What Are the Key Differences Between Berkshire Hathaway Specialty Insurance and Travelers Cargo and Transit Insurance?
Transit and stock-throughput scope
Travelers describes property in transit on the insured’s vehicles or with public or contract motor, rail or air carriers. BHSI’s current U.S. Marine catalog lists Ocean Cargo and Stock Throughputs as separate offerings; its older cargo overview also describes domestic transit and excess stock, subject to its 2022 qualifications. Map warehouse stops and stock periods against the actual forms instead of assuming the catalog categories combine. [7] [2] [3]
Shipment fit and tailoring
Travelers says Cargo Pak and Cargo and Logistics Pak are set up for each operation because logistics services vary. BHSI’s 2022 U.S. cargo guide described target goods and listed project cargo among out-of-appetite examples; its current catalog separately lists Project Cargo. Ask BHSI underwriting to reconcile the product listing and older appetite note for the specific commodity. [7] [3] [2]
Service and capacity checks
Travelers describes Inland Marine Network risk-mitigation, claims and special-investigations specialists. BHSI’s 2022 U.S. guide states a $25 million maximum line subject to risk, but does not confirm current capacity or worldwide availability. Request a current BHSI line indication and compare named claims contacts and support with Travelers’ described services. [7] [3]