Rokstone, the international specialty re/insurance managing general agent (MGA), has launched a new cargo stock-only programme, with $25 million capacity, to support their clients with smarter, more flexible coverage and competitive premiums.
Only a handful of MGAs have the appetite, capability, and capacity relationships to deliver stock-only coverage.
The programme is highly flexible and underpinned by Rokstone’s technology capabilities, including its proprietary underwriting and distribution platform, ATOMX. It also delivers competitive pricing, broader wordings, and lower deductibles.
The MGA explained that the move corresponds to the demand for more tailored inventory solutions.
By separating stock from property or stock-throughput programs, brokers can respond to the needs of clients facing increased supply chain volatility, warehousing risks, and dynamic storage environments, said Rokstone.
The programme’s flat deductibles are as low as $10,000; it includes catastrophe cover and protection for the full value of inventory, thereby delivering real value in terms of cost savings, clarity, and outcomes tailored to how businesses operate today.
Mike Nukk, Head of Marine, Rokstone, commented, “Demand for responsive and innovative Cargo coverage is accelerating. There is a growing recognition that insureds can benefit from their inventory being insured on a stand-alone basis, and we’re delivering that in a way that truly reflects the nature of the operational risks faced in today’s environment. It’s a smarter way to think about inventory risk and a differentiator for brokers looking to structure coverage for better outcomes.”
