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Transportation insurers launch consolidated marine offering

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Australia-based insurers CGU Insurance Australia Ltd. and AAI Ltd. have are consolidating their hull, cargo and goods in transit coverage to a new entity called Marine Protect: Powered by National Transport Insurance, ATN reported. CGU is a subsidiary of Insurance Australia Group Ltd., while Suncorp Insurance Holdings Ltd.'s owns AAI. Kelsey and CGU national marine claims manager Mike Sullivan.

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