MGA Loadsure unveils ocean cargo insurances

Managing general agent and Lloyd’s coverholder Loadsure Ltd. on Wednesday said it has launched Danube dynamic ocean cargo insurance and Huron ocean cargo and stock throughput insurance.

The coverages offer limits up to $10 million per conveyance and up to $10 million for named storage locations with Huron stock throughput insurance, including coverage for catastrophic perils, a Loadsure statement said.

The policies include all-risk coverage for goods and merchandise in transit or at storage facilities with Huron, and door-to-door protection from physical loss or damage, including acts of God, loading damage, flooding, fire, roof collapse and theft, the statement said.