Our dedicated team works closely with clients including importers, exporters, shippers, receivers, sellers and buyers to clearly understand their needs and match their risks to the right protection.
Carriers such as shipping lines and airlines provide only limited liability in the event of loss or damage to goods based on weight related compensation. Peter Lole operates its own unique, 'all risks' marine cargo insurance policy backed by the security of Lloyd's of London or other first class insurers. Accepted by insurance companies, it includes additional clauses to the standard provisions and has been drawn up following many years of experience.
We also work closely with clients to continually review their insurance requirements and in the event of a claim, our team handles the process efficiently and comprehensively to minimise the impact on business operations.
As an extension of Marine Cargo Insurance, Peter Lole also provides Stock Throughput Insurance which provides protection for UK and overseas warehousing and distribution.
It includes cover for raw materials, parts, semi-finished and finished products with the basis of valuation set for each stage of production.
We offer continuous cover under a single policy for all stages of the supply chain including transit, process (but excluding damage caused by the process), storage in the UK or overseas and delivery to the customer.
Jim Davies, JP RAM Shipping