Asia events market tries to shrug off pandemic hits

Azure Risk’s Managing Director Anmol Sawlani shares his perspective. Anmol Sawlani, director at broker Azure Risk, said: “Coverage for communicable diseases, including the cancellation related, will continue to be excluded. Underwriters have expressed that there is no foreseeable timeline as to when they can start covering this again.” Any commercial contracts and agreements should be […]

Ukraine invasion heightens marine risk in Asia

Azure Risk’s Managing Director Anmol Sawlani shares his perspective. “The sanctions impact is an issue. That said, most insurers had already excluded Russia, meaning arranging cover via most international markets for cargo involving Russian entities will be near impossible.” As reported by InsuranceAsia News, the situation in Ukraine and Russia has taken much of the […]

Asia Covid policies add pressure to cargo market

Azure Risk’s Managing Director Anmol Sawlani shares his perspective. The over-riding issue regarding Covid-19 and cargo insurance has been the accumulated values at ports, said Anmol Sawlani, a Hong Kong-based director at broker Azure Risk. These are higher than normal due to shipment delays, he added. These accumulations can breach policy limits when extensions have […]

Amazon Seller Insurance Requirements

On August 10 2021, Amazon changed its requirement for sellers mandating that a business or sole proprietor selling on Amazon.com are now required to take out insurance once they reach US$10,000 in sales in one month on Amazon.com. Whereas previously, the threshold for insurance was US$10,000 in sales for three consecutive months, which was rarely […]

Charterers’ Liability Insurance

Azure Risk offers Charterers’ Liability insurance for time and voyage charterers and traders. We can arrange insurance for any type of chartered vessel ‒ cargo carrying and non-cargo carrying ‒ any type of commodity, any trading area worldwide at fixed premiums. We have no restrictions to size, age, type or territory and offer limits up […]

Insurance broker Azure Risk expands offering to clients

Azure Risk announces further expansion into new sectors. Azure Risk Limited (Azure Risk), a digital provider of marine and freight forwarding insurance, has been granted its application to broaden its licence by the Hong Kong Insurance Authority. It is now able to expand its offering to include insurance for Trade Credit, Bonds, Financial Lines, Cyber, […]

World Insurance Services partners with newly launched insurance broker Azure Risk

World Insurance Services, Inc. is pleased to formally announce its association with Azure Risk Limited (Azure Risk), our recommended Asia Pacific insurance broker. Azure Risk, a digital provider of marine, transport and logistics insurance, is headed by highly respected industry executive Anmol Sawlani, who has joined the start-up’s Hong Kong operations as a Director. Anmol, […]

Insurance broker Azure Risk enters the Hong Kong market and appoints experienced new team

Azure Risk Limited (Azure Risk), a digital provider of marine, transport and logistics insurance, announced today that highly respected industry executive Anmol Sawlani will join the start-up’s Hong Kong operations as a Director. Azure Risk combines technology and insurance coverage to provide streamlined and personalized experiences for independent freight forwarders worldwide. Sawlani, and the team […]