Industry Expertise
With good reason, our clients that move season-sensitive merchandise and commodities through the global supply chain entrust their specific needs to Foa & Son. They rely on us for:
- Targeted programs that have endured not just for years, but for decades
- Knowledge in specialized marine coverages not used by generalist brokers
- Familiarity with carriers that insure with broad coverage at the most competitive rates
- Understanding of the ups and downs of the business cycle
- Deep understanding of and relationships in marine markets
Insurance Solutions
Companies dealing in retail and apparel need more than a broker with general knowledge of insurance programs designed by underwriters. Foa & Son:
- Specializes in cargo and throughput insurance
- Utilizes expertise to craft insurance programs that have broader coverage for lower premiums
- Creates responsive policies that can provide automatic coverage when supply chains shift midyear
Trending Topics
By Michael Boscaino -- Many retailers in riot-torn U.S. cities are learning the hard way that their property insurance isn’t nearly enough to cover the cost of inventory lost to looters. And even if they do file a theft or damage claim, the insured value of their lost inventory is…
Your current commercial insurance broker might have been the right choice a few years ago when the insurance market was soft, but 2020 is a different story. We’ve entered a hard insurance market, and rate hikes and coverage restrictions are expected to continue across most lines. But, with good advice…
