Individuals and businesses engaged in trade are exposed to numerous risks, including cargo theft, damage, accidents, and natural calamities during transit. These unexpected risks can cause significant financial losses and disrupt the supply chain. Marine insurance is crucial in safeguarding cargo, vessels, and other maritime assets from these potential risks. Marine insurance has a long […]
Articles Tagged: scope of marine insurance
Marine Insurance Trends in India: What to Expect in 2025
India’s economic growth is being significantly driven by digitalisation and technological advancements across all sectors, including insurance. Marine insurance—one of the oldest forms of insurance—is also transforming customer behaviour, preferences, and demands. With Indian businesses increasingly expanding their global footprint, marine insurance has become more essential than ever. The insurance industry in India is evolving […]