Inside the Red Sea Crisis: Key Insights and Its Impact on Global Stability

aerial view of a cargo ship

The Red Sea is a pivotal geopolitical region with a rich history and significant importance in contemporary global affairs. It channels​​ 30% of global container traffic. According to the World Bank Document, the escalating conflict around the Red Sea crisis has an intensifying impact and far-reaching consequences on international stability. Recently, we have understood that […]

War Risks Insurance

The uncertain international security landscape continues to put the importance of war risks insurance in the spotlight. You may be aware that Azure Risks’s War Risks Insurance complements our existing Marine Cargo Insurance. Our War Risks insurance products are designed to protect ship owners, ship managers, cargo owners and charterers from war risks and piracy […]

Shipments to Israel during Israel/Gaza War

  This article was authored and first published by Richard Kamppari Baker (Claims Director at World Insurance). We’ve had numerous queries regarding shipments to Israel and other Middle East countries affected by the Israel/Hamas war. Notably, whether these shipments are excluded and what happens in the event of an incident. If your shipments are not […]

Cargo Insurance vs Freight Forwarders Liability Insurance: What’s the difference?

We come across clients who perceive that a Freight Forwarders Liability policy acts the same as a blanket Cargo Insurance policy. However, this is not the case, and this misinterpretation can land the freight forwarder in hot water. Both insurance policies can cover lost or damaged cargo, but how they respond is significantly different. The […]

Tanya Venkatraman Joins Azure Risk’s Expanding Team

Tanya Venkatraman joins Azure Risk as Corporate Business Development Manager. We’re pleased to welcome our newest team member Tanya Venkatraman. Read our Press Coverage: Azure Risk expands with hire from Pacific Prime – InsuranceAsia News

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 […]

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Azure Risk – Efficient cargo insurance – We’ve got you covered 24/7

Efficient cargo insurance – we’ve got you covered 24/7 Multi-user access, full transparency for management, operations and sales teams. Fully downloadable reports and generation of professional-looking quotes using our digital platform ‘Edge’ are some of our efficient cargo insurance benefits.