Ocean Cargo



Even in this day and age, ships sink. Cargo is pilfered. Containers leak. Trucks overturn. Goods spoil.

To protect against these risks and more, ERM offers Ocean Marine Cargo insurance for both importers and exporters. We work with several underwriters to obtain the best possible coverage at the lowest cost for our clients. 

Clients purchase Cargo coverage from ERM for two primary reasons:


To save money and improve terms: ERM has years of experience in this specialty line, and excellent contacts among the small circle of underwriters able to offer cost-effective service around the globe. More than once, we have saved clients over 30% compared to their previous policy rates.


To dovetail with credit insurance: There is no point in winning a sale unless you get paid for it. Customers can, and do, default on payment obligations for all kinds of reasons, and sometimes the cause is an alleged problem with the physical shipment. By purchasing both credit and cargo insurance through ERM, clients can be assured that all appropriate resources will be applied to minimize the loss and maximize the recovery.

For a Cargo proposal, please provide the following information:

Your Company Name and Contact Information:

Products Shipped:


Anticipated Annual Insured Volume Shipped:

Insured Volume Shipped Last Year:

Where Shipped:

Method of Shipping:

Coverage Limits Required:

Average Value of a Shipment:

Current Underwriter, Coverage, Pricing:

Loss Experience Last Three Years (insurer profit & loss statement generally required):

Special Insuring Terms Required:

Coverage requested (All Risk, etc):

Any other information that would affect underwriter's judgment:


Call ERM at (860) 435-0430, and ask for Carey Fiertz, President, if you have any questions, or email him at cfiertz@exportrisk.com. Carey's insurance career began in the Ocean Cargo underwriting department at Chubb & Son, and he is eager to put his experience to work for you. 


Copyright 2010 Export Risk Management, Inc.