Allianz Launches Inland Marine Cargo Insurance Product

August 30, 2016

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched Transportation Block 2020, a fully integrated and comprehensive inland marine cargo insurance product, complete with risk management services.

Specifically, it features new cover for a range of transportation exposures, including those recently created by the FDA’s Food Safety Modernization Act (FSMA). Now, transportation providers can find protection for goods that have not been directly physically damaged, but have been deemed adulterated due to new stricter transport or storage requirements.

As part of Transportation Block 2020, AGCS clients have access to risk management support services offered by professionals and legal consultants specializing in transportation cargo risks. They will also be able to access AGCS’s partnership with AFIMAC, a global security firm, and Freightwatch, an international leader in security services for loss prevention, theft tracking and recovery.

AGCS assembled its dedicated North American Transportation and Logistics unit in Q4 of 2015 that includes the technical expertise of its transportation claims division and capabilities, including motor truck cargo, contingent cargo, auto physical damage, warehouse legal liability, equipment and property risks of all kinds.

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