Aon Global Marine gives its cargo broking division special status.

(From Lloyds List)

Byline: Expertise to be pooled in worldwide network in an 'often undervalued' field, writes James Brewer

AON Global Marine has put its cargo broking division on a pedestal to distinguish it from common-or-garden insurance products.

The business is to pool its sector expertise into a global cargo group, ensuring clients will benefit through a worldwide network in 'this important yet often undervalued area of marine insurance'.

It said cargo insurance was often perceived as a commodity 'when it is in fact a specialised product which deserves and requires appropriate skills to design and place risk management and insurance programmes.

'Aon's cargo experts from Asia, Europe and the US are bringing together their worldwide market knowledge and broking talent.'

Steve Allum, chairman of Aon Global Marine, said: 'Our cargo clients will still work with a local contact who is available on their time zone, speaks their language and understands the local culture. However, on a day-to-day basis, the cargo owner will now also ...