution Insurance has unveiled a transit policy into the market to provide solutions for marine cargo insurance needs, to meet needs for freight, logistics, and shipping, clearing and forwarding companies.

These solutions are also available for agencies directly importing and exporting goods. Resolution marine cargo covers accidental loss or damage to goods in transit by sea, air, and land and can be purchased via the company’s online portal.

“With the growing popularity and convenience of online commerce, customers can buy Resolution marine cargo insurance when importing merchandise anywhere around the world,” Said Alice Mwai, Managing Director Resolution Insurance.

Resolution Marine Cargo Insurance aims at staying in line with the insurer’s business strategy on product diversification and deepening insurance penetration in the country.

Insurance Covers

The cover is classified into three types namely All Risks, Basic and Restricted Covers which offer insurance of cargo for different types of cargo that can be insured including grain in bags, sugar, fabric, crude oil, textile materials as well as leather goods.

“We pride ourselves in providing extremely high standards of service to both our partners and clients, and we are committed to providing innovative responses tailored to their requirements. Resolution Insurance has an experienced marine cargo claims team and international partners ready to meet international standard needs of client’s business.’ she added.

The company will also cover insurance needs of customers such as complete coverage needed to get goods from warehouse to warehouse; general average losses and contributions in accordance with international laws; risks of war, strikes, riots and civil commotions.

The insurer currently has a network of over 10 branches in Nairobi, Mombasa, Kisumu, Eldoret, Meru, Nyeri, Kisii, Nakuru, Kitengela and Thika.

Products offered include fire, marine, motor, burglary, engineering, goods in transit among others.





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