Consequential Loss & Trade Disruption
Our insurance products protect against risks that international trade is exposed to throughout the supply chain, and are a significant enabler for exports, imports and international projects.
Our focus is on an expanding range of assureds including: banks, traders, manufacturers, the service industry, the oil industry, and both importers and exporters, with a specific focus on serving the needs of the shipping industry, both vessel owners and charterers.
Consequential Loss and Trade Disruption insurance protects our clients against unexpected disruption to their supply chain following a variety of political, marine or physical risks.
Key Territories: Worldwide excluding North Korea, Iran, Cuba and Syria.
We cover
- Trade disruption insurance (TDI) for force majeure events, physical events, political events, insolvency, supply chain disruptions and frustration of projects
- Delay in start-up (DSU)
- Project cargo and delays
- Shipbuilding delayed delivery and cancellation
- Charter frustration and cancellation
- Port blockage
- Vessel’s loss of revenue
Line size / policy period
Our maximum line size is USD60m and our maximum policy period is five years.
GET IN TOUCH
Peter Merton
Departmental Head of Specialty
London
Edward Parker
Divisional Head of Special Risks
political risk; political violence & terrorism; trade disruption, surety
London
Charlotte Pritchard
Underwriter
political risk, political violence & terrorism, trade disruption
London
Edmund Lee
Trade Credit and Political Risks Underwriter
Singapore
Hugh Selka
Underwriter
political risk; political violence & terrorism; trade disruption
London
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LATEST NEWS
TMK announces sale of Tokio Marine Highland’s US construction business to Intact Insurance Group
17 June 2022
Tokio Marine Kiln announced that a definitive agreement has been signed with Intact Insurance Group USA LLC (Intact) for the sale of Tokio Marine Highland’s (TMH) US construction division.
Altelium and TMK partner on first data-driven insured warranty for battery energy storage systems
11 May 2022
First-of-its-kind product will extend usage of lithium-ion battery storage systems to help accelerate transition from fossil fuels to green energy
TMK launches Intellectual Property Abatement Insurance for US-based SMEs
12 April 2022
TMK has launched IP Abatement insurance for clients in the US. The product will be available for Micro-Enterprise and Small to Medium size clients with revenues under USD100m.