Allied World’s Marine Cargo team underwrites a broad spread of internationally sourced cargo business for goods in transit – whether by sea, air or land, as well as stock-throughput and excess storage risks. We focus on a diverse range of clients from SMEs to multinationals.
Drawing on extensive market knowledge and technical expertise and working closely with Lloyd’s brokers, our underwriters are committed to delivering the highest level of service, are flexible in their approach and are empowered to make decisions. We place great emphasis on understanding our clients’ business and the team will travel regularly to meet, build and maintain relationships, with our clients and brokers.
Capacity
- Up to $50M or equivalent currency (direct and fac basis)
Target classes
- Manufactured goods
- Oil and gas
- Metals and minerals
- Hi tech
- Project cargo
Key coverage
- Primary or excess layers on risks in transit or on a stock-throughput basis
- Comprehensive all risks coverage
- Excess Stock
- Project Cargo
- Consequential Loss and Delay In Start Up
- Bespoke client and subject matter specific coverage
Underwriting strategy
- Building long term and reciprocal relationships with our brokers and clients
- Delivering outstanding underwriting expertise, service and responsiveness
Financial strength
Allied World’s Lloyd’s Syndicate 2232 benefits from the ratings assigned to the Lloyd’s market: A+ (Superior) from A.M. Best, AA- (Very Strong) from Standard & Poor’s and AA- (Very Strong) Fitch ratings. In addition, we are part of the Lloyd’s chain of security and as a result all policies written by Syndicate 2232 are backed by the Lloyd’s central fund.
Coverage is subject to the satisfaction of applicable regulatory licensing requirements and will be provided through appropriately licensed insurance intermediaries. Actual coverage may vary and is subject to policy language as issued. Risk management services are provided by or arranged through AWAC Services Company (Ireland) Limited, a member company of Allied World. Coverage will be underwritten by Allied World Syndicate 2232, including EU/EEA business that will be underwritten by Lloyd’s Insurance Company S.A. (Belgium) and fully ceded to and reinsured by Allied World Syndicate 2232. Syndicate 2232 is managed by Allied World Managing Agency Limited, which is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The Lloyd’s market is rated “AA-” (Very Strong) by Standard & Poor’s and “AA-” (Very Strong) by Fitch Ratings. © 2025 Allied World Assurance Company Holdings, Ltd. All rights reserved.