Project Cargo

Billions of dollars of project-critical equipment are shipped around the world every year. A single shipping failure can turn a $10 million cargo loss into a $100 million delay in start-up (DSU) loss, due to re-fabrication, shipping, expenses, lost profits and other operational costs.

With our market-leading capacity and a truly global reach, Allianz Global Corporate & Specialty (AGCS) can protect your business against the biggest risks with our comprehensive project cargo insurance.

Product description

Allianz Global Corporate & Specialty's (AGCS) underwriting and claims professionals have years of hands-on experience in dealing with project cargo insurance, and are adept at delivering consistently prompt solutions for increasingly volatile and high value risks.

What's more, they work closely with our expert risk consultants and survey specialists to provide comprehensive support for each and every shipment you undertake. 

We serve a wide range of sectors, including energy and renewable energy, construction and infrastructure, chemical facilities, printing, power, steel, and more.

Risks covered

Our project cargo insurance solutions are designed to meet the specific risks of projects of all sizes, including:

  • loss or damage of critical components in transit for civil, production and/or infrastructure construction projects
  • DSU and advanced loss of profits for loss of income and profit resulting from late or non-arrival of critical components due to physical loss or damage.
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.

Allianz Risk Barometer

  1. Fire, explosion (29%) - 2022 rank: 3 (25%)
  2. Changes in legislation and regulation (25%) - NEW
  3. Cyber incidents (25%) - 2022 rank: 4 (23%)
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.