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Marine & Cargo Insurance

Coverage for when things aren’t smooth sailing

With deep roots in the maritime industry, we know the right insurance for vessels and cargo is essential to protect your business from the many perils of the sea. Just like transport vehicles need coverage when they’re on the road, vessels need coverage when they are out at sea.

Whether you’re a shipowner, cargo owner or in the international trade business, having the right policies in place is a must-have. Regional Insurance Brokers can help you find cover for one-off shipments, multiple freights during the year, domestically and internationally, or a mixture of both.

What does a marine insurance policy cover?

Our team of trusted insurance brokers have been finding the right business insurance packages for the marine industry for over 40 years. With our expertise, no challenge is too great. We protect your marine business from costly setbacks, ensuring stability and continuity at every turn. Regional can assist in arranging a wide range of policies, including:

Goods in transit
Goods in transit insurance covers your customers’ goods as they move by sea, air, rail, or road, from collection point to delivery. This protection ensures that, no matter where the goods are in transit, they are covered against potential risks such as damage, theft, or loss.
Marina operators
Coverage for yacht clubs, ship repairers, port authorities, and other marine service providers, protecting against third-party injury and property damage that could arise within your operations.
Commercial vessels
Protect your commercial vessel and port operators, including charter boats, tourist vessels, fishing boats, tugs, or barges. Protect against loss, accidents and marine liability so you can rest assured your business remains secure in the waters.
Logistics
Designed for logistics companies and freight forwarders transporting goods across Australian waters, this coverage protects against potential damages, delays, or losses while ensuring smooth and secure deliveries.
Pleasure craft
Coverage for yachts, cruisers, and other pleasure crafts, protecting against accidental damage, theft, sinking, property damage, and even third-party personal injury, including incidents involving water skiers.

Why do I need marine and cargo insurance?

Marine insurance is essential for businesses in the maritime industry, protecting against risks like accidents, property damage, and liability claims. It covers challenges such as cargo damage, vessel collisions, and third-party injuries, protecting your assets and operations. With the right coverage, your business can continue running smoothly, even when faced with the unpredictable nature of the sea, providing stability and peace of mind. Key benefits of having this coverage include:

Financial security
Marine insurance offers protection from unexpected losses or damages, helping to safeguard your business’s finances in the event of accidents, theft, or natural disasters.
Risk management
The marine industry is full of unpredictable risks. Insurance helps manage these risks by covering potential damages to goods, vessels, and property, reducing the impact of unforeseen events.
Confidence
Knowing your assets and operations are protected allows you to operate confidently in the maritime industry, whether transporting goods, managing a marina, or running a commercial vessel.
Professionalism
For many businesses, marine and cargo insurance is not just recommended – it's often a legal or contractual requirement. Insurance helps you meet industry standards and contractual obligations with clients, suppliers, and regulatory bodies.

Trust Regional for your marine insurance needs

With a diverse client base, we’ve honed our risk analysis and policy wordings to address potential gaps, ensuring comprehensive coverage for all aspects of your marine, cargo and transit endeavors. We conduct thorough risk analyses for every business, pinpointing specific risks to structure your insurance program accordingly.

Find out more about our insurance broking services

Flexible marine insurance solutions with a flexible touch

Insurance can often seem complicated due to the wide range of products, exclusions, and complex terminology. It’s easy to feel overwhelmed when trying to choose the right coverage. A knowledgeable broker at Regional will take the time to understand your specific needs, guide you through the available options, and secure an insurance policy that provides the proper protection for your business.

The right cover for you
Insurance solutions to suit your business risks, no matter your industry or location.
Friendly, local service
With offices across Queensland and a nationwide reach, you have access to the support you need, when you need it.
Support from an expert
Experienced insurance professionals to help identify risks, manage your coverage, and assist with claims.

Premium Funding

Premium Funding is a financial management service that can help your business manage its cash flow and preserve working capital by spreading the cost of your insurance premiums instead of lump sum payments. At Regional, our brokers can assist with funding arrangements for your insurance program.

Why use Regional?

With a diverse client base, we’ve honed our risk analysis and policy wordings to address potential gaps, ensuring comprehensive coverage for all aspects of your marine, cargo and transit endeavors. We conduct thorough risk analyses for every business, pinpointing specific risks to structure your insurance program accordingly.

Frequently asked questions

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