Goods in Transit

Theft of goods on the road or goods being transported has outstripped other claims mediums in recent years.

The difficulty Insurers have is in giving an underwriting viewpoint when so much about moving traffic is beyond their control.

Additionally, the increasing use of the internet has partly destroyed city centre shopping, adding to the UK traffic problem with the distribution of goods ordered from websites.

It has been calculated that the value of goods in transit has grown 9000% since 1980. It is logical therefore, that the insurance of these goods (for either purchaser or vendor) has become big business.


Whose responsibility are the goods? Is the value retail or wholesale? What about goods at sea or abroad? How do you prove value? These are the kind of questions we are frequently asked.

The sister of goods in transit, marine cargo insurance, is even more complicated.

Shire Insurance specialises in unusual and complex problems. Clive Morton, Insurance Director at Shire Insurance, is one of the true problem solvers in contemporary insurance.

To find out more about how Shire Insurance can help protect you and your business call us today on
01827 306532 or email info@shireinsurance.co.uk

 

 

For more information

Shire Insurance Services Ltd

1 Calico Business Park
Sandy Way
Amington
Tamworth
B77 4BF
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t: +44 (0) 1827 306 532
e: info@shireinsurance.co.uk

Registered in England and Wales No. 06846827

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