Marine cargo: Sailing towards a brighter future

Statistics show that the global marine cargo market is worth around £11.8bn and the UK contributes £1.48bn (12.4%) of global GWP – the largest element of the marine market. The market is now so advanced that some large brokers, including Marsh, Aon, Willis, Lockton and JLT all have their own marine wordings which are supported by a panel of insurers.

Marine cargo is a niche area but one where the right brokers can truly succeed. But how has the sector developed and what changes are in store in future? Download this article to find out more.

Topics covered:
• History.
• Marine premiums by line of business.
• Digitisation.
• Trends.
• Challenges.
• Future.