Marine Risk Management
Marine Risk Management

Terminal Operators Legal Liability Insurance

This insurance type provides coverage against liability for loss or damage to vessels, cargo and property of others while in the custody or control of the terminal, dock, wharf or pier operators. The term ‘terminal’ has a broad definition, which may include the material goods and activities surrounding wharves, piers, docks, stevedores, storage tanks and warehouses. Because of this, the cover is usually tailored to clients’ needs and frequently extended to include stevedores’ liability which provides insurance protection against claims arising out of cargo-handling operations.

What is covered

Key information requested :

- Types of operation performed
- Contracts/indemnities (ex. subcontractors)
- Annual volume
- Information on property and equipment
- Loss prevention measures
- Claim history

Why is it Important?

Affinity applications in insurance not only enhance customer service but also offer several advantages to companies:

  • Customer Loyalty: Affinity programs can increase customer loyalty by better addressing the needs of the target audience.
  • Specialized Insurance Products: Affinity applications provide a better customer experience by offering specially designed insurance products.
  • Collaboration Opportunities: Companies can expand their markets by collaborating with other institutions.
  • Digital Transformation: Technology and data analytics can make affinity applications more effective.

In conclusion, affinity applications in insurance are a means of providing better service to customers and attracting new ones for businesses. These programs reflect industry advancements by focusing on specially designed insurance products and customer needs.

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Terminal Operators Legal Liability Insurance

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Terminal Operators Legal Liability Insurance

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