Logistics solutions cargo insurance

1. DSV Cargo Insurance

2. 2 | DSV – June, 2016
Table of contents
Unique selling points
A list of our standard cover options and
special products
Contact details
A short presentation of DSV Insurance

3. 3 | DSV – June, 2016
DSV Insurance A/S
• Registered insurance company (licensed in
EEA under Danish FSA-no. 53110)
• Handling insurances world wide on behalf of the
DSV Group
• Running DSV Insurance A/S – DSV Group’s
own insurance company
• DSV Insurance delivers cargo insurance to the
DSV Group divisions, either direct or through
our partners, Royal & Sun Alliance
• Additionally National Insurance Coordinators
have been appointed in all DSV countries and
deals with insurance in their respective
countries
Group Insurance

4. 4 | DSV – June, 2016
DSV Solutions
• One stop shopping
• No deductible (excess)
• Fast and smooth claims handling
• Claims settled within 7 days upon receipt of
requested documentation
• All-risk insurance based on invoice value,
freight + opt. imaginary profit 10%
• Insurance designed on customers request: per
shipment or annually

5. 5 | DSV – June, 2016
Cargo Insurance Portfolio
• Cargo Insurance - All-risk (ICC A)
• Storage insurance
• Cargo Insurance - Total loss and general average (ICC C)
• Consequential Loss Cover
• Warehousing (Customers’ goods)
• Cargo Insurance on DSV Xpress shipments
Standard coverage options and special products
Additionally, we can offer General Policies to customers
(including all transports for customers in EEA)

6. 6 | DSV – June, 2016
• ICC (A) All-risk terms
• War & Strike included (Zone 1+2)
• Worldwide (except excluded countries)
• Standard commercial goods (except excluded commodities)
• Sold as “15 for 15” or equivalent in most countries
• Special rates
− Fragile goods
− Motor vehicles
− Personal effects
• Max. value EUR 500,000
• If value above EUR 500,000, the shipment must be referred to
DSV Insurance for approval
DSV Cargo Insurance
Scope of coverage

7. 7 | DSV – June, 2016
• ICC (A) All-risk terms
• Storage Risk Clause
• Cover for extended storage up to 365 days (after transit
terminated)
• Insured value defined as highest value any given day
− Max value: EUR 5 mill per location/country
• Premium to DSV Insurance: as per individual contract
• Minimum premium to DSV Insurance: as per individual contract
Storage Insurance
Scope of coverage

8. 8 | DSV – June, 2016
• ICC (C) Named-risk terms
• Risks covered:
− Loss or damage due to
 fire or explosion
 vessel or craft being stranded grounded sunk or capsized
 overturning or derailment of land conveyance
 collision or contact of vessel craft or conveyance with any
external object other than water
 discharge of cargo at a port of distress
− General Average and jettison
• Premium to DSVI: 50% reduction on standard rates
• Minimum premium: standard rate
Total loss and General Average cover (upon request only)
Scope of coverage

9. 9 | DSV – June, 2016
DSV Insurance: Cargo (Consequential loss)
Scope of coverage
• ICC (A) All-risk terms
• Extension of Cargo Insurance Cover
• Maximum cover = EUR 5,000 any one event
• Premium = EUR 50 (internal buying rate=EUR 33)
• The Extension is subject to the ‘Consequential Loss Clause’:
“This insurance is extended to cover additional costs
and or expenses resulting directly from the following:-
– Loss or damage to the cargo insured by this policy where such loss or
damage is covered by this policy
– Delay in delivery of the cargo insured by this policy but only where you
have purchased a guaranteed time delivery service from DSV.”

10. 10 | DSV – June, 2016
DSV Insurance: Warehousing (provided by if…)
Scope of coverage
• Cover for third party goods (customer’s stock) under our
responsibility in DSV locations
• Value: Cover can be arranged to EUR 150 mill.
• EEA countries
• Conditions
− All risk including fire, burglary, water damage and other property damage
− Two rate alternatives, min. premium in both cases is EUR 500
 Deductible: EUR 25,000, yearly rate: 0,05491% (Excl. VAT and local taxes)
 Deductible: EUR 2,500, yearly rate: 0,1812% (Excl. VAT and local taxes)
− Annual contracts or short-term (adjusted pro-rata)
• Cover can be extended with ICC (A) All-risk for transportation to
include Supply Chain

11. 11 | DSV – June, 2016
Insurance cover DSV Xpress
Scope of coverage
• ICC (A) All-risk terms
• Worldwide (Zone 1-2-3)
• Premium to customer: EUR 3 (or local equivalent)
• Premium to DSVI: EUR 2 (or local equivalent)
• Max. value EUR 1,500 (or local equivalent)
• If value is above EUR 1,500 then standard terms will apply.
• Including Documents and Tickets Clause

12. 12 | DSV – June, 2016
Cargo Insurance: General policies
Insurance of shipments – performed/ arranged by DSV
• DSV Insurance can offer general or annual policies to your
customers.
• In EEA countries where FOS applies, DSV Insurance can make
direct policies to customers
• Outside Europe where we are fronted by local insurers, we can
issue Insurance Summary as an alternative to policy.
• All requests must be referred to DSV for approval
• No cover is provided in respect of storage outside the ordinary
course of transit
• We can also offer insurance cover for customers that are using
other forwarders, subject to certain restrictions

13. Cargo Insurance contact
e-mail: groupcargoinsurance@dsv.com