Marine transportation has a longer history than other methods of transportation and has the largest share regarding volume and amount of transported goods, so that according to the latest available statistics, 90% of the goods in international commerce are transported through the sea. This shows the vital importance of Marine insurance including Transport insurance, Body insurance and Vessels Machinery insurance, among other insurance fields.
Regarding long-term experience in the field of insurance, having specialized cadre and experience in this particular field, Bimeh Iran (Iran Insurance Co.) has always presented modern plans and comprehensive and complete insurance policies, so that at the present time it has allocated 70% of the internal market share in the field of vessels Hull and Machinery insurance to itself. In international arenas it has managed to attract trust and close cooperation of majority of insurers and first grade cooperation of majority of insurers and first grade international brokers.
Covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.
Iran Insurance Co. (Bimeh Iran) renders different standard Marine Cargo policies to provide covers according to latest insurance world clauses for local and international transportation of goods.