Marine Insurance

What is Marine Insurance?

Marine Insurance covers the damages or losses caused to ships, cargo, or terminals through which goods are transferred. This insurance helps lower the aspect of financial loss occurring due to loss of cargo.


How do we do it?

Anviti’s marine team assists you in risk management and provides cover based on specific marine insurance needs. The team consists of experienced and established practitioners, providing consulting and broking services to ship owners, cargo owners, ship operators, and other maritime businesses.


Need for Marine Insurance

Marine Insurance is needed to cover the risk that arise from marine activities such as transportation through ocean and for the inland transit insurance. It is important to have a marine insurance to avoid the financial losses arising from:

  • Cargo theft
  • Loss of container at sea
  • Natural disasters
  • Cargo damages

It is also a contractual requirement to buy a marine insurance to safeguard the cargo.

Anviti offers the following solutions:

Consulting

Benefit team design structures, cost projections, integration of claims with health promotion offerings and benchmarking that positively impacts pricing for future renewals.

Employee Engagement

We will demonstrate uncompromising high standards of integrity and honesty in our solutions and engagement with our clients, colleagues and partners.

Benefits Technology

With our tailormade benefits technology solutions, clients’ benefits delivery processes become more efficient. We provide the right applications that help employers centralize activities, increase compliance with regulatory requirements and eliminate data errors.

Health Promotion

We provide end-to-end support and coordination of all health promotion activities including helping you identify the right employee health goals and objectives and program components, identifying the best fit solution for stakeholders, develop a health risk prevention strategy, and conduct the right health risk classification with a suitable corrective plan.

Benefit Administration

To manage the policy better and to ensure more favorable employee experience, we provide various support activities including, Vendor Selection and Management, Rate Negotiations, Third Party Administrator (TPA) Audits, Document Due Diligence, Benefit Communication, Claim Monitoring and support, Data and Endorsement Management, Web Based Benefit Portal, Regular benefits review, and Compliance and Audit Support.

Benefit Communication

We provide communications design, content development, production support (excluding materials cost). This will be supported by a professional content, design team and will provide support in benefit transition communications, voluntary plan enrollment communications.

What can Anviti do?

We cover all aspects of marine insurance with a special focus on:

  • Property – Hull & machinery
  • Cargo (including stock)
  • Liability (including indemnity & protection)
  • Loss of hire and business interruption
  • Marine war risks & piracy

Our Presence

Our partnerships with leading international Brokers enables us to offer seamless client experiences. It also gives us the capability to carry out risk assessments on all aspects of your maritime organization.


Innovation

Our marine risk professionals have in-dept knowledge and experience to deliver a wide range of innovative marine insurance products and services for standard and unusual marine risks.


Comprehensive Solutioning

We have skills in all aspects of the marine industry and its insurance markets globally, with a specialist focus on cargo, hull and machinery, ports, terminals, shipyards, protection & indemnity, and other marine liabilities.


Effective Coverage

Anviti’s commercial marine insurance division enables you to manage risk economically and effectively. You can also customize the coverage as per your specific insurance needs.


Claims Advocacy

Anviti’s marine claims professionals will support you in handling all aspects of claims. We believe in the preparation of claims handling guidelines upfront.


Our services include:

  • In-depth analysis of existing insurance concepts (incl. premiums, scope of cover, and program structure).
  • Drafting an individual insurance solution with an optimal price/performance ratio using Anviti’s market knowledge and purchasing power.
  • Developing international insurance programs while considering local circumstances and tax implications, and regulatory requirements both within the country and abroad.
  • Worldwide access through our tie-ups with leading international Insurance brokers.
  • Pro-active and client-focused claims processing.
  • Using the information gained from claims processing to complete analysis and evaluations of claims data as a basis for future risk management measures.
  • Conducting client-specific training courses on subjects such as marine insurance, marine risk management, international commercial terms, claims processing, etc.

Logistic Risk Management

Anviti has the capability to help clients with not just Insurance needs, but also to improve overall quality of insurable risk. We help reduce and mitigate risks through our logistic risk management team. The team specializes in the following areas:

  • Data Analytics and Report Publishing
    • Analyze loss data
    • Identify and study patterns
  • Study Supply Chain and identify areas of improvement to reduce losses
    • Identify transit risks leading to losses and disruption in raw material as well as finished product supplies
    • Route Surveys
    • Loading and Unloading risk Inspections for key warehouses
    • Warehouse – Stock Handling Study
    • Packaging study and suggestions to reduce and mitigate losses
    • Driver training
    • Awareness sessions with Logistics Teams
  • Risk Management Seminars/Transporter Seminars

Make an Enquiry


Write to us and we will get in touch with you.

Get in Touch


Reach out to us at any of our touch points.

Unit 102, 1st Floor, The Estate, #121, Dickenson Road, Bengaluru - 560042

Email: info@anviti.com

Phone: 080 4611 3601

Board: +91 80 4611 3601

ILFS Financial Centre, 7th Floor Quadrant D, Plot C-22 Block - G, Bandra Kurla Complex, Mumbai - 400051

Email: info@anviti.com

Phone: 02249064401

Board: +91 22 4906 4401

17th Floor, Tower A, DLF Building No. 5, DLF Phase III, Cyber City, Gurugram -122002

Email: info@anviti.com

Board: +91 12 4492 1231

Regus CitiCentre, Level 6, 10/11, Radhakrishna Salai, Mylapore, Chennai 600004

Phone: 098 4089 5074

Suite 714 and 715, Regus - Krishe Sapphire, 7th Floor, South Wing, Hitech City Main Road, Survey No. 88, Madhapur, Hyderabad - 500081, Telangana

Email: info@anviti.com

Phone: 040 6717 2016 / 2017

Suite 240, Regus Business Centre, Connaught Place, Level 2, Bund Garden, Pune 411001

Phone: 020 4014 7592 / 7594

Fax: +91 80 4611 3600

Contact Us