"CARGO INSURANCE SPECIALISTS"

This type of insurance coverage insures ocean and air freight and it's mainly used for International Shipping. It covers damage to your cargo during the course of transit, loading/unloading, weather conditions, piracies and other risks faced by ships and airplanes.

Contingent Cargo insurance provides coverage which will indemnify and defend an NVOCC (non-vessel operating common carrier)/Freight Forwarder for your customers loss or damage to cargo where there is an allegation of liability for  your of carrier or for your perceived failure to carry out your due diligence in ensuring that the carrier has adequate insurance coverage. 

A Customs Importer Bond is a financial guarantee between the Surety Company issuing the Customs Bond, Importer of Record (The Importer), and Customs & Border Protection (CBP).  The Customs Importer Bond guarantees CBP will collect all import duties, taxes, fines or penalties from the Importer. An Importer may only have one Continuous Importer Bond on file. 

OTI (ocean transportation intermediary) bonds are required by the FMC (Federal Maritime Commission) from all ocean freight forwarders (OFFs) and non-vessel operating common carriers (NVOCCs) who wish to become licensed as ocean transportation intermediaries and operate in the United States.