Stock Throughput Insurance

Stock Throughput Insurance

Simplifying insurance coverage from raw material to delivery

The manufacture and sale of any product is a complicated business and getting the right insurance can be equally complex. You need coverage for your whole production process from the raw materials right through to delivery of the final product. And there’s a huge potential for things to go wrong at any stage of the process. The traditional way of protecting against those losses and mitigating the risks is to buy different types of insurance for all the different stages of production and distribution.

However, this approach can be expensive. Plus it can be difficult to manage with separate deductibles for each policy, various premiums as well as a variety of insurers. And when coverage is split into disparate areas, there’s the opportunity for things to be missed and gaps in protection to creep in.

Here at Axis Insurance we work with a wide range of manufacturers, and understand the manufacturing process from the delivery of raw materials, through the creation of products at the factory to shipping the goods to customers after the sales process is completed. The transit and logistics process can also be complex - particularly when products are moving from one country to another.  Various modes of transportation may be required or the product could be stored at numerous warehouses and/or ports along the way. Products might also be repackaged into smaller units before finally being delivered into the hands of the end user.

This multifaceted process chain means that different insurance policies are brought in to play - such as marine cargo, aviation cargo, property/inventory, motor truck cargo etc.  The traditional way of insuring these risks is to have an insurance policy for each exposure. As already outlined, each policy will have its own deductibles, scope of coverage and terms and conditions. However, the experienced team at Axis Insurance Manages can create a tailor-made stock throughput policy to simplify the process and substantially reduce the time and effort required to administer several individual policies. The policy will cover your transit and stock exposures on a worldwide basis – saving you both time and money.

Stock throughput coverage is predominantly written at Lloyds of London. Axis Insurance Managers enjoys a long term connection with Lloyds and the London market and we enjoy exceptionally good relationships with writers of stock throughput insurance in both the UK and Canada.

Benefits of Stock Throughput Insurance from Axis Insurance Managers Inc. include:

• Competitive premiums
• Global coverage
• No time limitations on length of storage
• Selling price valuations (thereby reducing certain Business Interruption exposures)
• Flat deductibles
• Easily adjustable and easy administration
• Broad wordings tailored to your individual circumstances
• Readily available expert insurance market

As with every insurance policy there are different options, policy wordings, enhancements or amendments available. Your Axis Insurance manager will be able to help create a tailor-made policy to suit your exact requirements.

To find out more about Stock Throughput Insurance, or to discuss your existing insurance policies, please give one of Axis Insurance’s professional and experienced team members a call at 604.731.5328 or email: We would also be pleased to outline the benefits of Stock Throughput Insurance with your management team or board members. If you would like to schedule a meeting or request an application form, please contact Tony Davis directly at 604.708.62495 or David Marsh at 604.708.6242.

Axis Stock Throughput Insurance Specialists