Compare AIG, EgR and Northbridge by Operational Fit
Based on published features, AIG has the clearest fit for multinational and project cargo, EgR for broker-supported certificates and declarations, and Northbridge for ocean, air, inland and in-transit storage coverage.[4][6][7] None can be ranked for overall value because comparable premiums, deductibles, valuation clauses, shipment limits and full policy wording are not published.[4][6][7] 
AIG Canada
- Transit or program scope: AIG describes global programs with local policies where needed, including multinational and captive arrangements, stock throughput and infrastructure-project coverage. Possible extensions include domestic transit, storage or warehousing, exhibitions, processing and consolidation risks.[4]
- Administration or support: AIG reports access to marine underwriting, claims, recovery, loss-control and risk-management specialists worldwide. Its published information does not confirm online certificate generation or monthly-declaration tools.[4]
- Delay or revenue protection: Advance Loss of Profit (ALOP) and Delay in Start-Up (DSU) coverage are available for project cargo programs. This does not establish that delay protection is automatic under other AIG cargo policies.[4]
EgR inc.
- Transit or program scope: EgR offers tailored marine cargo programs for manufacturer-exporters, importers, freight forwarders and trading houses involved in international trade. Its published page does not confirm transport modes, geographic scope or storage arrangements.[6]
- Administration or support: EgR says it has insurer-granted authority to prepare, negotiate and issue policies, along with professional claims support. It also offers online insurance certificates and monthly declarations.[6]
- Delay or revenue protection: EgR’s published information does not confirm delay, ALOP/DSU or lost-revenue coverage.[6]
Northbridge Insurance
- Transit or program scope: Northbridge describes coverage for ocean and air shipments, inland transportation, and extended storage or warehousing during transit.[7]
- Administration or support: Northbridge includes cargo insurance in a broader marine offering, but its published page does not confirm certificate tools, monthly declarations or local-policy coordination for multinational programs.[7]
- Delay or revenue protection: Northbridge identifies lost revenue resulting from a cargo loss as a coverage feature. Its public description does not confirm general delay coverage or project-specific ALOP/DSU protection.[7]
Request Like-for-Like Quotes for Unpublished Terms
Send each insurer or intermediary the same written risk submission. At minimum, disclose the item type, value, transport mode and other material underwriting facts. Acera says these details can affect whether an insurer accepts, declines or offers coverage at a higher rate.[5]
- Price and retention: Request the total premium, calculation basis, minimum premium, deductibles or retentions, declaration adjustments, and cancellation or refund terms. Comparable figures are not published for AIG, EgR or Northbridge.[4][6][7]
- Valuation and limits: Obtain the exact valuation clause and treatment of freight and other shipment costs. Ask for any coinsurance, per-shipment ceiling, per-location ceiling, storage accumulation limit and commodity-specific limit. The reviewed sources provide no comparable valuation clauses or numeric limits.[4][5][6][7]
- Coverage and exclusions: Request the complete policy form and endorsement schedule. Identify geographic and commodity exclusions, packaging conditions, storage and consolidation provisions, war and strike terms, delay treatment, and transport restrictions. An “all-risk” label does not mean every event is covered because these policies may contain exclusions.[5]
- Contract administration: Verify the policy period, declaration deadlines, certificate authority, audit requirements, renewal terms, cancellation notice and refund rules. EgR confirms online certificates and monthly declarations, but its detailed declaration, binding and cancellation terms are not published.[6]
- Claims and performance: Request notice and proof-of-loss deadlines, required documents, claim location, settlement currency, escalation contacts and recovery procedures. Acera recommends checking whether a claim would be filed locally or overseas and the payment currency.[5] No independent claim-payment rates, settlement-time data or comparable service metrics are supplied for these providers.[4][6][7]
Require each response to mark every field included, excluded, optional or subject to underwriting. Compare the written quotations, policy forms and endorsements rather than relying on blank fields or verbal assurances.
Separate Cargo Valuation From Carrier Responsibility
Acera says international sea and air shipments are governed by laws restricting carrier responsibility and cautions against treating a carrier’s limited responsibility as equivalent to cargo insurance.[5] The reviewed sources provide neither a carrier-recovery formula nor the valuation wording used by AIG, EgR or Northbridge.[4][5][6][7]
Obtain the precise valuation clause and ask what amount would apply to:
- a total loss;
- a partial loss;
- repairable damage; and
- goods damaged or lost during temporary storage.
Do not assume an invoice-value, replacement-cost or landed-cost formula; none is confirmed for these providers in the reviewed public materials.[4][6][7] Review the valuation clause alongside all limits, conditions and exclusions, including those attached to “all-risk” coverage.[5]
Do Not Assume Delay Is Covered
Government of the Northwest Territories transportation guidance broadly describes cargo insurance as covering loss, damage or delay.[8] AIG, by contrast, identifies ALOP/DSU as coverage available for project cargo programs.[4] These sources do not establish that delay is automatically covered under cargo policies from AIG, EgR or Northbridge.[4][6][7][8]
Northbridge says its cargo offering can cover lost revenue resulting from a cargo loss.[7] That wording does not confirm general delay coverage because the published page does not provide the definitions, conditions or exclusions governing this feature.[7]
Ask the insurer or broker to confirm in writing:
- whether delay is covered and under which endorsement;
- what event triggers coverage, including whether physical cargo loss or damage is required;
- the applicable limit and deductible; and
- the excluded causes of delay.
Where a project deadline affects revenue, financing or contractual obligations, make written confirmation of ALOP/DSU or equivalent protection a condition of purchase.[4][8] References
